Altamira Gold Receives $6.3 Million Through Exercise of Warrants

Core Insights - Altamira Gold Corp. has successfully raised $6,284,820 through the exercise of share purchase warrants since September 1, 2025, indicating strong shareholder support [1][2] - The funds will be utilized to advance drilling activities in the Cajueiro porphyry gold district in Brazil, aiming to increase mineral resources and explore new target areas [2][5] Company Overview - Altamira Gold Corp. is focused on gold exploration and development in western central Brazil, managing five projects over 100,000 hectares within the Juruena Gold Belt, which has historically produced over 6 million ounces of placer gold [4] - The Cajueiro project includes two gold deposits with NI 43-101 resources: 5.66 million tonnes at 1.02 g/t gold (185,000 oz Indicated) and 12.66 million tonnes at 1.26 g/t gold (515,000 oz Inferred) [4] - The Maria Bonita gold deposit has additional open pit resources of 24.19 million tonnes at 0.46 g/t (357,800 oz Indicated) and 25.64 million tonnes at 0.44 g/t (362,400 oz Inferred) [4] Exploration Potential - Ongoing exploration at Cajueiro suggests multiple porphyry gold systems, enhancing its potential for district-scale development [5] - The region's geological setting and historical alluvial gold production underscore its significant gold endowment and scalability [5]