Altamira Gold

What Altamira Gold does

Altamira Gold Corp. is a junior mineral exploration company focused on the gold and copper potential of the Alta Floresta Gold Belt in Brazil. The company holds a strategic land position of over 100,000 hectares across two main projects: the flagship Cajueiro Project (encompassing the Cajueiro Central and Maria Bonita deposits) and the Apiacas Project. Altamira's core technical capability is systematic exploration methodology that traces historical alluvial gold sources to primary hard-rock porphyry deposits, resulting in the discovery of Brazil's first preserved gold-bearing porphyry system at Maria Bonita. As of 2025, the company has defined NI 43-101 compliant resources of 542,800oz Indicated and 877,400oz Inferred gold across the Cajueiro district, with 94-96% gold recovery demonstrated in metallurgical testing.

The company is pre-revenue and does not generate product revenue. Its business model is capital-intensive exploration funded entirely through equity raises, including non-brokered private placements and warrant exercises. Strategic and institutional investors, notably Crescat Capital LLC and Aura Minerals Inc. (which holds 18.22% post-November 2025 warrant exercises), have provided over $11.5 million in capital in 2025-2026. Altamira is advancing toward potential trial mining, having received multiple environmental permits and bulk sampling licenses. The company is led by a management team with deep South American mining experience, including President & CEO Michael Bennett (30+ years, credited with multiple gold discoveries) and Chairman Dr. Alan Carter (former Rio Tinto/BHP, co-discoverer of the 2Moz Tocantinzinho deposit), with Dr. Richard Sillitoe serving as technical advisor. Shares trade on the TSX Venture Exchange (ALTA), Frankfurt Stock Exchange (T6UP), and OTCQB (EQTRF).

Name

Altamira Gold

Legal name

Altamira Gold Corp.

Website

https://altamiragold.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Altamira Gold Corp. is a junior mineral exploration company that discovers and advances gold projects in Brazil's Alta Floresta Gold Belt, with NI 43-101 resources of 542,800oz Indicated and 877,400oz Inferred at its flagship Cajueiro project, funded entirely through equity capital raises.

Ownership category

akta.pro rank

Product category

Mineral Exploration and Gold Resource Development

NAICS

Gold Ore and Silver Ore Mining (21222)

SIC

Gold And Silver Ores (1040)

akta.pro industry

PRIMARYIMAKAEAI

Precious Metals Exploration & Project Development

Industrials, Manufacturing & Construction/Metals & Mining/Precious Metals Mining & Refining (Gold, Silver, Platinum Group)

Keywords

• Gold exploration
• Mineral exploration
• Porphyry gold deposits
• Junior mining company
• Gold resource development

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Equity Financing: Pre-production exploration company funded entirely through equity capital raises including private placements, warrant exercises, and strategic investments. No current revenue from operations. Future revenue contingent on successful development of mineral resources into producing mines.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Altamira Gold is a junior exploration company focused on the gold and copper potential of Brazil's Alta Floresta Gold Belt. The company holds strategic land positions exceeding 100,000 hectares across three projects, including the flagship Cajueiro Project with two NI 43-101 compliant gold resources (Cajueiro Central and Maria Bonita porphyry deposit) and the Apiacas Project with confirmed bedrock gold mineralization in a historic placer district. The company is funded through equity capital and is advancing discoveries through systematic, cost-effective exploration programs.

