Altamira Gold Corp V.ALTA

Alternate Symbol(s): EQTRF

Metals & Mining Gold

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.

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Altamira Gold Corp

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Comment by MurrayMacon Feb 08, 2016 7:29pm

107 Views

Post# 24537647

RE:EQT

Urbani wrote:
There is $150k a month in gold production in Brazil right now. This will be rapidly upped to $400k a month in two months – and if all goes as planned – be at $CAD 15 million production by November….And word is the gold is in the $500 to $600 range re the cost to get it out of the ground…You do the math on that!

Ok, $500/oz to get it out of the ground, another $600/oz to process it.......and you have a Operating Cost of $1,100/oz.

Your cost of $500 - $600/oz for a back-hoe and gravity plant sounds reasonable. But if you add a CIL [carbon in leach] plant......costs will rise.

Advanced Gold Processing 101

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