# Altamira Gold Intersects High Grade Gold Mineralization within the Cajueiro Mineral Resource and Commences Drilling at the Untested Mombaque and Guillermo Porphyry Targets, Brazil

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine--bf7c63af-0d23-4fb6-900a-11196c7ced9a

Original source: https://money.tmx.com/en/quote/ALTA/news/6249490273886470/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine

Publisher: tmx

Original announcement: 2026-01-28T12:30:00.000Z

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 02:49:26 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Altamira Gold has reported high-grade gold drill results from the Cajueiro Central project in Brazil, including a 0.7m @ 19.0 g/t Au intercept that extends the known mineralized zone. The company is also commencing drilling at two previously untested porphyry targets, Mombaque and Guillermo.

Reasoning: The release reports high-grade gold intercepts \(up to 19.0 g/t\) that extend the known resource and announces the commencement of drilling at new porphyry targets.

- Positive factor: High-grade gold intercepts reported

- Positive factor: Mineralization confirmed extending beyond existing resource boundaries

- Positive factor: New untested porphyry targets being drill tested

Facts used in scoring: 9

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 0.7m @ 19.0 g/t gold is exceptionally high grade for the deposit type.

Evidence · text

> 0.7m @ 19.0g/t gold , representing the highest-grade primary intercept reported to date

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: Release details laboratory \(SGS Geosol\), assay methods \(50g fire assay, ICP\), and QC protocols \(blanks, standards, duplicates\).

Evidence · text

> For all drilling, half core is submitted to SGS Geosol... Quality control of drillhole assays follows normal industry procedures of inserting control samples randomly

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Hole CJO 114 was drilled outside the current resource and confirmed mineralization extension.

Evidence · text

> Hole CJO 114, drilled outside the current resource... confirming that mineralization extends beyond the existing resource boundaries.

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource estimate includes a significant Inferred component.

Evidence · text

> 12.66Mt @ 1.26 g/t gold for a total of 515,000 oz in the Inferred Resource category

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (9)

### CJO 114

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine--bf7c63af-0d23-4fb6-900a-11196c7ced9a#fact-drill-facts-0)

Cajueiro Central · gold

#### Identity

- Hole ID: CJO 114
- Project: Cajueiro Central
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 1.02
- Grade Unit: g/t
- Intercept: 7.5 m
- From: 1.9 m
- To: 8.9 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: CJO 114:1.9-8.9
- 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: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-28T00:00:00.000Z

Reasoning: Intercept confirms mineralization extends beyond the current resource boundary.

- Positive factor: Extends mineralization beyond existing resource boundaries

Evidence · text

> Hole CJO 114, drilled outside the current resource, returned 7.5m @ 1.02g/t gold from 1.9m depth

### CJO 114

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine--bf7c63af-0d23-4fb6-900a-11196c7ced9a#fact-drill-facts-1)

Cajueiro Central · gold

#### Identity

- Hole ID: CJO 114
- Project: Cajueiro Central
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 1.46
- Grade Unit: g/t
- Intercept: 5 m
- From: 112 m
- To: 117 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: CJO 114:112.0-117.0
- 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: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-28T00:00:00.000Z

Reasoning: Standard intercept confirming extension.

Evidence · text

> 5m @ 1.46g/t gold from 112m depth

### CJO 117

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine--bf7c63af-0d23-4fb6-900a-11196c7ced9a#fact-drill-facts-2)

Cajueiro Central · gold

#### Identity

- Hole ID: CJO 117
- Project: Cajueiro Central
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 6.1
- Grade Unit: g/t
- Intercept: 2.3 m
- From: 34 m
- To: 36.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: CJO 117:34.0-36.3
- 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: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-28T00:00:00.000Z

Reasoning: Strong grade intercept within the resource.

- Positive factor: High grade intercept

- Negative factor: Narrow width

Evidence · text

> returned intercepts of 2.3m @ 6.1g/t gold from 34m

### CJO 117

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine--bf7c63af-0d23-4fb6-900a-11196c7ced9a#fact-drill-facts-3)

Cajueiro Central · gold

#### Identity

- Hole ID: CJO 117
- Project: Cajueiro Central
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 1.7
- Grade Unit: g/t
- Intercept: 2.9 m
- From: 78 m
- To: 80.9 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: CJO 117:78.0-80.9
- 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: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-28T00:00:00.000Z

Reasoning: Standard intercept.

Evidence · text

> 2.9m @ 1.7 g/t from 78m depth

### CJO 117

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine--bf7c63af-0d23-4fb6-900a-11196c7ced9a#fact-drill-facts-4)

Cajueiro Central · gold

#### Identity

- Hole ID: CJO 117
- Project: Cajueiro Central
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 19
- Grade Unit: g/t
- Intercept: 0.7 m
- From: 34.9 m
- To: 35.6 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: CJO 117:34.9-35.6
- 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: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-28T00:00:00.000Z

Reasoning: Highest-grade primary intercept reported to date in the Baldo sector.

- Positive factor: Bonanza Intercept

Evidence · text

> 0.7m @ 19.0g/t gold , representing the highest-grade primary intercept reported to date

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine--bf7c63af-0d23-4fb6-900a-11196c7ced9a#fact-drill-facts-5)

Cajueiro Central · gold

#### Identity

- Project: Cajueiro Central
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 1.02
- Grade Unit: g/t

#### Compositing

- Cutoff Grade: 0.25
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-28T00:00:00.000Z

Reasoning: Existing resource component.

Evidence · text

> Cajueiro Central area has a current open pit resource 1 of 5.66Mt @ 1.02 g/t gold for a total of 185,000 oz in the Indicated Resource category

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine--bf7c63af-0d23-4fb6-900a-11196c7ced9a#fact-drill-facts-6)

Cajueiro Central · gold

#### Identity

- Project: Cajueiro Central
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 1.26
- Grade Unit: g/t

#### Compositing

- Cutoff Grade: 0.25
- Cutoff Unit: g/t

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-01-28T00:00:00.000Z

Reasoning: Speculative category.

- Negative factor: Inferred Resource

Evidence · text

> 12.66Mt @ 1.26 g/t gold for a total of 515,000 oz in the Inferred Resource category

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine--bf7c63af-0d23-4fb6-900a-11196c7ced9a#fact-drill-facts-7)

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: 2026-01-28T00:00:00.000Z

Reasoning: Existing resource component.

Evidence · text

> Maria Bonita open-pit resource consists of Indicated Resources of 24.19Mt @ 0.46g/t gold \(for a total of 357,800oz\)

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-the-cajueiro-mine--bf7c63af-0d23-4fb6-900a-11196c7ced9a#fact-drill-facts-8)

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: 2026-01-28T00:00:00.000Z

Reasoning: Speculative category.

- Negative factor: Inferred Resource

Evidence · text

> and Inferred Resources of 25.64Mt @ 0.44g/t gold \(for a total of 362,400oz\)

## 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.
