Altamira Gold (TSXV: ALTA; US-OTC: EQTRF) wrapped up this year’s trenching program at its Cajueiro gold project in Brazil by discovering two new gold-bearing structures on the northern end of its Matrincha target, just south of its Baldo target.
Until the start of 2017, Altamira had focused on the project’s Crente zone, which hosts Cajueiro’s entire indicated resource and most of its inferred resource.
In sulphides, the project contains 8.64 million indicated tonnes grading 0.78 gram gold per tonne for 214,000 oz. gold, as well as 9.53 million inferred tonnes at 0.66 gram gold for 204,000 oz. gold. It contains an additional 79,000 inferred oz. gold in oxides.
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