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Altamira Gold Receives Environmental Permit for Two Trial Mining Licences Within the Central Mineral Resource Area of the Cajueiro District, Brazil
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2025) - Altamira Gold Corp. (TSXV: ...
About this update from Altamira Gold Corp
[{"type":"text","content":"Altamira Gold Receives Environmental Permit for Two Trial Mining Licences Within the Central Mineral Resource Area of the Cajueiro District, BrazilVancouver, British Columbia--(Newsfile Corp. - September 24, 2025) - Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTCQB: EQTRF), (\"Altamira\" or the \"Company\") is pleased to announce that it has received an Environmental Installation License (Licença de Instalação, \"LI\") for trial mining with respect to permits 850.224/2009 and 866.464/2017 from the Pará State Secretariat of Environment, Climate and Sustainability (SEMAS/PA) for its Cajueiro Project, Pará State, Brazil.Highlights:The environmental process LI No 3651/2025 within permits 850.224/2009 and 866.464/2017, was published on September 22, 2025, and is valid for two years until September 22, 2027. This permit covers the northern part of the Central Resource Area (figures 2 and 3).This license permits the Company to construct a plant which would initially process up to 100,000 tonnes of material per year across two mineral rights. The Baldo and Matrincha targets, both located within the current mineral resource in the Central area, are potential sources of feed to a trial mining operation.Trial mining could potentially generate near-term cash flow, provide greater insight into the structural controls on gold mineralization, and help refine the understanding of the deposit through processing and reconciliation of mined material.CEO Mike Bennett commented; \"Receiving the Environmental Installation Permit for the Cajueiro Project is an important milestone for the Company. While no decision has been made to proceed with trial mining, the permit creates a pathway to such activities in the future. Trial mining could potentially provide near-term cash flow, generate valuable geological information, and improve our understanding of the gold mineralization at the Cajueiro Central deposit. We believe this could help identify additional gold-bearing structures and further demonstrate the long-term potential of the project.\"CAJUEIRO PROJECTThe Cajueiro project is located approximately 75km NW of the town of Alta Floresta in the state of Mato Grosso (Figure 1) in central western Brazil. The project is easily accessible by road, lies on open farmland and has grid power and a local water supply. Cajueiro is the...