Altamira Gold Discovers New Mineralized Porphyry Body at Maria Bonita West, Cajueiro Gold District, Brazil

Original announcement by tmx on

Company
Altamira Gold Corp.
Ticker
ALTA
Exchange
TSX
Region
Brazil
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results, Other
Extracted
2026-09-13 10:29:51 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Altamira Gold has confirmed a new mineralized porphyry body at Maria Bonita West in the Cajueiro Gold District, Brazil. Drill holes MBA-042 and MBA-043 returned wide, coherent gold intercepts, suggesting the system extends further west and at depth.

Reasoning: The drilling confirmed a new, distinct porphyry body with significant width and continuity, extending the known mineralized system at Maria Bonita.

Positive factors

  • Discovery of a new mineralized porphyry body
  • Wide coherent mineralized intersections (MBA-042 and MBA-043)
  • Mineralization remains open to the west and at depth
  • Consistent gold grades observed

Negative factors

  • True widths not yet determined

Facts used in scoring: 6

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Drilling tested the western extension of the Maria Bonita porphyry system, confirming a new body.

Evidence · text

“tested the western extension of the Maria Bonita gold porphyry system”

QA/QC Disclosedpositive

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

Why it applies: Release details assay protocols, including 50g fire assay, ICP atomic absorption, and use of blanks, standards, and duplicates.

Evidence · text

“inserting control samples randomly into the submitted batch, comprising field duplicates, independent reference samples and "blank" samples.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that true widths have not yet been determined.

Evidence · text

“True widths have not yet been determined.”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

MBA-040Cajueiro · goldGrade: 0.1Grade Unit: g/tIntercept: 40 mView all details
Link to this fact

Identity

Hole ID
MBA-040
Project
Cajueiro
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
ALTA

Geometry

Grade
0.1
Grade Unit
g/t
Intercept
40 m
From
184 m
To
224 m
Intercept Depth
184 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
MBA-040:184-224
Mining Method
open_pit

Location

Location
Maria Bonita West
Loc. Source
document

QA/QC

Laboratory
SGS Geosol
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Weakly mineralized intercept in tuff wall rock.

Negative factors

  • Low grade intercept

Evidence · table

“0.1”

Context: 40.0

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

MBA-041Cajueiro · goldGrade: 0.2Grade Unit: g/tIntercept: 10.6 mView all details
Link to this fact

Identity

Hole ID
MBA-041
Project
Cajueiro
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
ALTA

Geometry

Grade
0.2
Grade Unit
g/t
Intercept
10.6 m
From
0 m
To
10.6 m
Intercept Depth
0 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
MBA-041:0-10.6
Mining Method
open_pit

Location

Location
Maria Bonita West
Loc. Source
document

QA/QC

Laboratory
SGS Geosol
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Weakly mineralized intercept in tuff wall rock.

Negative factors

  • Low grade intercept

Evidence · table

“0.2”

Context: 10.6

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

MBA-042Cajueiro · goldGrade: 0.4Grade Unit: g/tIntercept: 36.2 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MBA-042
Project
Cajueiro
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
ALTA

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
36.2 m
From
0 m
To
36.2 m
Intercept Depth
0 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
MBA-042:0-36.2
Mining Method
open_pit

Location

Location
Maria Bonita West
Loc. Source
document

QA/QC

Laboratory
SGS Geosol
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-05-12T00:00:00.000Z

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Part of a wide coherent mineralized intersection.

Positive factors

  • Intercept from surface

Evidence · text

“36.2m @ 0.4g/t gold from surface”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

MBA-042Cajueiro · goldGrade: 0.3Grade Unit: g/tIntercept: 45.4 mView all details
Link to this fact

Identity

Hole ID
MBA-042
Project
Cajueiro
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
ALTA

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
45.4 m
From
61.9 m
To
107.3 m
Intercept Depth
61.9 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
MBA-042:61.9-107.3
Mining Method
open_pit

Location

Location
Maria Bonita West
Loc. Source
document

QA/QC

Laboratory
SGS Geosol
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Part of a wide coherent mineralized intersection.

Evidence · text

“45.4m @ 0.3g/t gold from 61.9m depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

MBA-042Cajueiro · goldGrade: 0.3Grade Unit: g/tIntercept: 200.4 mView all details
Link to this fact

Identity

Hole ID
MBA-042
Project
Cajueiro
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
ALTA

Geometry

Grade
0.3
Grade Unit
g/t
Intercept
200.4 m
From
113.2 m
To
313.6 m
Intercept Depth
113.2 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
MBA-042:113.2-313.6
Mining Method
open_pit

Location

Location
Maria Bonita West
Loc. Source
document

QA/QC

Laboratory
SGS Geosol
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: One of the widest coherent mineralized intersections encountered to date.

Positive factors

  • Very wide intercept
  • Continuous mineralization

Evidence · text

“200.4m @ 0.3g/t gold from 113.2m depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

MBA-043Cajueiro · goldGrade: 0.4Grade Unit: g/tIntercept: 231.5 mView all details
Link to this fact

Identity

Hole ID
MBA-043
Project
Cajueiro
Commodity
gold
Region
brazil
Reported Region
brazil
Ticker
ALTA

Geometry

Grade
0.4
Grade Unit
g/t
Intercept
231.5 m
From
93 m
To
324.5 m
Intercept Depth
93 m

Classification

Deposit Type
porphyry
Program
exploration
Sample Type
drill
Group ID
MBA-043:93-324.5
Mining Method
open_pit

Location

Location
Maria Bonita West
Loc. Source
document

QA/QC

Laboratory
SGS Geosol
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: One of the widest coherent mineralized intersections encountered to date.

Positive factors

  • Very wide intercept
  • Continuous mineralization

Evidence · text

“231.5m @ 0.4g/t gold from 93m depth”

Tags used in scoring

QA/QC Disclosedpositive

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

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

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.