Altamira Gold / ALTA (TSXV)

    Ist Ein "DRILLplay",


    also Das heisst es kann AUCH schiefgehen.



    ABER


    Sie haben vom Prinzip DREI(3) Weltklasse Treffer Chancen mit Projekten
    (ähnlich wie Urai5 es bei Tectonic Metals meinte),


    Eine SCHON Bestehende Signifikante Resource(basis),


    mit EIner Ersten Kleineren Förderung vermutlich nicht mehr sehr weit entfernt,
    http://www.proactiveinvestors.com/companies/news/946461/altamira-gold-hires-world-renowned-dr-quinton-hennigh-as-geological-advisor-to-carry-out-ip-survey-at-mutum-target-946461.html



    http://altamiragold.com/



    Weitere Informationen FOLGEN.



    [Blockierte Grafik: https://altamiragold.com/wp-co…1-03-23-at-6.22.46-AM.png]
    http://altamiragold.com/wp-con…-2021-V2_compressed-2.pdf

    Altamira Gold Identifies High Chargeability Anomaly Beneath Mineralised Intrusive Body at Mutum Target, Apiacas Project


    http://altamiragold.com/2021/06/altamira-gold-identifies-high-chargeability-anomaly-beneath-mineralised-intrusive-body-at-mutum-target-apiacas-project/


    "Vancouver, British Columbia–(Newsfile Corp. – June 8, 2021) – Altamira Gold Corp.’s (TSXV: ALTA) (FSE: T6UP) (OTC PINK: EQTRF) (“Altamira” or the “Company“) is pleased to announce that 11 lines of the Induced Polarization (“IP”) survey have now been completed over the Mutum gold target at its 100% controlled Apiacas gold project in Brazil.


    Highlights

    • Four lines covering the central portion of the target area have been processed and reveal a consistent 500-650 metre wide chargeability anomaly visible below a depth of some 70 metres on all four lines (800 metre E-W strike length and open both to the east and west). The anomaly, which is open at depth, is directly below the mapped and sampled mineralised intrusive which contains gold and has been mapped on surface in the same area


    • Resistivity data for these lines reveals a distinct horizontal change in resistivity readings at between 50-60 metres vertical depth, which is interpreted as the oxide-sulphide interface between the weathered surface intrusive rock where the pyrite has been oxidized and the fresh pyrite-bearing intrusive rock below 70 metres depth


    • Two new channel samples returned 0.41 g/t Au over 12 metres and 0.90 g/t Au over 6 metres. All of these channels are located some 70 metres vertically above the IP chargeability anomaly on line 4 and are located immediately north of the previous channel sample in the area which returned 2 g/t gold over 12 metres


    • The chargeability anomalies defined by the IP survey suggest the presence of disseminated sulphide concentrations at depth and surface auriferous channel samples strongly suggest that substantial disseminated sulphide concentrations are correlated with gold mineralization


    • The IP survey is ongoing and Altamira Gold expects to have the processed lines from the Western extension of the Mutum target area processed in the next two weeks. The survey is expected to be completed during June in preparation for the stage one drilling program

    Matt Cooper, Principal at Core Geophysics and a geophysical consultant to the Company commented “Induced Polarisation Surveys provide a measurement of chargeability and resistivity of the ground. Where there are sulphide concentrations in the bedrock the chargeability will be higher. The very wide, high chargeability anomalies that we have encountered at depth on the four initial IP lines are interpreted as the sulphide bearing intrusives, vertically below the areas which have been mapped on surface with disseminated sulphide and gold mineralisation. The anomaly remains open both at depth and along strike”.

    Michael Bennett, President and CEO of Altamira Gold commented “We are extremely excited by the initial results from the IP survey. The possibility of a wide sulphide -rich body underling the area mapped as a syenogranite intrusive containing disseminated pyrite and gold mineralisation on surface, is a really positive indication for the presence of deeper-seated mineralisation and demonstrates that this work will be invaluable in assisting the company in siting the initial drillholes”.


