Altamira Gold Drills 130m @ 0.5g/t Gold in Step-Out Hole 110m North of the Maria Bonita Mineral Resource, Within the Cajueiro District, Brazil

About this update from Altamira Gold Corp

[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - May 20, 2026) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCQB: EQTRF), ("Altamira" or the "Company") is pleased to report assay results from a second recent exploration diamond drill hole outside the Maria Bonita mineral resource.","length":303,"tagName":"p"},{"type":"text","content":"Highlights:","length":11,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Scout drill hole MBA037 intersected a wide interval of gold mineralization within porphyritic and tuffaceous host rocks and is located 110m north of the edge of the current Maria Bonita mineral resource. It is also 300 metres north of drill hole MBA036.","length":253,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":253,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"MBA037 returned 9m @ 0.7 g/t gold from 39m and 130m @ 0.5g/t gold from 97m downhole. The latter interval includes 40m @ 0.8g/t gold from 100m down hole depth.","length":158,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":158,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"The style of mineralization is similar to the early-stage quartz vein and stockwork mineralization found in the core of the Maria Bonita mineral resource and previously encountered in drill hole MBA036.","length":202,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":202,"olType":false},{"type":"list","items":[{"val":[{"type":"text","content":"This intercept suggests that the Maria Bonita gold deposit is open to the west and now the north and also at depth.","length":115,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":115,"olType":false},{"type":"text","content":"CEO Mike Bennett commented; "The latest two drill holes completed at Maria Bonita have exceeded our expectations and were both drilled outside the current resource envelope. The results from drill holes MBA036 and MBA037 suggest that the porphyry-hosted gold deposit at Maria Bonita remains open to the west and also to the north. The distance between the two step-out holes is approximately 300 metres, and possible mineralized extensions of these blocks need to be tested both to the north and to the south. The mineralization demonstrate...

More updates from Altamira Gold Corp