Altamira Gold
Primary ticker: TSXV: ALTA, OTC: EQTRF
Stage of development: Exploration, Development
Primary minerals: Gold & Copper
Project to promote: Cajueiro
Project location: Brazil
Website: altamiragold.com
Altamira Gold is focused on the exploration and development of gold and copper projects within western central Brazil. The Company holds 6 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 515,000oz in the Inferred Resource category.
Cash: CAD 1.8M
Debt: NIL
Major shareholders:
Crescat Portfolio Management LLC – 15%
Aura Minerals Inc. – 11%
Management Ownership – 8%
Financials
Management Profile
Michael Bennett – President & CEO
Michael Bennett brings a wealth of experience as well as a deep understanding of South American culture and logistics. With over 30 years of mining experience (23 years in South America) he was responsible for overseeing mining and exploration projects with over 100 employees in Brazil and Mexico for ECI. Mr. Bennett has also held senior local government appointments in South America including Mayor of Porongo, Bolivia; President of the Municipal Association, Bolivia; and President of the Chamber of Mines in Santa Cruz, Bolivia. Responsible for three gold discoveries including Altamira’s Cajueiro gold project (0.7Moz), Serabi Gold’s Coringa project (1.1Moz), both of which are located in Central Brazil, and Puquio North (0.5Moz) in Bolivia.
What recent news would you like to highlight to investors attending?
May – 146m @ 1g/t gold drilled at the intrusive-hosted Maria Bonita Discovery within the Cajueiro Project
June – confirmation that that Maria Bonita is a porphyry gold deposit
August 7 – new target discovered at the Apiacas Project
August 21 – new porphyry outcrops discovered 1.6km east of the Maria Bonita Discovery within the Cajueiro Project