    IP Survey at Mutum Target


    The Mutum target is part of the Apiacas Project area is located 50km west of Altamira’s Cajueiro gold project which hosts 43-101 compliant indicated resources of 5.66Mt @ 1.02 g/t gold for a total of 185,000 oz and inferred resources of 12.66Mt @ 1.26 g/t gold for a total of 515,000oz. An estimated 1Moz of colluvial gold was historically recovered from the Mutum target, suggestive of the presence of a significant underlying hard-rock deposit.


    In 2019, geological mapping outlined an area of pervasive disseminated-style gold mineralisation over at least 4 km2 at Mutum. A total of 93 surface rock samples of disseminated and altered rocks collected on surface over this area returned gold values of up to 406.6 g/t gold (see news release dated September 11, 2019). Recent exploration has also identified four high-grade vein structures with channel samples returning values up to 3m @ 10.39 g/t gold. Silver assays have also returned high grade values up to 871 g/t silver (see March 8, 2021 news release for more information).


    Ground based IP survey is now 50% complete over the Mutum target, within the Apiacas Gold project. The survey has been partially completed over the central and western zones of the target area, Figure 1. The survey was commissioned to detect disseminated sulphide concentrations which are related to gold mineralisation within the syenogranite intrusive.
    [Blockierte Grafik: https://orders.newsfilecorp.com/files/4500/86871_3fa4b24b34da9a0e_001.jpg]
    Figure 1: Map showing progress of the IP survey over the Mutum target, Apiacas project
    To view an enhanced version of Figure 1, please visit:
    https://orders.newsfilecorp.co…4b24b34da9a0e_001full.jpg


    The survey has been planned on 200m spaced lines to cover the most prospective portions of the project at 2 km lengths, with some lines extended to 3 km to test the width of the mineralised syenogranite intrusive body (Figure 1).


    Inversion of the data has displayed regions of high chargeability evident across numerous lines within the mineralised syenogranite intrusive body (Figure 2). These anomalies are interpreted to represent accumulations of disseminated sulphides at depth, potentially associated with gold mineralisation. These zones which are some 500- 650 metres in width can now be traced for over 800 metres along east-west strike open in both directions and represent priority targets for follow up drilling.
    [Blockierte Grafik: https://orders.newsfilecorp.com/files/4500/86871_3fa4b24b34da9a0e_002.jpg]
    Figure 2: Map showing high chargeability anomalies on four lines in the central part of the Mutum target in the Apiacas project. The anomalies are directly below an area with mineralised syenogranite intrusive mapped and sampled on surface
    To view an enhanced version of Figure 2, please visit:
    https://orders.newsfilecorp.co…4b24b34da9a0e_002full.jpg


    The resistivity data clearly shows a marked vertical zonation with a change from lower to higher resistivity at a vertical depth of 60 metres which is interpreted as the oxide-sulphide interface within the mineralised syenogranitic intrusive body. Figure 3 shows the resistivity response on Line 2.


    [Blockierte Grafik: https://orders.newsfilecorp.com/files/4500/86871_3fa4b24b34da9a0e_003.jpg]
    Figure 3: Resistivity section on line 2 clearly showing the interpreted zone of transition between oxidised and sulphide bearing syenogranite intrusive at approximately 60 metres vertical depth
    To view an enhanced version of Figure 3, please visit:
    https://orders.newsfilecorp.co…4b24b34da9a0e_003full.jpg


    The high chargeability anomaly which is between 500-650 metres in width and seen below 70 metres is open at depth. Figure 4 shows the anomaly on lines 2 and 4.


    [Blockierte Grafik: https://orders.newsfilecorp.com/files/4500/86871_altami1.jpg]
    Figure 4 Showing the high chargeability anomalies on line 2 and line 4 which are directly below the area mapped and sampled on surface within the mineralised syenogranite intrusive
    To view an enhanced version of Figure 4, please visit:
    https://orders.newsfilecorp.com/files/4500/86871_altami2.jpg


    The IP survey is proving to be crucial to defining the limits of the altered and mineralised intrusive rock with disseminated pyrite and gold and will guide the subsequent trenching and drill program. As stated in the press release of 21st April 2021, an environmental permit has already been granted to allow drilling over part of the central Mutum area.


