Altamira Gold Confirms That the Maria Bonita Discovery Is a Porphyry Gold Deposit

Vancouver, British Columbia–(Newsfile Corp. – June 19, 2024) – Altamira Gold Corp. (TSXV: ALTA) (FSE: T6UP) (OTC Pink: EQTRF), (“Altamira” or the “Company“) is pleased to announce various further initiatives to explore the Cajueiro district in the light of the identification of porphyry hosted gold mineralization at the Maria Bonita discovery.

Highlights:

Field review of the drill core from the Maria Bonita discovery by renowned expert consultant, Dr R. Sillitoe has confirmed the porphyry origin of the mineralization. “Maria Bonita is undoubtedly a porphyry gold deposit as shown by the control of quartz veinlet intensity and gold grade as well as the A-type character of the quartz veinlets”
Dr Sillitoe also notes that “Porphyry systems commonly occur as clusters or alignments so additional examples might be anticipated in the general vicinity of Maria Bonita”
Initial diamond drilling previously reported at Maria Bonita has included the following mineralized intercepts showing the consistency of gold mineralization over wide intervals within the quartz porphyry: 146m @ 1.0g/t gold in MBA029; 50m @ 1.4g/t gold in MBA003; 55m @ 1 g/t gold in MBA 002; 50m @ 1 g/t gold in MBA001 and 53m @ 0.7g/t gold in MBA 022

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