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Altamira Gold Intersects High Grade Gold Mineralization in the First Drill Hole at the Guillermo Target and Extends Maria Bonita Mineralization at Depth, Cajueiro District, Brazil
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2026) - Altamira Gold Corp. (TSXV: ALTA...
About this update from Altamira Gold Corp
[{"type":"text","content":"Altamira Gold Intersects High Grade Gold Mineralization in the First Drill Hole at the Guillermo Target and Extends Maria Bonita Mineralization at Depth, Cajueiro District, BrazilVancouver, British Columbia--(Newsfile Corp. - March 18, 2026) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCQB: EQTRF), (\"Altamira\" or the \"Company\") is pleased to report assay results from initial diamond drilling at the Guillermo target and to provide an update on ongoing exploration activities at the Maria Bonita mineral resource within its Cajueiro District, Brazil.Highlights:Initial scout drilling at the Guillermo target intersected 7 metres @ 4.2g/t gold from 111m in drill hole GLO-01, including an interval of 0.9m @ 18.1g/t gold from vein structures within sericite altered porphyritic intrusives.The mineralized section of GLO-01 can be correlated with 9 metres @ 0.4 g/t gold sampled in trench TCGIO006 (Figure 4).Diamond drilling continues at the Maria Bonita mineral resource and hole MBA034 returned 75 metres @ 0.3 gm/t gold and 33.5 metres @ 0.4 gm/t gold, with both mineralized sections below the pit boundary of the resource model previously reported under NI43-101 in June 2025.Consultant Dr Richard Sillitoe is presently on site at the Cajueiro Project, reviewing the drilling carried out since August 2025 on the Maria Bonita, Guillermo, Morro Verde, Tavares Norte and Central area targets within the Cajueiro district.CEO Mike Bennett commented; \"Our first drill hole at the Guillermo target has delivered an exciting result. This target, located 2km to the northeast of the Cajueiro Central mineral resource, is one of several within an east-west corridor extending over 8km. Three of these prospects outside our mineral resources, have now delivered positive gold intercepts in scout drilling (Tavares Norte, Morro Verde and, more recently, Guillermo). The current results continue to demonstrate the potential of the district to increase our resource base in the short term. Drill hole MBA-034 at Maria Bonita confirms that gold mineralization continues at depth and further drilling will target newly defined zones where we believe that there is potential to discover additional mineralized gold bearing porphyry bodies outside the current mineral resource footprint.\"CAJUEIRO DISTRICTThe Cajueiro district is located approximately 75km NW of the to...