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Altamira Gold Corp.
Summary
| Project: | Cajueiro | |
|---|---|---|
| Deposit: | Cajueiro | |
| Location: | Brazil | |
| Commodities: | Gold | |
| Date: | 10/16/2019 | |
| Report Code: | (Enviro) | |
| Report Type: | EIA/ESIA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-10-2019: Altamira Gold Corp. announces an EIA/ESIA report for its Cajueiro deposit at the Cajueiro project. Receipt of first environmental permit for trail mining at Cajueiro. Vancouver, British Columbia--(Newsfile Corp. - October 16, 2019) - Altamira | |
| Resources: | (Resource): 185Koz Au (Ind.) and 515Koz Au (Inf.) | |
| CP/QP: | [Overall Report]: Guillermo Hughes (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - October 16, 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 first Environmental Permit for the Trial Mining Licenses with respect to permit 866.160/2007 for its advanced Cajueiro gold project in northern Mato Grosso state in western Brazil. Altamira's 2019 NI 43-101 Mineral Resource Estimate was recently completed byGlobal Resource Engineering Ltd. ("GRE"), and totals 5,661,000 tonnes @ 1.02 g/t gold for a total of 185,000 oz of gold (Indicated) and 12,665,000 tonnes @ 1.26 g/t gold for a total of 515,000oz of gold (Inferred). (see press release dated October 10, 2019 for additional details). The resources are confined to an area of approximately 285 ha whilst the total area comprising the Cajueiro concession area amounts to 39,053 ha. As part of the permitting process allowing for Trial Mining at the Cajueiro proect, Altamira is in the process of obtaining four Trial Mining Licenses for which Environmental Permits are required on all four. Plant construction, however, may commence prior to the issuance of the remaining three licenses. | |
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