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Altamira Gold

Gold explorer, with a project stated to be in Kajuero, Cajaiero district.

NoneBrazil — as stated on the recordings

explorer gold NoneBrazil
Sep 2025 → May 2026Covered
7 of 10Topics on record
3Figures tracked over time
1 executiveNamed on the record
Generate Claims & Checks What management and commentators said, and what still needs independent verification 3 interviews with the company
Stage
Explorer
Primary commodity
Gold
Jurisdiction
Kajuero, Cajaiero district
Deposit
porphyry
Latest appearance
20 May 2026
On record
3 interviews · 66 statements · 1 executive

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

What is in the ground
720,000 ounces
Management-stated Mike Bennett May 2026
Grade
0.3 grams per ton
Management-stated Mike Bennett May 2026
What happens next
small-scale mining operation and exploration working sometime during 2027
Management-stated Mike Bennett May 2026
The main open question
Management has drilled less than 6,000 meters total into Maria Bonita despite 15 years of work since 2007, leaving grade distribution and resource expansion unproven at scale.
Weighed from the statements below, not our opinion of the company.
Our reading

How the stated figures have moved

The same figure, as management put it on the earliest and the latest recording we hold. A difference may be a genuine update, a different measure of the same thing (total against indicated), or a mis-heard number — both quotes are here, and both recordings are one click away.

Grade 0.4 g/t0.3 g/t ● Lower 2 statements on record
21 Oct 2025
0.4 grams per ton average over 395.5m interval in hole 32
“we get 395.5 m of point4 gram per ton”
20 May 2026
0.3 grams per ton
“in some of the deeper the holes, we've got uh lower grades of.3 grams”
Resource size ? Stated at several levels 8 statements on record — these are the earliest and the latest, not a trend 8 statements on record
15 Sep 2025
720,000 ounces
“with 4,500 m of drilling, we've discovered a porefree and part of that has given us 720,000 ounces”
20 May 2026
700,000 ounces
“Kajuero is our central area um which has 700,000 ounces in its resource”
Ownership ? Wording changed One statement carries no figure to compare 4 statements on record
15 Sep 2025
management/family around 10%
“Ourselves as management uh my family um we hold a significant portion as well around about 10% of the company”
20 May 2026
Tavi Costa joined board, formerly of Crescat Capital
“you guys had a former Crescat member, Tabby Costa, who recently started his own fund. uh he's joined uh your board.”

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Altamira Gold's own claims across 3 interviews — most-covered theme first.

What outside voices pick up on

No independent commentary on record yet — so far the page carries only the company's own voice.

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says Maria Bonita and the central area now hold 1.42 million ounces combined, with the flagship showing 395.5 m of 0.4 g/t in hole 32—more than doubling known depth and suggesting "much much much more blue sky" remains.

What it rests on
Evidence: 3 moments from 1 interview
Read the full case

Management says Maria Bonita and the central area now hold 1.42 million ounces combined, with the flagship showing 395.5 m of 0.4 g/t in hole 32—more than doubling known depth and suggesting "much much much more blue sky" remains. A board meeting in June will greenlight the second half's drilling, with small-scale production and economics targeted for 2027, backed by land access in Brazil and Crescat Capital as major shareholder.

▼ Bear case

Management has drilled less than 6,000 meters total into Maria Bonita despite 15 years of work since 2007, leaving grade distribution and resource expansion unproven at scale.

What it rests on
Evidence: 3 moments from 2 interviews
Read the full case

Management has drilled less than 6,000 meters total into Maria Bonita despite 15 years of work since 2007, leaving grade distribution and resource expansion unproven at scale. The 0.4 g/t average holds a single 5.96 g/t sample among 400 others, and deeper grades drop to 0.3 g/t; the footprint remains just 800 m × 600 m. No independent view or financing secured for the 2027 production target.

◆ Watch next

Drilling results over the next six months (targeting five of 11 regional targets and 4–5,000 meters in the central area).

