Altamira Gold Drills 134m @ 0.5 g/t Gold and Trenches 114m @ 0.7 g/t Gold at the Maria Bonita Gold Deposit, Cajueiro Gold District, Brazil

Original announcement by orestocks on

Company
Altamira Gold Corp.
Ticker
ALTA.V
Exchange
Unavailable
Region
Mato Grosso, Brazil
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-10-08 12:55:18 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Altamira Gold reported new drill and trench results at the Maria Bonita deposit in Brazil, including a 134m @ 0.5 g/t gold interval in hole MBA045. Trench TCMBA05 returned 114m @ 0.7 g/t gold including a 36m @ 1.3 g/t gold high-grade zone.

Reasoning: New drill and trench results confirm mineralization within the existing resource footprint and suggest potential for expansion/higher grade near-surface, though grades remain moderate.

Positive factors

  • Wide mineralized intervals in MBA045
  • High-grade trench results (1.3 g/t Au)
  • Mineralization open at depth
  • Results lie within optimized pit footprint

Negative factors

  • Grades are relatively low (0.3-0.7 g/t Au) compared to global porphyry averages

Facts used in scoring: 6

Classification and evidence

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions insertion of field duplicates, certified reference materials, and blank samples.

Evidence · text

“includes the insertion of field duplicates, independent certified reference materials and blank samples”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: CEO mentions potential for future infill drilling to enhance resources.

Evidence · text

“indicating the potential to further enhance the existing gold resources through future infill drilling”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

MBA045Maria Bonita West · goldGrade: 0.4Grade Unit: g/tIntercept: 87 mView all details
Link to this fact

Identity

Hole ID
MBA045
Project
Maria Bonita West
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
ALTA.V

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
87 m
From
0 m
To
87 m
Intercept Depth
0 m

Classification

Program
resource
Sample Type
drill
Group ID
MBA045:0-87

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: 87m @ 0.4 g/t Au is a broad near-surface interval.

Positive factors

  • Broad interval from surface

Negative factors

  • Low grade

Evidence · text

“87m @ 0.4g/t gold from surface”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

MBA045Maria Bonita West · goldGrade: 0.3Grade Unit: g/tIntercept: 52 mView all details
Link to this fact

Identity

Hole ID
MBA045
Project
Maria Bonita West
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
ALTA.V

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
52 m
From
155 m
To
207 m
Intercept Depth
155 m

Classification

Program
resource
Sample Type
drill
Group ID
MBA045:155-207

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: 52m @ 0.3 g/t Au is a moderate grade interval.

Negative factors

  • Low grade

Evidence · text

“52m @ 0.3g/t gold from 155m downhole”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

MBA045Maria Bonita West · goldGrade: 0.5Grade Unit: g/tIntercept: 134 mView all details
Link to this fact

Identity

Hole ID
MBA045
Project
Maria Bonita West
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
ALTA.V

Geometry

Grade
0.5
Grade Unit
g/t
Intercept
134 m
From
215 m
To
349 m
Hole Depth
349 m
Intercept Depth
215 m

Classification

Program
resource
Sample Type
drill
Group ID
MBA045:215-349

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: 134m @ 0.5 g/t Au is a significant wide interval at depth.

Positive factors

  • Wide interval
  • Open at depth

Evidence · text

“134m @ 0.5g/t gold from 215m to the bottom of the hole at 349m”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TCMBA05Maria Bonita · goldGrade: 0.7Grade Unit: g/tIntercept: 114 mView all details
Link to this fact

Identity

Hole ID
TCMBA05
Project
Maria Bonita
Commodity
gold
Region
brazil
Reported Region
Mato Grosso, Brazil
Ticker
ALTA.V

Geometry

Grade
0.7
Grade Unit
g/t
Intercept
114 m

Classification

Program
resource
Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: 114m @ 0.7 g/t Au trench result shows near-surface potential.

Positive factors

  • Higher grade than drill results

Evidence · text

“114m @ 0.7g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

TCMBA05Maria Bonita · goldGrade: 1.3Grade Unit: g/tIntercept: 36 mView all details
Link to this fact

Identity

Hole ID
TCMBA05
Project
Maria Bonita
Commodity
gold
Region
brazil
Reported Region
Mato Grosso, Brazil
Ticker
ALTA.V

Geometry

Grade
1.3
Grade Unit
g/t
Intercept
36 m

Classification

Program
resource
Sample Type
channel

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: 36m @ 1.3 g/t Au is a strong high-grade intercept within the trench.

Positive factors

  • High grade sub-interval

Evidence · text

“36m @ 1.3g/t gold”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

MBA044Maria Bonita West · goldGrade: 0.3Grade Unit: g/tIntercept: 7.2 mView all details
Link to this fact

Identity

Hole ID
MBA044
Project
Maria Bonita West
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
ALTA.V

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
7.2 m

Classification

Program
resource
Sample Type
drill

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: 7.2m @ 0.3 g/t Au is a weak intercept below cut-off.

Negative factors

  • Weak grade

Evidence · text

“7.2m @ 0.3 g/t gold”

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

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.