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December 22, 2024
PI Global Investments
Gold

Altamira Gold Discovers Major Porphyry Deposit


Altamira Gold Corp (TSE:ALTA) has released an update.

Altamira Gold Corp. has announced the discovery of a significant porphyry gold deposit at their Maria Bonita site in the Cajueiro district, Brazil. The identification of this deposit type, a first in Brazil, is backed by expert analyses and promising drill results, including a 146m intercept at 1.0g/t gold. The company is now expanding exploration, employing advanced satellite and aeromagnetic technologies to uncover additional porphyry bodies within the district.

For further insights into TSE:ALTA stock, check out TipRanks’ Stock Analysis page.



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