BLOCK(US:SQ) Newsfileยท2025-02-05 12:30Core Viewpoint - Altamira Gold Corp. has announced positive results from recent trenching at the Cajueiro Central Project, indicating extensions to mineralized structures and confirming higher-grade intercepts, which may lead to significant resource additions [1][2][3]. Group 1: Trenching Results - The trenching program aimed to collect bulk samples for metallurgical testing and identify extensions to the existing Mineral Resource [2]. - Significant results include 17m at 1.46g/t gold, located approximately 200m beyond the current Mineral Resource limit, and additional high-grade intercepts of 6m at 5.12g/t and 4m at 9.50g/t gold [3][10]. - The Baldo A structure is interpreted to extend southwest by at least 350m, with grades and widths comparable to prior drilling within the Mineral Resource [2][12]. Group 2: Cajueiro Project Overview - The Cajueiro project is situated approximately 75km NW of Alta Floresta, Brazil, and is the most advanced of Altamira's three key projects [3][4]. - Current NI 43-101 resources for Cajueiro include 5.66Mt at 1.02g/t gold (185,000 oz in Indicated category) and 12.66Mt at 1.26g/t gold (515,000 oz in Inferred category) [5][20]. - The project has potential for significant resource additions through ongoing trenching and drilling, particularly in the Guillermo and Mombaque target areas [3][21]. Group 3: Future Plans - The 2025 exploration program will include initial scout drilling of three identified intrusive-related targets (Mombaque, Espirro, and Guillermo), along with infill and extension drilling at Maria Bonita [15]. - The company plans to progress metallurgical testwork on both Cajueiro Central and Maria Bonita mineralization [15].