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Altamira Gold Intersects 395.5m @ 0.4 g/t gold in First Deep Drill Hole at Maria Bonita, Expanding Mineralized System, Cajueiro District, Brazil
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Altamira Gold Corp. (TSXV: AL...
About this update from Altamira Gold Corp
[{"type":"text","content":"Altamira Gold Intersects 395.5m @ 0.4 g/t gold in First Deep Drill Hole at Maria Bonita, Expanding Mineralized System, Cajueiro District, BrazilVancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCQB: EQTRF) (\"Altamira\" or the \"Company\") is pleased to report assay results from drill hole MBA032, the first deep drill hole below the Maria Bonita porphyry gold mineral resource, which forms part of the Cajueiro district and where ongoing drilling is directed at enlarging the mineral resource footprint and defining its depth extent.Highlights:Drill hole MBA032 at Maria Bonita returned 395.5m @ 0.4g/t gold from 44.5m depth in quartz porphyry intrusive rocks MBA032 was located 50m to the south of MBA029 which previously intersected 213m @ 0.8 g/t gold including 146m @ 1.0 g/t gold and significantly extends the size of the mineralized porphyry system, particularly at depthGold values returned from MBA032 are remarkably continuous with only three 1 meter samples exceeding 2g/t gold in the pervasively mineralized interval The higher grade core to the Maria Bonita gold deposit, which is interpreted to plunge to the south-east will be targeted by drill hole MBA033 and further deep drill holes during this drill campaign CEO Mike Bennett commented; \"The first deep drill hole at Maria Bonita has demonstrated that the quartz porphyry intrusion is mineralized throughout. Results from MBA032 indicate that the mineralized system is considerably larger than previously thought, which has important implications for growing the resource base. The very consistent grade of the quartz porphyry at Maria Bonita, together with indications of a higher-grade core averaging plus 1g/t gold, and the significant size of the mineralized system, all suggest the possibility of a considerably larger mineralized system than previously envisaged. Additional drilling is currently in progress aimed at further defining the down-plunge extension of the higher-grade core to the deposit that sub-crops in the area of the initial drilling and was intersected by drill hole MBA029 which returned 146m @ 1g/t Au from 23m depth. This zone is interpreted to plunge to the southeast and remains open.\" CAJUEIRO DISTRICTThe Cajueiro district is located approximately 75km NW of the town of Alta Floresta in the stat...