What it rests on
Evidence: 3 moments from 2 interviews
Read the full case

Drilling results over the next six months (targeting five of 11 regional targets and 4–5,000 meters in the central area). June board decision on second-half drilling. Updated resource and economics for a small-scale 1,000 ton/day plant within 12 months. Three regional targets drilled in the next 2–3 months.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 43 statements

The deposit 25

Key takeaway. Management describes the deposit as a porphyry system and reports 720,000 ounces at Mario Bonita and 700,000 ounces in the central area, for a combined 1.42 million ounces (October 2025).

Read the full summary

By September 2025 the company had cited 1.4 million ounces total, and in May 2026 management gave a resource figure of 700,000–720,000 ounces at a grade of 0.3 grams per ton. The company notes significant exploration upside, including 11 targets similar to Mario Bonita, a 28,000-hectare land package, and a 15-kilometer east-west extension, with drilling planned on at least five of the 11 targets in the next six months (October 2025). Management has also pointed to a conceptual estimate of 1.5 million ounces in a single 350m × 350m × 350m block and described the potential as having "much much much more blue sky" (May 2026).

What was actually said
deposit type
porphyry
“This isn't a pfrey which was found in the Andes which is fairly recent.”
Mike Bennett· 20 May 2026·
exploration upside
several million ounces
“I really believe just Mario Bonita could be um several million ounces.”
Mike Bennett· 20 May 2026·
exploration upside
much much much more blue sky
“this leads us to believe that we have much much much more blue sky than we'd uh originally thought”
Mike Bennett· 20 May 2026·
Show the other 22 statements
grade
0.3 grams per ton
“in some of the deeper the holes, we've got uh lower grades of.3 grams”
Mike Bennett· 20 May 2026·
resource size
720,000 ounces
“Maria Bonita which presently has 720,000 ounces in its resource.”
Mike Bennett· 20 May 2026·
resource size
700,000 ounces
“Kajuero is our central area um which has 700,000 ounces in its resource”
Mike Bennett· 20 May 2026·
deposit type
porphyry
“this is a a pfrey. It's a very old porefree. It's 1.7 billion years old.”
Mike Bennett· 21 Oct 2025·
exploration upside
28,000 hectares in property package
“we've got 28,000 hectares in our property property package”
Mike Bennett· 21 Oct 2025·
exploration upside
About 15,000 meters drilled in central area
“we've drilled about 15,000 mters into the central area”
Mike Bennett· 21 Oct 2025·
exploration upside
Less than 6,000 meters drilled in Mario Bonita to date
“we've only drilled to date just over maybe less a bit less than 6,000 meters into uh into Maria Bonita”
Mike Bennett· 21 Oct 2025·
exploration upside
Drilling on at least five of 11 identified targets in next six months
“It will be drill on at least five of those 11 targets that we've identified within the the property package”
Mike Bennett· 21 Oct 2025·
exploration upside
11 targets similar to Mario Bonita identified
“We find in total 11 targets which we believe are similar targets to Maria Bonita”
Mike Bennett· 21 Oct 2025·
exploration upside
Estimated 1.5 million ounces in 350m x 350m x 350m block at 2.64 density
“If you took a block of rock 350 m across by 350 m across by 350 m depth, and you use the density of the rock that we're using, 2.64, 64. The contained gold in that block of rock is almost 1.5 million ounces”
Mike Bennett· 21 Oct 2025·
grade
0.4 grams per ton average over 395.5m interval in hole 32
“we get 395.5 m of point4 gram per ton”
Mike Bennett· 21 Oct 2025·
resource size
700,000 ounces in central area
“the central area by the way just to remind people is 7 kilometers away from Mario Bonita has a resource of 700,000 ounces”
Mike Bennett· 21 Oct 2025·
resource size
720,000 ounces in Mario Bonita
“we've now published 720,000 ounces uh to date in Mario Bonita”
Mike Bennett· 21 Oct 2025·
resource size
1.42 million ounces combined between Mario Bonita and central area
“So we've got a combined resource between the two areas which is in our project package of 1.42 million ounces”
Mike Bennett· 21 Oct 2025·
deposit type
porfyry
“we've discovered a porefree and part of that has given us 720,000 ounces”
Mike Bennett· 15 Sep 2025·
exploration upside
central area resource target of plus a million ounces
“we'd like to uh increase our resource there from 700,000 ounces to plus a million if that's possible”
Mike Bennett· 15 Sep 2025·
exploration upside
15 kilometers east west extension
“It's 15 kilometers east west and we've got these nine targets all sitting within our mining claim”
Mike Bennett· 15 Sep 2025·
exploration upside
nine new regional targets
“we've also discovered nine new regional targets which add to those two 43101 resources that we have”
Mike Bennett· 15 Sep 2025·
exploration upside
28,000 hectares land package
“It's a very large land package, 28,000 uh hectares in size”
Mike Bennett· 15 Sep 2025·
resource size
720,000 ounces
“with 4,500 m of drilling, we've discovered a porefree and part of that has given us 720,000 ounces”
Mike Bennett· 15 Sep 2025·
resource size
700,000 ounces
“our resource on the central area of 700,000 ounces was calculated at $1,500 an ounce gold”
Mike Bennett· 15 Sep 2025·
resource size
1.4 million ounces
“1.4 million ounces now in total in Kashu”
Mike Bennett· 15 Sep 2025·

