Business

Altamira Gold says it has 'drill-ready' options following encouraging results from Santa Helena

(NewsDirect) Altamira Gold Corp CEO Michael Bennett joined Proactive's Stephen Gunnion wi...

Altamira Gold CorpAugust 11, 20235
Altamira Gold says it has 'drill-ready' options following encouraging results from Santa Helena

About this update from Altamira Gold Corp

(NewsDirect) Altamira Gold Corp CEO Michael Bennett joined Proactive's Stephen Gunnion with an update on the exploration program for copper and gold at the company's Santa Helena project in Brazil in Mato Grosso State. Bennett said exploration results have confirmed the coincidence of anomalous geochemical and geophysical responses at all three new areas surveyed using ground magnetics and add to the compelling target previously identified in Area 1. Altamira now has an impressive inventory of "drill-ready" options to test for porphyry-style copper mineralization, he added. The regional structural location, and widespread association with large-scale alteration features, consistent with porphyry-style intrusive systems are very encouraging at this stage of exploration, Bennett said in a statement. The design of a scout drilling programme is underway. "We continue to advance our copper exploration activities in parallel with our main focus at the Maria Bonita gold discovery," he said. Bennett also provided an update on ongoing exploration at the company's main Cajueiro gold project. Contact Details Proactive Canada +1 604-688-8158 [email protected] Copyright (c) 2023 TheNewswire - All rights reserved.

View stock analysis, news, and events for Altamira Gold Corp

More from Altamira Gold Corp

All Altamira Gold Corp news →