Target(US:TGT) Newsfile·2024-08-07 10:30Core Insights - Altamira Gold Corp. has provided an update on exploration activities at the Cajueiro and Apiacas projects, highlighting significant gold mineralization results from recent drilling and surface sampling [1][2][3]. Cajueiro Project - The Cajueiro project is located approximately 75 km NW of Alta Floresta, Brazil, and is the most advanced project of Altamira, with NI 43-101 resources of 5.66 million tonnes at 1.02 g/t gold (totaling 185,000 ounces) in the Indicated Resource category and 12.66 million tonnes at 1.26 g/t gold (totaling 515,000 ounces) in the Inferred Resource category [4][5]. - Recent drilling at the Maria Bonita discovery returned results of 32.7 meters at 0.53 g/t gold in hole MBA030 and 46.5 meters at 0.50 g/t gold in hole MBA031, confirming consistent gold mineralization from surface [1][7][9]. Apiacas Project - The Apiacas project, located approximately 120 km NW of Alta Floresta, has shown promising results from surface sampling at the Casa Branca target, with ten grab samples averaging 14.5 g/t gold, including high-grade values of 69 g/t and 52 g/t [2][11]. - The mineralization at Casa Branca is characterized by sericite-altered porphyritic intrusive host rocks, similar to the Mutum target located 10 km to the west [2][11]. Future Plans - The company plans further mapping and sampling at the Casa Branca target to define potential zones for reconnaissance drilling, while ongoing analysis of the three-dimensional geological model at Maria Bonita aims to identify additional mineralization zones [3][12].