Jurisdiction 10

Key takeaway. Management says the company's project is located in Brazil, though they have described the region differently over time: in September 2025 they referred to the Alta Floresa gold belt, in October 2025 to central western Brazil on the border…

Read the full summary

between Matagroso and Parah, and in May 2026 to the Kajuero, Cajaiero district. The company reports the project is 100% owned by Altamira Gold and sits 100 km from Altos Foresta with a power line running through it (October 2025). On community agreements, management states they bought a farm covering 409 hectares at Maria Bonita and have a 25,000-hectare land package with power line and road access (May 2026).

What was actually said
community agreement
25,000 hectares land package with power line and road access
“we've got such a large land package 25,000 hectares we've got 15 kilometers within that land package”
Mike Bennett· 20 May 2026·
community agreement
bought the farm which covers Maria Bonita, 409 hectares of land
“We bought the farm which covers Maria Bonita which is 409 hectares of land.”
Mike Bennett· 20 May 2026·
country
Brazil
“We also talk about the game plan for the next 12 months, and what investors should be watching as the company continues to drill in Brazil”
Mike Bennett· 20 May 2026·
Show the other 7 statements
region
Kajuero, Cajaiero district
“You know Kajuero is our central area um which has 700,000 ounces in its resource”
Mike Bennett· 20 May 2026·
country
Brazil
“Kajuero just to remind uh viewers is in central western Brazil”
Mike Bennett· 21 Oct 2025·
permit status
100% owned by Altamira Gold
“It's a porefree district and it's 100% owned by Alameira Gold”
Mike Bennett· 21 Oct 2025·
permit status
Located 100 km from Altos Foresta, power line running through project
“It's on a road from the city of Altra Foresta 100 kilometers away one and a half hours from Alter Foresta. It's got a power line running right through it”
Mike Bennett· 21 Oct 2025·
region
central western Brazil on border between Matagroso and Parah
“Kajuero just to remind uh viewers is in central western Brazil uh right on the uh border of the states between Matagroso and Parah”
Mike Bennett· 21 Oct 2025·
country
Brazil
“the project Kajuero is in central western Brazil”
Mike Bennett· 15 Sep 2025·
region
Alta Floresa gold belt
“you guys are focused on the Alta floor esta gold belt”
Mike Bennett· 15 Sep 2025·

Technical risk 8

Key takeaway. Management describes a large, near-surface technical target for Altamira Gold.

