Altamira Gold Corp. announces commencement of drill program at Cajueiro Project, Brazil
www.altamiragold.com | TSXV: ALTA
1500 - 409 Granville Street, Vancouver, BC V6C 1T2
TEL +1 604 676 5660
Altamira Gold Corp. announces commencement of
drill program at Cajueiro Project, Brazil
June 15, 2017 – Altamira Gold Corp. (T SXV: ALTA) (FSE: T6UP) (USA: EQTRF),
formerly Equitas Resources Corp. (“Altamira” or the “Company”) is pleased to announce that it
has commenced the planned program of drilling at the Cajueiro project located in western Brazil.
A series of diamond drill holes are planned on seve ral soil anomalies at Cajuiero in the Baldo
and Morro Verde target areas which together constitute the bulk of the existing resource (as
detailed below). The current drill program will be directed outside of the current resource in an
effort to track down the source of those gold-in -soil anomalies and expand the current NI 43-101
resource.
Drilling rig on location at Cajueiro:
The trenching program at Cajuiero is now co mplete with a total of 1200m of mechanical
trenching completed on the property. Results ar e currently pending on a number of samples.
This program is assisting with the siting of drill holes.
The Company also announces that it has receive d and accepted the resignation of Mr. Kyler
Hardy as Chairman and a Director of the Company. Kyler will turn his full-time attention to a
number of Canadian projects that he is currently involved with. Mr. Carter stated: “We wish to
thank Kyler for his contributions to Altamira Gold Corp. during his time with the Company, and
wish him well in his future endeavors” The board of Altamira Gold Corp. will meet shortly to
consider the options for Kyler’s succession.
About Altamira Gold Corp.
The Company is focused on the exploration and development of gold deposits within western
central Brazil. The Company holds 12 projec ts comprising approximately 200,000 hectares,
within the prolific Juruena gold belt which hist orically produced an es timated 7 to 10Moz of
placer gold. The Company’s advanced Cajueiro project has an NI 43-101 compliant resources of
8.64Mt @ 0.77 g/t Au (for 214,000oz) in the Indicated Resource category and 9.53Mt @ 0.66 g/t
Au (for 282,000oz) in the Inferred Resource cate gory and an additional 1.37Mt @ 1.78 g/t Au in
oxides (for 78,400oz in saprolite) in the Inferred Resource category.
On Behalf of the Board of Directors,
ALTAMIRA GOLD CORP.
“Alan Carter”
Alan Carter
President & CEO
Tel: 604.676.5660
Everett Makela, P. Geo., a consultant to the Com pany as well as a Qualifie d Person as defined by
National Instrument 43-101, supervised the preparation of the technical information in this news release.
Neither TSX Venture Exchange nor it Regulation Services Pr ovider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Statements in this document which are not purely hi storical are forward-looking statements, including
any statements regarding beliefs, plans , expectations or intentions regardi ng the future. It is important to
note that actual outcomes and the Company’s actual resu lts could differ materially from those in such
forward-looking statements. Except as required by law, we do not undertake to update these forward
looking statements.