Altamira Gold extends footprint of gold mineralization at Maria Bonita with drill results

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[{"type":"text","content":"Altamira Gold extends footprint of gold mineralization at Maria Bonita with drill results\n \n \n (NewsDirect)\n \n \n \n \n Altamira Gold CEO Michael Bennett joined\nSteve Darling from Proactive with an update on the company's\nongoing exploration program at the Maria Bonita discovery located on\nthe Cajueiro gold project in northern Brazil.\n \n \n The company's exploration efforts have\nyielded positive results, with a deep motorized auger drilling program\ndemonstrating an extension of gold mineralization in weathered bedrock\nin multiple directions around the mineralized area previously defined\nby initial diamond drilling.\n \n \n The\nprogram comes after the successful completion of nine diamond drill\nholes, which include noteworthy results such as 69 meters at 1 gram\nper ton (g/t) in MBA005, 50 meters at 1.1 g/t gold in MBA004, and 45\nmeters at 1.4 g/t gold in MBA003, among others.\n \n \n These findings highlight the significant\ngold mineralization potential in the Maria Bonita discovery area. In\ntotal, 47 auger holes were completed, covering an aggregate distance\nof 430 meters.\n \n \n Among the samples\nobtained, 83% of the total holes drilled exhibited gold mineralization\nexceeding 0.5 g/t gold.\n \n \n The company\nis now planning a second-stage diamond drill program aimed at\nexploring the lateral and vertical extents of the mineralized\nintrusive body. Additionally, further auger drilling will be conducted\nto define the limits of the mineralized system, which, importantly,\nremains open in multiple directions and at depth.\n \n \n Altamira Gold's ongoing exploration\nendeavors and the promising results obtained so far reflect its\ncommitment to advancing the Cajueiro gold project and unlocking its\nfull potential as a valuable gold asset. The company's strategic\nfocus on exploration and resource expansion positions it well to\ncapitalize on the continued growth in the gold sector.\n \n \n \n Contact Details\n \n \n \n Proactive Canada\n \n \n +1\n604-688-8158\n \n \n \n [email protected]\n \n \n \n Copyright (c) 2023 TheNewswire - All rights reserved.\n \n \n","length":2648,"tagName":"div"}]

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