# 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 Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--841d6c37-e7cc-42fc-85b7-b5eef6a42780 Original source: https://money.tmx.com/en/quote/ALTA/news/8255335214161084/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole- Publisher: tmx Original announcement: 2026-03-18T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Altamira Gold Corp. - Ticker: ALTA - Exchange: TSX - Region: Mato Grosso, Brazil - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-08-21 00:58:15 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Altamira Gold reported high-grade gold intercepts at the new Guillermo target, including 0.9m @ 18.1 g/t Au. Additionally, drilling at the Maria Bonita resource confirmed mineralization continues at depth, extending the known system. Reasoning: The announcement reports significant high-grade gold intercepts at a new target \(Guillermo\) and confirms depth continuity at an existing resource \(Maria Bonita\), demonstrating district-scale potential. - Positive factor: High-grade gold intercept at new Guillermo target - Positive factor: Extension of Maria Bonita mineralization at depth - Positive factor: Multiple exploration targets showing positive results - Negative factor: True width of Guillermo intercept not yet known Facts used in scoring: 6 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Drill hole MBA-034 extended known mineralization more than 100m below previously tested depth. Evidence · text > Drill hole MBA-034 extended the known gold mineralization more than 100 metres below the previously tested depth ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### GLO-01 [Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--841d6c37-e7cc-42fc-85b7-b5eef6a42780#fact-drill-facts-0) Guillermo · gold #### Identity - Hole ID: GLO-01 - Project: Guillermo - Commodity: gold - Region: brazil - Reported Region: Mato Grosso, Brazil - Ticker: ALTA #### Geometry - Grade: 4.2 - Grade Unit: g/t - Intercept: 7 m - From: 111 m - To: 118 m #### Classification - Program: exploration - Sample Type: drill - Mining Method: unknown #### QA/QC - Laboratory: SGS Geosol - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates, blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: 4.2 g/t over 7m is a strong exploration intercept. - Positive factor: Strong grade for exploration target - Negative factor: Apparent width only Evidence · text > 7 metres @ 4.2g/t gold from 111m in drill hole GLO-01 #### Rejected tags **Apparent Width Only** — Rejected; excluded from scoring Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Reason: The true width of the mineralized interval in the drill hole is not currently known. Evidence · text > the true width of the mineralized interval in the drill hole is not currently known **QA/QC Disclosed** — Rejected; excluded from scoring Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Reason: Release mentions SGS Geosol, fire assay, and use of blanks, standards, and duplicates. Evidence · text > For all drilling, half core is submitted to SGS Geosol... inserting control samples randomly into the submitted batch, comprising field duplicates, independent reference samples and 'blank' samples. ### GLO-01 [Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--841d6c37-e7cc-42fc-85b7-b5eef6a42780#fact-drill-facts-1) Guillermo · gold #### Identity - Hole ID: GLO-01 - Project: Guillermo - Commodity: gold - Region: brazil - Reported Region: Mato Grosso, Brazil - Ticker: ALTA #### Geometry - Grade: 18.1 - Grade Unit: g/t - Intercept: 0.9 m - From: 117.1 m - To: 118 m #### Classification - Program: exploration - Sample Type: drill - Mining Method: unknown #### QA/QC - Laboratory: SGS Geosol - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates, blanks, standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: 18.1 g/t is an exceptionally high grade for this deposit type. - Positive factor: Bonanza grade intercept Evidence · text > 0.9m @ 18.1g/t gold from 117.1m #### Rejected tags **Bonanza Intercept** — Rejected; excluded from scoring Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Reason: 18.1 g/t gold is exceptionally high grade. Evidence · text > 0.9m @ 18.1g/t gold ### MBA-034 [Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--841d6c37-e7cc-42fc-85b7-b5eef6a42780#fact-drill-facts-2) Maria Bonita · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MBA-034 - Project: Maria Bonita - Commodity: gold - Region: brazil - Reported Region: Mato Grosso, Brazil - Ticker: ALTA #### Geometry - Grade: 0.3 - Grade Unit: g/t - Intercept: 75 m #### Classification - Program: resource - Sample Type: drill - Mining Method: open\_pit #### QA/QC - Laboratory: SGS Geosol - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates, blanks, standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: Confirms depth continuity but grade is near the cut-off. - Positive factor: Confirms mineralization at depth - Negative factor: Low grade Evidence · text > hole MBA034 returned 75 metres @ 0.3 gm/t gold ### MBA-034 [Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--841d6c37-e7cc-42fc-85b7-b5eef6a42780#fact-drill-facts-3) Maria Bonita · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MBA-034 - Project: Maria Bonita - Commodity: gold - Region: brazil - Reported Region: Mato Grosso, Brazil - Ticker: ALTA #### Geometry - Grade: 0.4 - Grade Unit: g/t - Intercept: 33.5 m #### Classification - Program: resource - Sample Type: drill - Mining Method: open\_pit #### QA/QC - Laboratory: SGS Geosol - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes - QA/QC Methods: duplicates, blanks, standards #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: Sub-interval confirms depth continuity. - Positive factor: Confirms mineralization at depth Evidence · text > 33.5 metres @ 0.4 gm/t gold ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--841d6c37-e7cc-42fc-85b7-b5eef6a42780#fact-drill-facts-4) Maria Bonita · gold #### Identity - Project: Maria Bonita - Commodity: gold - Region: brazil - Reported Region: Mato Grosso, Brazil - Ticker: ALTA #### Geometry - Grade: 0.46 - Grade Unit: g/t #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: g/t #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: Existing resource component. Evidence · text > Maria Bonita open-pit resource consists of Indicated Resources of 24.19Mt @ 0.46g/t gold \(357,800oz\) #### Rejected tags **Indicated Resource** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Reason: Explicitly stated as Indicated Resource. Evidence · text > Indicated Resources of 24.19Mt @ 0.46g/t gold **NI 43-101 Compliant** — Rejected; excluded from scoring Polarity: positive Story-specific tag Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Reason: Resource reported under NI 43-101. Evidence · text > reported under NI43-101 in June 2025 ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--841d6c37-e7cc-42fc-85b7-b5eef6a42780#fact-drill-facts-5) Maria Bonita · gold #### Identity - Project: Maria Bonita - Commodity: gold - Region: brazil - Reported Region: Mato Grosso, Brazil - Ticker: ALTA #### Geometry - Grade: 0.44 - Grade Unit: g/t #### Compositing - Cutoff Grade: 0.2 - Cutoff Unit: g/t #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: Existing resource component. Evidence · text > Inferred Resources of 25.64Mt @ 0.44g/t gold \(362,400oz\) #### Rejected tags **Inferred Resource** — Rejected; excluded from scoring Polarity: negative Story-specific tag Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Reason: Explicitly stated as Inferred Resource. Evidence · text > Inferred Resources of 25.64Mt @ 0.44g/t gold ## 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.