Read the full summary

The porphyry is about 1.7 to 1.8 billion years old (claims from Sep 2025 and May 2026), with mineralization at surface and a footprint of about 800 m by 600 m (May 2026). The company reports that the longest intercept drilled, Hole 32, returned 395.5 m of 0.4 grams per ton gold, with the highest grade sample in that interval being 5.96 grams per ton (Oct 2025). Management assumes the rock is homogeneously mineralized with no high-grade samples and reports plus 90% recovery with cyanide leach (Oct 2025).

What was actually said
key assumption
1.8 billion years old
“This is 1.8 billion years old.”
Mike Bennett· 20 May 2026·
stated risk
footprint about 800 m by 600 m
“the footprint that we've got in in uh the geoysics right now is about 800 m by 600 m.”
Mike Bennett· 20 May 2026·
key assumption
rock is homogeneously mineralized with no high-grade samples
“It demonstrates you got a rock which is extremely evenly mineralized”
Mike Bennett· 21 Oct 2025·
Show the other 5 statements
key assumption
Hole 32: 395.5 m of 0.4 grams per ton gold
“we drill our first deep hole uh which was hole 32. And we get um four we get 395.5 m of point4 gram per ton”
Mike Bennett· 21 Oct 2025·
key assumption
Longest intercept drilled; doubles vertical depth of known mineralization
“It's a very long intercept. So it's the longest hole we've ever drilled. It more than doubles almost doubles the vertical depth of mineralization we knew about”
Mike Bennett· 21 Oct 2025·
key assumption
Highest grade sample in 395.5m interval was 5.96 grams per ton
“the highest grade was 5.96 grams per ton. And that was the only high-grade sample in the suite of those 400 samples”
Mike Bennett· 21 Oct 2025·
recovery rate
plus 90% recovery with cyanide leach
“using a cyanide leech, using an agitated cyanide leech, we can get plus 90% of our gold out”
Mike Bennett· 21 Oct 2025·
key assumption
porfyry is 1.7 billion years old, mineralization at surface
“We've got a very old pfrey, 1.7 billion years old. And the result of that is that that overbearing rock, those two 300 meters, has all been eroded away.”
Mike Bennett· 15 Sep 2025·

Timeline 15 statements

Timeline 15

Key takeaway. Management has updated the timeline for its projects over several interviews.

Read the full summary

In October 2025, the company noted an initial resource was published that year for Mario Bonita, a third drill campaign had started about two months earlier, and results were expected over the following six months, with three more regional targets to be drilled in the next two to three months. A September 2025 interview added that a 720,000-ounce resource had been published that year, one drill hole was completed about a month earlier, and 4,000 meters of deep drilling at Maria Bonita was planned for the year. Looking ahead, management stated in May 2026 that a board meeting in June would decide on the second half of the year, and milestones over the next 12 months include an updated resource and economics for a small-scale plant, drilling between 5,000 and 15,000 meters, and a small-scale mining operation expected sometime during 2027.

