ALTA - Altamira Gold extends footprint of gold mineralization at Maria Bonita with drill results

(NewsDirect)

Altamira Gold CEO Michael Bennett joinedSteve Darling from Proactive with an update on the company'songoing exploration program at the Maria Bonita discovery located onthe Cajueiro gold project in northern Brazil.

The company's exploration efforts haveyielded positive results, with a deep motorized auger drilling programdemonstrating an extension of gold mineralization in weathered bedrockin multiple directions around the mineralized area previously definedby initial diamond drilling.

Theprogram comes after the successful completion of nine diamond drillholes, which include noteworthy results such as 69 meters at 1 gramper ton (g/t) in MBA005, 50 meters at 1.1 g/t gold in MBA004, and 45meters at 1.4 g/t gold in MBA003, among others.

These findings highlight the significantgold mineralization potential in the Maria Bonita discovery area. Intotal, 47 auger holes were completed, covering an aggregate distanceof 430 meters.

Among the samplesobtained, 83% of the total holes drilled exhibited gold mineralizationexceeding 0.5 g/t gold.

The companyis now planning a second-stage diamond drill program aimed atexploring the lateral and vertical extents of the mineralizedintrusive body. Additionally, further auger drilling will be conductedto define the limits of the mineralized system, which, importantly,remains open in multiple directions and at depth.

Altamira Gold's ongoing explorationendeavors and the promising results obtained so far reflect itscommitment to advancing the Cajueiro gold project and unlocking itsfull potential as a valuable gold asset. The company's strategicfocus on exploration and resource expansion positions it well tocapitalize on the continued growth in the gold sector.

Contact Details

Proactive Canada

+1604-688-8158

na-editorial@proactiveinvestors.com

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