# Altamira Gold Intersects High Grade Gold Mineralization Within a Second New Porphyry Body at Morro Verde Target, Cajueiro District, Brazil Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-a-second-new-porp--b264afbc-2b03-4111-be17-b43b452eb7f1 Original source: https://money.tmx.com/en/quote/ALTA/news/7673345094896956/altamira-gold-intersects-high-grade-gold-mineralization-within-a-second-new-porp Publisher: tmx Original announcement: 2025-11-19T12:20:00.000Z 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: Sulfur - Document categories: Drill results, Other - Extracted: 2026-09-13 11:23:58 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Altamira Gold has intersected high-grade gold mineralization at the new Morro Verde target in the Cajueiro District, Brazil. Drill hole MRV003 returned 8m @ 3.5 g/t gold, including a 1m intercept of 15.4 g/t gold, within an interpreted quartz porphyry intrusive. This discovery identifies a second porphyry-style gold system in the district, extending the known mineralized corridor. Reasoning: The discovery of a new high-grade gold-bearing porphyry target \(Morro Verde\) significantly expands the district's potential and provides a high-grade intercept \(15.4 g/t Au\) that is highly material for an exploration-stage project. - Positive factor: High-grade gold intercept in a new porphyry body - Positive factor: Discovery of a second mineralized porphyry target in the district - Positive factor: Intercept is one of the highest grade-width products in the district - Negative factor: True width currently unknown - Negative factor: Holes MRV001 and MRV002 were barren Facts used in scoring: 2 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 15.4 g/t gold intercept is exceptionally high for a porphyry-style deposit. Evidence · text > including 1m @ 15.4g/t gold **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The intercept is located 1.5km north of the Cajueiro Central resource, representing a new target area. Evidence · text > located 1.5km north of the Cajueiro Central mineral resource **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: The release mentions the use of certified reference materials \(standards\), blanks, and field duplicates. Evidence · text > includes the insertion of blind certified reference materials \(standards\), blanks and field duplicate samples. **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: The document explicitly states that the true width of the intersection is currently unknown. Evidence · text > The true width of the intersection is currently unknown. ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### MRV003 [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-a-second-new-porp--b264afbc-2b03-4111-be17-b43b452eb7f1#fact-drill-facts-0) Morro Verde · gold #### Identity - Hole ID: MRV003 - Project: Morro Verde - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: ALTA #### Geometry - Grade: 3.5 - Grade Unit: g/t - Intercept: 8 m - From: 176 m - To: 184 m - Hole Depth: 292.4 m - Intercept Depth: 176 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: MRV003:176-184 - Mining Method: unknown #### Location - Location: Morro Verde - Easting: 548460 - Northing: 8965590 - Elevation: 243 m - Azimuth: 180 ° - Dip: -55 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS Geosol - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No - Deleterious Elements: sulfur #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-11-19T00:00:00.000Z Reasoning: Strong gold grade in a new porphyry-style target. - Positive factor: High grade intercept - Positive factor: New porphyry target - Negative factor: True width unknown Evidence · table > 3.5 Context: 8 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Following the recent discovery of gold mineralization at Tavares Norte, we now have drill intercepts in two separate gol" ### MRV003 [Link to this fact](https://atlas-extractions.minestarters.com/news/altamira-gold-intersects-high-grade-gold-mineralization-within-a-second-new-porp--b264afbc-2b03-4111-be17-b43b452eb7f1#fact-drill-facts-1) Morro Verde · gold #### Identity - Hole ID: MRV003 - Project: Morro Verde - Commodity: gold - Region: brazil - Reported Region: brazil - Ticker: ALTA #### Geometry - Grade: 15.4 - Grade Unit: g/t - Intercept: 1 m - From: 182 m - To: 183 m - Hole Depth: 292.4 m - Intercept Depth: 176 m #### Classification - Deposit Type: porphyry - Program: exploration - Sample Type: drill - Group ID: MRV003:182-183 - Mining Method: unknown #### Location - Location: Morro Verde - Easting: 548460 - Northing: 8965590 - Elevation: 243 m - Azimuth: 180 ° - Dip: -55 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: SGS Geosol - QA/QC Disclosed: Yes - QP Signed: Yes - QA/QC Methods: standards, blanks, duplicates #### Deleterious - Deleterious Flag: No - Deleterious Elements: sulfur #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-11-19T00:00:00.000Z Reasoning: Very high grade sub-interval within the main intercept. - Positive factor: Bonanza grade intercept Evidence · table > 15.3 Context: 1 #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Following the recent discovery of gold mineralization at Tavares Norte, we now have drill intercepts in two separate gol" ## 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.