From The Precious Metals Summit Beaver Creek, Michael Bennett, President and CEO of Altamira Gold Corp. (TSXV: ALTA), joins us to discuss the rapid expansion of the Maria Bonita gold resource and the larger district-scale opportunity surrounding it.
Michael explains how just 12 drill holes added more than 600,000 ounces, increasing Maria Bonita’s resource from 720,000 ounces to more than 1.3 million ounces. We also discuss the new Maria Bonita West discovery, plans to add more drill rigs, and Altamira’s goal of proving more than three million ounces around the Maria Bonita system.
The conversation also covers the impact of higher gold prices on lower-grade deposits and why Altamira believes the wider Cajueiro district contains multiple mineralized systems with Tier 1 potential.
