Altamira Gold Drills 130m @ 0.5g/t Gold in Step-Out Hole 110m North of the Maria Bonita Mineral Resource, Within the Cajueiro District, Brazil
Original announcement by tmx on
- Company
- Altamira Gold Corp.
- Ticker
- ALTA
- Exchange
- TSX
- Region
- Mato Grosso, Brazil
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-08-20 22:55:39 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Altamira Gold reported successful step-out drilling at the Maria Bonita project in Brazil, with hole MBA037 intersecting 130m at 0.5 g/t gold. The results extend the known mineralized zone 110m north of the current resource boundary, suggesting the deposit remains open in multiple directions.
Reasoning: The drill hole MBA037 successfully extended the known Maria Bonita mineralized footprint 110m to the north with consistent gold grades in a porphyry-style system.
Positive factors
- Step-out extension of known mineralization
- Wide mineralized intervals
- Consistent mineralization style with core resource
Facts used in scoring: 3
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Hole MBA037 is located 110m north of the edge of the current Maria Bonita mineral resource.
Evidence · text
“located 110m north of the edge of the current Maria Bonita mineral resource”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release details laboratory (SGS Geosol), methods (blanks, standards, duplicates), and QP supervision.
Evidence · text
“Quality control of drill hole assays follows normal industry procedures of inserting control samples randomly”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
MBA037Maria Bonita · goldGrade: 0.7Grade Unit: g/tIntercept: 9 mView all detailsHide details
Identity
- Hole ID
- MBA037
- Project
- Maria Bonita
- Commodity
- gold
- Region
- brazil
- Reported Region
- Mato Grosso, Brazil
- Ticker
- ALTA
Geometry
- Grade
- 0.7
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 39 m
- To
- 48 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MBA037:39-48
- Mining Method
- open_pit
Location
- Azimuth
- 340 °
- Dip
- -55 °
QA/QC
- Laboratory
- SGS Geosol
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- duplicates, standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-20T00:00:00.000Z
Reasoning: A moderate grade intercept of 0.7 g/t Au over 9m.
Evidence · text
“MBA037 returned 9m @ 0.7 g/t gold from 39m”
MBA037Maria Bonita · goldGrade: 0.5Grade Unit: g/tIntercept: 130 mView all detailsHide details
Identity
- Hole ID
- MBA037
- Project
- Maria Bonita
- Commodity
- gold
- Region
- brazil
- Reported Region
- Mato Grosso, Brazil
- Ticker
- ALTA
Geometry
- Grade
- 0.5
- Grade Unit
- g/t
- Intercept
- 130 m
- From
- 97 m
- To
- 227 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MBA037:97-227
- Mining Method
- open_pit
Location
- Azimuth
- 340 °
- Dip
- -55 °
QA/QC
- Laboratory
- SGS Geosol
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- duplicates, standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-20T00:00:00.000Z
Reasoning: A significant wide interval of 130m at 0.5 g/t gold extending the resource footprint.
Positive factors
- Wide interval
Evidence · text
“130m @ 0.5g/t gold from 97m downhole”
MBA037Maria Bonita · goldGrade: 0.8Grade Unit: g/tIntercept: 40 mView all detailsHide details
Identity
- Hole ID
- MBA037
- Project
- Maria Bonita
- Commodity
- gold
- Region
- brazil
- Reported Region
- Mato Grosso, Brazil
- Ticker
- ALTA
Geometry
- Grade
- 0.8
- Grade Unit
- g/t
- Intercept
- 40 m
- From
- 100 m
- To
- 140 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- MBA037:100-140
- Mining Method
- open_pit
Location
- Azimuth
- 340 °
- Dip
- -55 °
QA/QC
- Laboratory
- SGS Geosol
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- duplicates, standards, blanks
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-20T00:00:00.000Z
Reasoning: Higher grade sub-interval within the larger 130m intercept.
Evidence · text
“includes 40m @ 0.8g/t gold from 100m down hole depth”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.