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Altamira Gold Corp V.ALTA

Alternate Symbol(s):  EQTRF

Altamira Gold Corp. is a Canada-based company focused on the exploration and development of gold projects in central Brazil. The Company holds six projects comprising approximately 190,000 hectares (ha), within the Juruena gold belt. Its Cajueiro Project comprises a large land package (28,557 ha) and is located in the Alta Floresta Gold Belt, a Proterozoic calc-alkaline volcanic arc, which includes medium to high-grade metamorphic crustal segments. Its Santa Helena project is located approximately 60 kilometers (km) southwest of Anglo American’s porphyry copper discovery at Jaca. Its Apiacas project comprises a package of properties covering seven main target areas which constitute the Apiacas district. The Apiacas project is located about 50 km west of Cajueiro project within the Alta Floresta Belt, an 82,000 ha land package. Its other projects include Colider, Nova Canaa and Porta Aberta. The Porta Aberta project is located approximately 13 km south-southwest of the Cajueiro project.


TSXV:ALTA - Post by User

Comment by JinFeinon Oct 16, 2020 6:04pm
71 Views
Post# 31732842

RE:RE:RE:RE:RE:RE:Still no money from Metalstream...

RE:RE:RE:RE:RE:RE:Still no money from Metalstream...
shneps wrote: Excellent points Jin Fein.
Guyana Goldstrike is screwed and can't put two nickels together. They may be better off promoting a financing based funding required to sue Metalstream for the $9 million dollar promissary note. $2.5M in debt and no properties it may be their best avenue to move forward.


That's another good point shneps.

Recent changes to the law allow litigation funding in Canada

This means that the race may not be over for Guyana yet, they wouldn't even have to raise the money themselves, just convince a litigation funder that Metalstream (or perhaps Canamex, since it's their GoldUSA tokens staking the deal) has an asset worth fighting over.
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