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Altamira Gold Corp V.ALTA

Alternate Symbol(s):  EQTRF

Altamira Gold Corp. is focused on the exploration and development of gold and copper projects within western central Brazil. It holds six projects comprising approximately 190,000 hectares, within the prolific 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

Bullboard Posts
Post by scotton Aug 19, 2015 2:04am
212 Views
Post# 24030463

The Multi-Billion-Dollar-Question: Why?

The Multi-Billion-Dollar-Question: Why?The Multi-Billion-Dollar-Question: Why?

“Due to the nature of the beast, exploration for nickel sulphides is heavily reliant on geophysics, in particular electromagnetic methods. There are no large detectable multi-km alteration halos as present in porphyry, VMS and other mineralized systems. Even weak one line AEM responses can be the signature of buried economic mineralization. Careful consideration of all anomalies is a must. Garland is not really an “old” or mature property in terms of nickel exploration, having been the intermittent focus of attention for some 20 years. For example, significant discoveries in Sudbury using state-of-the-art geophysical methods continue to be made on properties first evaluated in the early 1900’s. Previous work at Garland partially evaluated the near-surface, down to a maximum depth of about 75m for significant conductivity. Past exploration includes one short drill hole completed in the very northern part of the property, to map the geology. VTEM provides the next window, an order of magnitude deeper depth detection. This depth slice if you will is entirely consistent with our exploration model of Voisey’s style and age mineralization being covered by sheet-like intrusions of the younger ferrodiorite event. This model is supported by the geology I have observed in the region and on the property.“

(Everett Makela, VP Exploration of Equitas Resources Corp.)
Bullboard Posts