Altamira Gold Drills 130m @ 0.5g/t Gold in Step-Out Hole 110m North of the Maria Bonita Mineral Resource, Within the Cajueiro District, Brazil
Original announcement by tmx on
- Company
- Altamira Gold Corp.
- Ticker
- ALTA
- Exchange
- TSX
- Region
- Mato Grosso, Brazil
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results, Other
- Extracted
- 2026-09-13 10:54:39 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Altamira Gold Corp. reported significant step-out drill results from hole MBA037, which intersected 130m @ 0.5 g/t gold, extending the Maria Bonita resource to the north. The results confirm the presence of porphyry-hosted mineralization 110m north of the current resource boundary.
Reasoning: The drill hole MBA037 successfully extended the known mineralized footprint of the Maria Bonita resource to the north with consistent porphyry-hosted gold grades.
Positive factors
- Step-out extension north of existing resource
- Wide mineralized intervals
- Consistent mineralization style with core deposit
- QA/QC protocols disclosed
Facts used in scoring: 3
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Hole MBA037 is located 110m north of the current Maria Bonita mineral resource edge.
Evidence · text
“located 110m north of the edge of the current Maria Bonita mineral resource”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release details specific QA/QC protocols including blanks, standards, duplicates, and third-party check assays.
Evidence · text
“Quality control of drill hole assays follows normal industry procedures of inserting control samples randomly”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Drill Results (3)
MBA037Maria Bonita · goldGrade: 0.7Grade Unit: g/tIntercept: 9 mView all detailsHide details
Identity
- Hole ID
- MBA037
- Project
- Maria Bonita
- Commodity
- gold
- Region
- brazil
- Reported Region
- brazil
- Ticker
- ALTA
Geometry
- Grade
- 0.7
- Grade Unit
- g/t
- Intercept
- 9 m
- From
- 39 m
- To
- 48 m
- Intercept Depth
- 39 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- MBA037:39-48
- Mining Method
- open_pit
Location
- Location
- Maria Bonita
- Azimuth
- 340 °
- Dip
- 55 °
- 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
- 2026-05-20T00:00:00.000Z
Reasoning: A solid intercept in a step-out hole confirming continuity.
Positive factors
- Confirms mineralization in step-out zone
Evidence · text
“MBA037 returned 9m @ 0.7 g/t gold from 39m”
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
MBA037Maria Bonita · goldGrade: 0.5Grade Unit: g/tIntercept: 130 mView all detailsHide details
Identity
- Hole ID
- MBA037
- Project
- Maria Bonita
- Commodity
- gold
- Region
- brazil
- Reported Region
- brazil
- Ticker
- ALTA
Geometry
- Grade
- 0.5
- Grade Unit
- g/t
- Intercept
- 130 m
- From
- 97 m
- To
- 227 m
- Intercept Depth
- 97 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- MBA037:97-227
- Mining Method
- open_pit
Location
- Location
- Maria Bonita
- Azimuth
- 340 °
- Dip
- 55 °
- 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
- 2026-05-20T00:00:00.000Z
Reasoning: A very wide intercept extending the resource footprint.
Positive factors
- Significant width
- Step-out extension
Evidence · text
“130m @ 0.5g/t gold from 97m downhole”
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
MBA037Maria Bonita · goldGrade: 0.8Grade Unit: g/tIntercept: 40 mView all detailsHide details
Identity
- Hole ID
- MBA037
- Project
- Maria Bonita
- Commodity
- gold
- Region
- brazil
- Reported Region
- brazil
- Ticker
- ALTA
Geometry
- Grade
- 0.8
- Grade Unit
- g/t
- Intercept
- 40 m
- From
- 100 m
- To
- 140 m
- Intercept Depth
- 100 m
Classification
- Deposit Type
- porphyry
- Program
- exploration
- Sample Type
- drill
- Group ID
- MBA037:100-140
- Mining Method
- open_pit
Location
- Location
- Maria Bonita
- Azimuth
- 340 °
- Dip
- 55 °
- 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
- 2026-05-20T00:00:00.000Z
Reasoning: A higher grade portion within the larger wide intercept.
Positive factors
- Higher grade sub-interval
Evidence · text
“includes 40m @ 0.8g/t gold from 100m down hole 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.