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Altamira Gold Corp.
Summary
| Project: | Cajueiro | |
|---|---|---|
| Deposit: | Baldo East, Toninho | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 11/1/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-11-2017: Altamira Gold Corp. announces an Exploration/Drilling Update report for its Baldo East, Toninho deposit at the Cajueiro project. Drilling results incl. 3.6m @ 4.13g/t Au from 39.6m. November 1, 2017 – Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP | |
| Resources: | (Resource): 8.64Mt @ 0.78g/t Au for 214Koz Au (Ind.), 9.53Mt @ 0.66g/t Au for 204Koz (Inf.) | |
| CP/QP: | [Overall Report]: Guillermo Hughes (Internal) | |
| ABSTRACT: | November 1, 2017 – Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (USA: EQTRF), (“Altamira” or the “Company”) is pleased to provide additional results from the recent completed drilling and ongoing trenching programs at the Baldo East and Toninho targets at the Cajueiro project located in western Brazil. Highlights are as follows; Trenching at the Baldo East zone, and specifically the completion of trench TCBL-23 has extended the Baldo East zone an additional 150m to the west bringing the total strike length to in excess of 600m. TCBL-23 was completed 130m west of trench TCBL-20 which cut 6m @ 21.74g/t gold. Results from trench TCBL-23 include 1m @ 4.17g/t gold + 1m @ 1.10g/t + 1m @ 4.00g/t gold. The zone remains open to both the west and east with additional trench results pending. In addition, results were returned from drill holes CJO-96, CJO-97, CJO-99 and CJO-104. Drill hole CJO-96 was drilled beneath trench TCBL-10 with a dip of 50o (3m @ 6.54g/t gold) and intersected 3.6m @ 4.13g/t gold from 39.6 – 43.2m depth and 1.4m @ 1.50g/t gold from 58.0 – 59.4m depth in a hydrothermal breccia zone. Drill hole CJO-97 was drilled approximately 100m east of CJO-96 beneath trench TCBL-13 (3m @ 5.83g/t gold) and intersected 3.6m @ 3.06g/t gold from 38.4 – 42.0m depth and 1m @ 0.65g/t gold from 47.0 – 48m depth in the same hydrothermal breccia zone. Drill hole CJO-99 was drilled approximately 120m east of CJO-97 beneath trench TCBL-18 (1m @ 9.15g/t gold) and intersected 0.8m @ 1.60g/t gold from 81.8 – 82.6m depth. | |
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