Product overview

Altamira Gold is a junior gold exploration company operating a portfolio of projects in Brazil's Alta Floresta Gold Belt. The company's flagship Cajueiro Project encompasses two NI 43-101 compliant gold resources—Cajueiro Central (185,000oz Indicated, 515,000oz Inferred) and Maria Bonita (357,800oz Indicated, 362,400oz Inferred)—alongside eight additional drill-ready porphyry targets. The Apiacas Project provides additional exploration upside with historic production of over 1Moz of placer gold. The company is focused on systematic exploration to advance discoveries through disciplined, cost-effective exploration programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Cajueiro Project Flagship gold project in Brazil's Alta Floresta Gold Belt comprising the Cajueiro Central and Maria Bonita deposits. Cajueiro Central holds NI 43-101 Indicated Resources of 185,000oz @ 1.02 g/t Au and Inferred Resources of 515,000oz @ 1.26 g/t Au. The project includes eight additional drill-ready porphyry targets within an 8km radius, providing significant exploration upside within an interpreted intrusive-related context.
• Maria Bonita Porphyry Gold Deposit Brazil's first preserved gold porphyry discovery, located 7km west of Cajueiro Central. The maiden open-pit resource estimate comprises Indicated Resources of 357,800oz @ 0.46 g/t Au and Inferred Resources of 362,400oz @ 0.44 g/t Au. The deposit remains open to the west, south, and at depth. Subsequent drilling has extended the mineralized system more than 100m below previously tested depths with intercepts including 395.5m @ 0.4 g/t gold.
• Apiacas Project Historic placer gold camp spanning 82,000 hectares in Brazil's Alta Floresta Belt with over 1Moz of historical placer gold production from artisanal and mechanised dredging. Drilling has confirmed disseminated gold mineralization in bedrock over a 4km x 1km area, hosted in hydrothermally altered shear zones, with results including 30.5m @ 0.52 g/t gold and 62m @ 0.32 g/t gold, demonstrating potential for bulk-tonnage targets.
• NI 43-101 Technical Reports Independent technical reporting compliant with National Instrument 43-101 standards for mineral projects, including resource estimates for Cajueiro Central and Maria Bonita deposits prepared by qualified persons. These reports underpin the company's stated mineral resources and provide the technical foundation for capital-raising and potential future partnership or acquisition transactions.

Quantifiable outcome

• NI 43-101 compliant resources of 542,800oz Indicated and 877,400oz Inferred gold
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered standard and major.

• SGS GeosolstandardTechnology or Integration · 28 January 2026SGS Geosol is the primary assay laboratory used for gold analysis of drill samples. Samples are couriered to SGS Geosol in Belo Horizonte, Brazil for fire assay analysis using FAA505 method (50g charge) with higher grade samples checked by FAA525.
• Dr. Richard SillitoemajorOthers · 3 December 2025Dr. Richard Sillitoe, recognized as one of the world's leading authorities on porphyry and epithermal systems, serves as technical advisor to support exploration across the Cajueiro Porphyry Gold District. He has worked with mining companies in over 100 countries and authored over 130 technical papers.

Scale indicators7 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• Mara Rosa Minerals: Brazilian-focused gold developer advancing the Mara Rosa project toward production. Comparable as a single-asset junior developer in Brazil at a similar stage of de-risking its resource base.
• Troy Minerals: Early-stage mineral explorer focused on gold and critical minerals with projects in Brazil. Comparable as a small-cap Brazilian-focused junior at earlier stages of exploration than Altamira.

Broad incumbents

• Aura Minerals: Mid-tier gold producer operating multiple mines in Brazil and a 18.22% strategic shareholder of Altamira. Provides a strategic blueprint and potential acquirer profile, with overlapping geographic focus on Brazilian gold assets.
• G Mining Ventures: Canadian gold miner that owns and operates Tocantinzinho, Brazil's third-largest gold mine. Demonstrates the development path from discovery to production in Brazil and represents potential acquirer of Altamira's assets.
• Hochschild Mining: Mid-tier precious metals producer with operations across the Americas. Relevant as a senior precious metals peer with potential interest in advanced-stage Brazilian gold projects.
• Equinox Gold: Mid-tier gold producer with multiple operating mines in Brazil including the former Tocantinzinho (discovered by Altamira's Chairman). Represents a credible acquirer of advanced-stage Brazilian juniors like Altamira.

Direct peers

• GoldMining Inc. Canadian-listed junior with a portfolio of gold projects across the Americas, including Brazil. Similar business model of acquiring and advancing gold resources through systematic exploration with comparable project-stage economics.
• Serabi Gold: Junior-to-mid-tier gold producer in Brazil (Para state) with operating mines and exploration upside. Altamira's CEO Bennett was responsible for Serabi's Coringa gold discovery, making the companies directly comparable in geography and exploration approach.
• Cabral Gold: Junior gold explorer led by Altamira's Chairman Alan Carter, operating in Brazil with a focus on advancing gold resources. Direct competitor in the same Brazilian gold exploration space with comparable project scale and stage.

Others

• Sunshine Silver Mining & Refining: Precious metals mining and refining company. Comparable as a strategic acquirer/integrator profile for junior precious metals developers and indirectly relevant to gold porphyry systems.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/AltamiraGold
• Facebookfacebook.com/altamiragold

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds4 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Altamira Gold