# Altamira Gold Mobilizes Second Diamond Drill Rig to the Cajueiro Gold District, Brazil

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/altamira-gold-mobilizes-second-diamond-drill-rig-to-the-cajueiro-gold-district-b--729232c1-2075-421e-8bf8-2060325b8376

Original source: https://money.tmx.com/en/quote/ALTA/news/5177093861051312/altamira-gold-mobilizes-second-diamond-drill-rig-to-the-cajueiro-gold-district-b

Publisher: tmx

Original announcement: 2025-11-03T12:30:00.000Z

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 04:47:58 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Altamira Gold has mobilized a second diamond drill rig to the Cajueiro gold district in Brazil to accelerate resource expansion and test new porphyry targets. The company is currently drilling at the Maria Bonita resource and the Central resource area.

Reasoning: The mobilization of a second drill rig increases the company's ability to expand existing resources and test new targets, representing a significant operational step forward.

- Positive factor: increased drilling capacity

- Positive factor: expansion of known resources

- Positive factor: testing of new porphyry targets

Facts used in scoring: 7

## Classification and evidence

**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 mentions gold analysis by SGS using fire assay and monitoring by certified references and blanks.

Evidence · text

> Gold analysis has been conducted by SGS method FAA505... Analytical quality is monitored by certified references and blanks.

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: Resources are reported under NI 43-101 standards.

Evidence · text

> expanding the known Indicated and Inferred resources \(reported under NI 43-101 1 \)

## Extracted facts

Stored fact records: 7. Some facts used in scoring do not have a stored record.

## Drill Results (7)

### MBA032

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-mobilizes-second-diamond-drill-rig-to-the-cajueiro-gold-district-b--729232c1-2075-421e-8bf8-2060325b8376#fact-drill-facts-0)

Maria Bonita · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MBA032
- Project: Maria Bonita
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 0.4
- Grade Unit: g/t
- Intercept: 395.5 m
- From: 44.5 m
- To: 440 m
- Hole Depth: 546 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-10-15T00:00:00.000Z

#### Dates

- Event date: 2025-11-03T00:00:00.000Z

Reasoning: Historical intercept restated from previous release.

Evidence · text

> MBA032, was completed to a depth of 546 metres and returned 395.5m @ 0.4 g/t gold from 44.5m depth

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-mobilizes-second-diamond-drill-rig-to-the-cajueiro-gold-district-b--729232c1-2075-421e-8bf8-2060325b8376#fact-drill-facts-1)

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: 2025-11-03T00:00:00.000Z

Reasoning: Existing indicated resource for Cajueiro Central.

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 3

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-mobilizes-second-diamond-drill-rig-to-the-cajueiro-gold-district-b--729232c1-2075-421e-8bf8-2060325b8376#fact-drill-facts-2)

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: 2025-11-03T00:00:00.000Z

Reasoning: Existing inferred resource for Cajueiro Central.

Evidence · text

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

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-mobilizes-second-diamond-drill-rig-to-the-cajueiro-gold-district-b--729232c1-2075-421e-8bf8-2060325b8376#fact-drill-facts-3)

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: 2025-11-03T00:00:00.000Z

Reasoning: Existing indicated resource for Maria Bonita.

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 5

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-mobilizes-second-diamond-drill-rig-to-the-cajueiro-gold-district-b--729232c1-2075-421e-8bf8-2060325b8376#fact-drill-facts-4)

Maria Bonita · gold

#### Identity

- Project: Maria Bonita
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 0.44
- 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: 2025-11-03T00:00:00.000Z

Reasoning: Existing inferred resource for Maria Bonita.

Evidence · text

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

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-mobilizes-second-diamond-drill-rig-to-the-cajueiro-gold-district-b--729232c1-2075-421e-8bf8-2060325b8376#fact-drill-facts-5)

Maria Bonita · gold

#### Identity

- Project: Maria Bonita
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 0.59
- Grade Unit: g/t

#### Review

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

#### Dates

- Event date: 2025-11-03T00:00:00.000Z

Reasoning: Saprolite indicated resource component of Maria Bonita.

Evidence · text

> These resources include near-surface saprolite Indicated Resources of 2.02Mt @ 0.59g/t gold \(38,000oz\)

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/altamira-gold-mobilizes-second-diamond-drill-rig-to-the-cajueiro-gold-district-b--729232c1-2075-421e-8bf8-2060325b8376#fact-drill-facts-6)

Maria Bonita · gold

#### Identity

- Project: Maria Bonita
- Commodity: gold
- Region: brazil
- Reported Region: Mato Grosso, Brazil
- Ticker: ALTA

#### Geometry

- Grade: 0.4
- Grade Unit: g/t

#### Review

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

#### Dates

- Event date: 2025-11-03T00:00:00.000Z

Reasoning: Saprolite inferred resource component of Maria Bonita.

Evidence · text

> and Inferred Resources of 0.68Mt @ 0.40g/t gold \(8,700oz\)

## 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.