    Channel sampling at Mutum Target


    Further channel sampling along a new road cut parallel and close to line 4 has exposed a section of mineralised syenogranite intrusive to the north of the previously reported channel of 12 metres @ 2.0 g/t Au. The new channel samples shown in the photos below returned 0.9g/t Au over 6 metres and 0.41g/t Au over 12 metres with all three channels located on surface directly above the high chargeability anomalies identified by the IP survey in the area.


    [Blockierte Grafik: https://orders.newsfilecorp.com/files/4500/86871_3fa4b24b34da9a0e_006.jpg]
    .................."

    kööööönnte m.E. zu "Was Grösserem" führen,


    sollte davon abhängen Was Der "Mineralised Intrusive" zu Tage bringt






    Altamira Gold EXTENDS STRIKE LENGTH OF HIGH CHARGEABILITY ANOMALY TO 4,400m at Mutum Target, Apiacas Project


    http://altamiragold.com/2021/07/altamira-gold-extends-strike-length-of-high-chargeability-anomaly-to-4400m-at-mutum-target-apiacas-project/


    "IP survey expanded and Drill Contract signed


    Vancouver, British Columbia–(Newsfile Corp. – July 12, 2021) – Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF) (“Altamira” or the “Company“) is pleased to announce the results of the first 20 lines of the Induced Polarization (“IP”) survey over the Mutum gold target at its 100% controlled Apiacas gold project in Brazil.


    Highlights

    • The initial IP survey at Mutum encompassing 20 N-S lines (39.2 km in total) has been completed and has expanded the high chargeability anomaly from 800 to 4,400m of east-west strike length. The anomaly lies beneath historic alluvial and colluvial artisanal gold workings and is coincident with the mapped and sampled gold bearing intrusive rock seen on surface


    • The chargeability anomaly is open both to the east and west and consequently, Altamira is expanding the IP survey by an additional 2,400m to cover adjoining areas of historic alluvial gold mining. The Company expects to have this work completed by mid-July


    • Altamira has signed an initial 3,000m diamond-drilling contract with Servdrill Perfuracao e Sondagem Ltda, and expects to commence drilling during July


    Michael Bennett, President and CEO of Altamira Gold commented, “We are very encouraged by the results of the IP geophysical survey so far. The high chargeability anomaly now extends over 4,400m in an east-west corridor within the Mutum target area. The anomaly is located directly beneath the historic artisanal gold workings where one million ounces of gold was recovered in the last 40 years from the uppermost 20 metres of weathered material suggesting that the IP high chargeability anomaly is mapping the mineralised intrusive at depth. This anomaly is more extensive than we previously envisaged and suggests that a large mineralized system may be present at depth. We are looking forward to starting the initial drill program during July.”


    The Mutum target is part of the Apiacas Project area and is located 50 km west of Altamira’s Cajueiro gold project which hosts 43-101 compliant indicated resources of 5.66Mt @ 1.02 g/t gold for a total of 185,000oz and inferred resources of 12.66Mt @ 1.26 g/t gold for a total of 515,000oz. An estimated 1Moz of colluvial gold was historically recovered from the Mutum target, suggestive of the presence of a significant underlying hard-rock deposit.


    In 2019, geological mapping outlined an area of pervasive disseminated-style gold mineralisation over at least 4 km2 at Mutum. A total of 93 surface rock samples of disseminated and altered rocks collected on surface over this area returned gold values of up to 406.6 g/t gold (see news release dated September 11, 2019). Recent exploration has also identified four high-grade vein structures with channel samples returning values up to 3m @ 10.39 g/t gold. Silver assays have also returned high grade values up to 871 g/t silver (see news release dated March 8, 2021).


