250,000 Hectares and 13 Projects!
Michael Bennett, President & CEO of Altamira Gold Corp. speaks on the company’s 13 gold projects in Brazil.
“Altamira is focused in central western Brazil and we’re looking for gold. We have a large land position, we’re the only junior in the Alta Floresta gold belt and we have 250,000 hectares and 13 projects. We have right now a 43 101 with about half a million ounces in Cajueiro of 0.8 grams per tonne gold. We will increase that resource in 2018. Things have changed in the belt because we were just looking for gold, we knew there was copper present, but last year Anglo American made a very important discovery on the eastern side of the belt in an area called Jaca and it’s the first copper porphyry discovered in that belt and it has caused this staking rush. We’ve already started doing our copper exploration, we’ve reinterpreted all the airborne geophysics over our Cajueiro property and we’ve generated 14 deeper seated targets. We realize as Altamira Gold that we can’t deal with all 12 properties on our own and so we think the next few months is going to be a very interesting journey.” – Michael Bennett, President & CEO of Altamira Gold Corp.
Altamira Gold is focused on creating shareholder value for its investors and stakeholders through consistent gold recovery and resource growth. The corporate strategy is to acquire and develop exceptional property holdings in highly developed and prospective districts and follow through with focused exploration and growth programs.
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