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Altamira Gold Announces Re-Commencement of Drilling at the Maria Bonita Intrusive-Hosted Gold Discovery, Cajueiro Project, Brazil.
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Altamira Gold Corp. (TSXV: AL...
About this update from Altamira Gold Corp
[{"type":"text","content":"Altamira Gold Announces Re-Commencement of Drilling at the Maria Bonita Intrusive-Hosted Gold Discovery, Cajueiro Project, Brazil.Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF) (\"Altamira\" or the \"Company\") is pleased to announce the start of a second stage diamond-drilling programme at the Maria Bonita gold discovery at its Cajueiro project located in the states of Mato Grosso and Para, Brazil. Highlights:A diamond drill programme comprising 27 diamond holes totalling 5,000m has commenced at the Maria Bonita gold discovery located 7km NW of the Cajueiro gold deposit Initial reconnaissance drilling at the Maria Bonita target on a strong gold-in-soil anomaly has revealed the presence of a previously unknown intrusive containing significant intervals of disseminated gold mineralization The current drill programme is designed to establish the size of the mineralized system at Maria Bonita. Recent surface soil sampling has extended the gold-in-soil anomaly which now measures 800 x 800m and is coincident with a magnetic low anomaly with dimensions of 1.5km x 800m CEO Mike Bennett commented; \"We are very pleased to report the commencement of a second stage of diamond drilling at the Maria Bonita discovery, at our Cajueiro project in Brazil. The main objective of the drill program is to establish the size of the mineralized system. The initial drill holes which returned remarkably consistent gold mineralization were drilled in a coincident gold-in-soil anomaly and a magnetic low, and this feature is our main target. We also aim to test for deeper, potential feeders to the intrusive-hosted stockwork gold mineralization. This should lead to a regular stream of drill results during the coming months.\"CAJUEIRO PROJECT The Cajueiro project is located approximately 75km NW of the town of Alta Floresta in the state of Mato Grosso (Figure 1) in central western Brazil and is easily accessible by road and has grid power. Cajueiro forms one of three key projects that Altamira controls in the region, the other two being Apiacas and Santa Helena (Figure1).Figure 1: Location of the Cajueiro, Apiacas and Santa Helena projects.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/4500/189864_753ad48f34e76a18_001full.j...