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Altamira Gold Corp.
Summary
| Project: | Cajueiro | |
|---|---|---|
| Deposit: | Cajueiro | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 10/10/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 10-10-2019: Altamira Gold Corp. announces a Resource Estimation report for its Cajueiro deposit at the Cajueiro project. Updated mineral resource estimate for project. Vancouver, British Columbia--(Newsfile Corp. - October 10, 2019) - Altamira Gold Corp.' | |
| Resources: | (Resource, I+I): 12.665Mt @ 1.26g/t Au at project total | |
| CP/QP: | [Resources]: KevinGunesch, Hamid Samari (Global Resource Engineering Ltd.) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - October 10, 2019) - Altamira Gold Corp.'s (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF), ("Altamira" or the "Company") is pleased to announce that it has received the results of the new resource estimate from Global Resource Engineering Ltd. ("GRE") for its advanced Cajueiro project in northern Mato Grosso state in western Brazil. Altamira is pleased to announce the completion of a new NI 43-101 gold mineral resource estimate for five deposits at its Cajueiro Project, located in the state of Mato Grosso in northern Brazil. Altamira's 2019 NI 43-101 Mineral Resource Estimate was completed byGlobal Resource Engineering Ltd. ("GRE"), and totals 5,661,000t @ 1.02 g/t gold for a total of 185,000 oz of gold (Indicated) and 12,665,000t @ 1.26 g/t gold for a total of 515,000oz of gold (Inferred) (Table 1). The resources reported here are confined to an area of approximately 285 ha whilst the total area comprising the Cajueiro concession area amounts to 39,053 ha. | |
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