Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Altamira Gold reveals four high-grade gold and silver vein structures at its Apiacas project in Brazil

% of readers think this story is Fact. Add your two cents.


Altamira Gold Corp (CVE:ALTA) (OTCPINK:EQTRF) (FRA:T6UP) said Monday it has confirmed four high-grade gold-silver vein structures at its Apiacas project in Brazil. 

In a statement, the Vancouver-based junior revealed that the veins appear to extend over at least a one-kilometre strike length on the Mutum target. 

Surface grab samples returned values of up to 403.5 grams per ton (g/t) gold, while recent channel samples included values of up to three metres at 10.4 g/t gold. Silver assays also returned high-grade values of up to 871 g/t. 

READ: Altamira Gold reveals longest gold-in-soil anomaly in previously unexplored area of Cajueiro project in Brazil

All of the veins originate from an area of disseminated gold mineralization, which was mapped over four square kilometres on surface.

Apiacas is located in Mato Grosso state, around 50 kilometres west of Altamira’s Cajueiro gold project. Cajueiro hosts 43-101 compliant indicated resources of 5.7 million tons at 1.02 g/t gold for a total of 185,000 ounces, and inferred resources of 12.7 million tons at 1.3 g/t gold for a total of 515,000 ounces.

“At least 1 million ounces of gold were produced primarily from weathered bedrock at the Mutum target within the Apiacas Gold Project,” Altamira CEO Michael Bennett told shareholders in a statement.

“Mutum displays broad distribution of disseminated gold mineralization occurring within altered intrusive rock. This target, covering at least four square kilometres, has the potential to host a very large gold system. Altamira’s recent identification of four high-grade vein structures, locally carrying bonanza gold and silver values, makes this target even more compelling.”

Altamira told investors it plans to conduct a ground induced polarization geophysical survey to better define the limits of altered and mineralized intrusive rock carrying disseminated ahead of drilling in mid-2021.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/943244/altamira-gold-reveals-four-high-grade-gold-and-silver-vein-structures-at-its-apiacas-project-in-brazil-943244.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.