Business
Altamira Gold Intersects Gold Mineralization Within a New Porphyry Body at Tavares Norte Target, Cajueiro District, Brazil
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2025) - Altamira Gold Corp. (TSXV: AL...
About this update from Altamira Gold Corp
[{"type":"text","content":"Altamira Gold Intersects Gold Mineralization Within a New Porphyry Body at Tavares Norte Target, Cajueiro District, BrazilVancouver, British Columbia--(Newsfile Corp. - October 29, 2025) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCQB: EQTRF) (\"Altamira\" or the \"Company\"), is pleased to report assay results from initial reconnaissance drilling at the Tavares Norte target, located within the Company's Cajueiro District area, Brazil. Highlights:Initial reconnaissance drilling at the Tavares Norte target, located 5.5km east of the Maria Bonita gold deposit, indicates the presence of a second mineralized porphyry body, which is geologically and geochemically very similar to the porphyry body that hosts the Maria Bonita mineral resource.Drill results from the two initial reconnaissance holes at Tavares Norte include intervals of 18.6m @ 0.4 g/t gold from 36m depth and 20m @ 0.3 g/t gold from 133m depth in TVN002 within a broader zone of 161.7 metres of lower grade gold mineralization.Further drilling will target the area to the east of drill hole TVN 002, where the gold-in-soil anomaly is increasing in strength. Altered and veined quartz porphyry rocks have also been logged in initial drilling at the Morro Verde target, 1.5 km east of Tavares Norte where results are pending.Drilling at the Maria Bonita gold deposit is ongoing. Drill hole MBA033 was completed to a depth of 497 meters and samples are being prepared for assay. Drill hole MBA034, collared 100m south of hole MBA033 is now in progress. CEO Mike Bennett commented; \"The results from the initial reconnaissance drilling at the Tavares Norte target are highly encouraging as they demonstrate the presence of a second gold mineralized porphyry body within the Cajueiro district. The geological and geochemical similarities to the Maria Bonita porphyry, together with the presence of strong alteration and sulfide mineralization, validates our model for the prospectivity of the east-west corridor extending through Maria Bonita. The Maria Bonita gold porphyry deposit is not unique within the Cajueiro district and we intend to focus additional drilling at Tavares Norte to better define the size of the porphyry body now identified there. Concurrently, ongoing drilling at Maria Bonita continues to intersect mineralized porphyry adjacent to and below the previously estimated...