# Altamira Gold Intersects High Grade Gold Mineralization in the First Drill Hole at the Guillermo Target and Extends Maria Bonita Mineralization at Depth, Cajueiro District, Brazil Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--e115f0c5-5c5a-4660-b1cf-2ff9bb74e254 Original source: https://money.tmx.com/en/quote/ALTA/news/8255335214161084/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole- Publisher: tmx Original announcement: 2026-03-18T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Altamira Gold Corp. - Ticker: ALTA - Exchange: TSX - Region: Mato Grosso, Brazil - Primary commodity: Gold - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-09-13 11:04:41 UTC Narrative sentiment: 0.70 · Bullish ## Minestarters Atlas summary Altamira Gold reported high-grade gold intercepts at the new Guillermo target, including 0.9m @ 18.1 g/t Au. Additionally, drilling at the Maria Bonita resource confirmed mineralization continues at depth, extending the known system by over 100m. Reasoning: Strong discovery-style drill results at a new target \(Guillermo\) combined with depth extension at an existing resource \(Maria Bonita\). - Positive factor: High-grade gold intercept at new Guillermo target - Positive factor: Extension of Maria Bonita mineralization at depth - Positive factor: District-scale exploration success across multiple targets - Negative factor: True width for Guillermo intercept not yet known Facts used in scoring: 6 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 0.9m @ 18.1 g/t gold is exceptionally high grade. Evidence · text > 0.9m @ 18.1g/t gold **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: True width for the Guillermo intercept is not currently known. Evidence · text > the true width of the mineralized interval in the drill hole is not currently known **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release details laboratory \(SGS Geosol\) and QA/QC methods \(blanks, standards, duplicates\). Evidence · text > inserting control samples randomly in the submitted batch, comprising field duplicates, independent reference samples and 'blank' samples. **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: Maria Bonita contains a significant Inferred component. Evidence · text > Inferred Resources of 25.64Mt @ 0.44g/t gold ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### GLO-01 [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--e115f0c5-5c5a-4660-b1cf-2ff9bb74e254#fact-drill-facts-0) Guillermo · gold #### Identity - Hole ID: GLO-01 - Project: Guillermo - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: ALTA #### Geometry - Grade: 4.2 - Grade Unit: g/t - Intercept: 7 m - From: 111 m - To: 118 m - Intercept Depth: 111 m #### Classification - Program: exploration - Sample Type: drill - Group ID: GLO-01:111-118 #### QA/QC - Laboratory: SGS Geosol - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: High-grade intercept at a new exploration target. - Positive factor: Strong grade for scout drilling Evidence · text > 7 metres @ 4.2g/t gold from 111m in drill hole GLO-01 #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### GLO-01 [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--e115f0c5-5c5a-4660-b1cf-2ff9bb74e254#fact-drill-facts-1) Guillermo · gold #### Identity - Hole ID: GLO-01 - Project: Guillermo - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: ALTA #### Geometry - Grade: 18.1 - Grade Unit: g/t - Intercept: 0.9 m - From: 117.1 m - To: 118 m - Intercept Depth: 117.1 m #### Classification - Program: exploration - Sample Type: drill - Group ID: GLO-01:117.1-118 #### QA/QC - Laboratory: SGS Geosol - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: Exceptional high-grade interval within the hole. - Positive factor: Bonanza grade intercept Evidence · text > 0.9m @ 18.1g/t gold from 117.1m #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### MBA034 [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--e115f0c5-5c5a-4660-b1cf-2ff9bb74e254#fact-drill-facts-2) Maria Bonita · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MBA034 - Project: Maria Bonita - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: ALTA #### Geometry - Grade: 0.3 - Grade Unit: g/t - Intercept: 75 m #### Classification - Program: resource - Sample Type: drill #### QA/QC - Laboratory: SGS Geosol - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: Significant width confirming depth extension, though grade is marginal. - Positive factor: Confirms depth extension - Negative factor: Low grade Evidence · text > 75 metres @ 0.3 gm/t gold #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### MBA034 [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--e115f0c5-5c5a-4660-b1cf-2ff9bb74e254#fact-drill-facts-3) Maria Bonita · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MBA034 - Project: Maria Bonita - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: ALTA #### Geometry - Grade: 0.4 - Grade Unit: g/t - Intercept: 33.5 m #### Classification - Program: resource - Sample Type: drill #### QA/QC - Laboratory: SGS Geosol - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: Significant width confirming depth extension, though grade is marginal. - Positive factor: Confirms depth extension - Negative factor: Low grade Evidence · text > 33.5 metres @ 0.4 gm/t gold #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: 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 Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--e115f0c5-5c5a-4660-b1cf-2ff9bb74e254#fact-resource-facts-4) Maria Bonita · gold #### Identity - Project: Maria Bonita - Commodity: gold - Region: brazil - Reported Region: Mato Grosso, Brazil - Ticker: ALTA #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Resource group id: resource:fab281888d7c233ba19e #### Resource Data - Category: indicated - Tonnes: 24190000 - Grade: 0.46 - Grade Unit: g/t - Contained Metal: 357800 - Contained Unit: oz - Cutoff Grade: 0.2 - Cutoff Unit: g/t gold #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: Existing indicated resource component. Evidence · text > 24.19Mt @ 0.46g/t gold \(357,800oz\) #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-in-the-first-drill-hole--e115f0c5-5c5a-4660-b1cf-2ff9bb74e254#fact-resource-facts-5) Maria Bonita · gold #### Identity - Project: Maria Bonita - Commodity: gold - Region: brazil - Reported Region: Mato Grosso, Brazil - Ticker: ALTA #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Resource group id: resource:7f259f3cf35bbd8134db #### Resource Data - Category: inferred - Tonnes: 25640000 - Grade: 0.44 - Grade Unit: g/t - Contained Metal: 362400 - Contained Unit: oz - Cutoff Grade: 0.2 - Cutoff Unit: g/t gold #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-03-18T00:00:00.000Z Reasoning: Existing inferred resource component. Evidence · text > 25.64Mt @ 0.44g/t gold \(362,400oz\) #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 ## 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.