    IP Survey at Mutum target


    The first phase of the Ground based IP survey is now complete over the Mutum target, within the Apiacas Gold project. The survey was commissioned to detect disseminated sulphide concentrations which may be related to gold mineralisation within the underlying syenogranite intrusive. A total of 20 N-S lines covering a total of 39.2 km at 200m E-W spacings have been completed (see Figure 1).
    [Blockierte Grafik: https://orders.newsfilecorp.com/files/4500/89977_9396415fb40ddbd8_001.jpg]
    Figure 1 Map showing progress of the IP survey over the Mutum target, Apiacas project.
    To view an enhanced version of this graphic, please visit:
    https://orders.newsfilecorp.co…6415fb40ddbd8_001full.jpg


    [Blockierte Grafik: https://orders.newsfilecorp.com/files/4500/89977_9396415fb40ddbd8_002.jpg]
    Figure 2 Map showing the preliminary contouring of the high chargeability anomaly in the central part of the Mutum target in the Apiacas project. The anomalies are directly beneath an area with mineralised syenogranite intrusive, mapped and sampled on surface.
    To view an enhanced version of this graphic, please visit:
    https://orders.newsfilecorp.co…6415fb40ddbd8_002full.jpg


    The chargeability anomaly has now been extended from an initial strike length of 800m east-west (see press release dated June 8, 2021) to 4,400m in east-west strike extent covering the central part of the Mutum target area (see Figure 2). The anomaly can be traced from line 17 in the extreme west to line 21 in the extreme east of the survey area and a chargeable zone that is 500-1000m in width can now be traced for over 4,400m along strike east-west and is open in both directions. This represents a priority target for drilling.

    Three lines 17, 10 and 3 extend north of the central Mutum target area and show other high chargeability anomalies which will be investigated in the next few months by both geological mapping, soil sampling and trenching. Chargeability anomalies are interpreted to represent accumulations of disseminated sulphide at depth, possibly associated with gold. AFC has been retained to carry out Phase 2 of the survey consisting of a further 6 IP lines extending 2.4km to the west of the initial survey area to investigate the source of the alluvial gold recovered from the drainages in this area (see Figure 1).

    Mapping and sampling have now expanded the exposure of the mineralised syenogranite within the Paraguaio pit in the North-western part of the Mutum target to the west of line 17 (see Figure 3), and 4 channel samples with a total length of 33.3 m have recently been collected close to a previously reported chip sample which returned 10.93 g/t gold over 3m. Samples have been submitted to the SGS laboratory for preparation and assay results are pending.


    [Blockierte Grafik: https://orders.newsfilecorp.com/files/4500/89977_9396415fb40ddbd8_003.jpg]
    Figure 3 Photos showing the mineralised intrusive rock with the oxidised pyrite giving the rock the characteristic ‘leopard spotting’ texture in the Paraguaio pit in the north-west of the Mutum target area.
    To view an enhanced version of this graphic, please visit:
    https://orders.newsfilecorp.co…6415fb40ddbd8_003full.jpg


    Drill Contract Signed


    Altamira Gold has signed an initial 3,000m diamond drilling contract with Servdrill Perfuracao e Sondagem Ltda, an experienced Brazilian drilling contractor with the capabilities to carry out the initial diamond drill program over the Mutum target, and expects to commence drilling over the central part of the Mutum target during July.


    Qualified Perwson


    Guillermo Hughes, FAIG and M AusIMM., a consultant to the Company as well as a Qualified Person as defined by National Instrument 43-101, supervised the preparation of the technical information in this news release.
    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


    About Altamira Gold Corp.


    The Company is focused on the exploration and development of gold projects within western central Brazil. The Company holds 8 projects comprising approximately 190,000 hectares, within the prolific Juruena gold belt which historically produced an estimated 7 to 10Moz of placer gold. The Company’s advanced Cajueiro project has NI 43-101 resources of 5.66Mt @ 1.02 g/t gold for a total of 185,000 oz in the Indicated Resource category and 12.66Mt @ 1.26 g/t gold for a total of 515,000 oz in the Inferred Resource category.


    On Behalf of the Board of Directors,


    ALTAMIRA GOLD CORP.


    “Michael Bennett”
    Michael Bennett


    President & CEO
    Tel: 604.676.5660
    Toll-Free:1-833-606-6271
    info@altamiragold.com
    www.altamiragold.com .........................."

Schriftgröße:  A A A A A