What was actually said
milestone
small-scale mining operation and exploration working sometime during 2027
“I'd like to have both of those uh working sometime during 2027.”
Mike Bennett· 20 May 2026·
milestone
updated resource and economics for small-scale plant in next 12 months
“I'd like to have an updated resource and I'd like to have the economics and the um at least the green light”
Mike Bennett· 20 May 2026·
milestone
drill between 5 and 15,000 meters in the next 12 months
“we'll drill between uh five and 15,000 mters uh in the next 12 months.”
Mike Bennett· 20 May 2026·
Show the other 12 statements
milestone
board meeting in June to decide on the second half of the year
“We'll have a a board meeting in June to decide on the second half of the year.”
Mike Bennett· 20 May 2026·
milestone
Third drill campaign started about two months ago
“we start the third drill cap campaign uh about two months ago”
Mike Bennett· 21 Oct 2025·
milestone
4-5,000 meters planned drilling on central area
“So, we'll be between four and 5,000 meters to also grow that central area resource”
Mike Bennett· 21 Oct 2025·
milestone
Results coming in over next six months
“you'll see results coming in right the way through the next six months”
Mike Bennett· 21 Oct 2025·
milestone
Three more regional targets to be drilled in next two to three months
“we will uh snag another three of those regional targets in the next two or three months”
Mike Bennett· 21 Oct 2025·
milestone
Hole 32 is 550m deep
“hole 32 uh is our deepest hole to date was if I remember correctly was about 400 uh 450 m deep sorry 550 m deep”
Mike Bennett· 21 Oct 2025·
milestone
First drill hole in 2007; first primary porphyry discovery in 2022
“We drilled the first holes in 2007 with a a small junior uh made a discovery hole”
Mike Bennett· 21 Oct 2025·
milestone
Initial resource published in 2025 for Mario Bonita
“And that has gone from a very early stage in 2022 to a resource an initial resource in 2025”
Mike Bennett· 21 Oct 2025·
milestone
720,000 ounces resource published this year
“the resource on Maria Bonita the 720,000 ounces was actually published this year”
Mike Bennett· 15 Sep 2025·
milestone
one drill hole completed about a month ago, results released two weeks ago
“We've just drilled one drill hole since then. We drilled this about a month ago. Uh we released this two weeks ago.”
Mike Bennett· 15 Sep 2025·
milestone
drilling 4,000 meters into Maria Bonita deep drilling this year
“We were going to be drilling probably this year 4,000 mters of drilling into that deep drilling”
Mike Bennett· 15 Sep 2025·
milestone
drilling five of nine regional targets in 2025
“we intend to drill at least five of them in 2025”
Mike Bennett· 15 Sep 2025·

Corporate 8 statements

Management 1

What was actually said
team experience
Dr. Richard Silito helping unravel geological porphyry
“we have to take our hat off to and say thank you to Dr. Richard Silito”
Mike Bennett· 20 May 2026·

Share structure 5

Key takeaway. Management reports approximately 265 million shares outstanding as of September 2025.

Read the full summary

The company notes several insider stakes at that time: Crescat held 16%, Aura Minerals held 11%, and management and family together owned around 10%. Additionally, Tavi Costa—formerly of Crescat Capital—joined the board in May 2026, further aligning insider interests.

What was actually said
insider stake
Tavi Costa joined board, formerly of Crescat Capital
“you guys had a former Crescat member, Tabby Costa, who recently started his own fund. uh he's joined uh your board.”
Mike Bennett· 20 May 2026·
insider stake
management/family around 10%
“Ourselves as management uh my family um we hold a significant portion as well around about 10% of the company”
Mike Bennett· 15 Sep 2025·
insider stake
Crescat 16%
“So Crescat has 16% of the company”
Mike Bennett· 15 Sep 2025·
Show the other 2 statements
insider stake
Aura Minerals 11%
“We have since 2023 Aura Minerals who h hold 11% of our company”
Mike Bennett· 15 Sep 2025·
shares outstanding
265 million shares
“I see that there's 265 million shares outstanding”
Mike Bennett· 15 Sep 2025·

Market 2

Key takeaway. Management says the company is pursuing a strategy of small-scale production at 1,000 tonnes a day, targeting a minimum of 10,000 ounces per year by May 2026.

Read the full summary

The company also reports that Crescat Capital has invested as a major shareholder, a development they flagged in October 2025.

What was actually said
strategic interest
small-scale production of 1000 ton a day, 10,000 ounces minimum per year
“I'd like to have a thousand ton a day plants and I'd like to be producing let's say 10,000 uh minimum ounces a year”
Mike Bennett· 20 May 2026·
strategic interest
Crescat Capital has invested as major shareholder
“Post 2021 when um we got Crescat in as major shareholders of the company”
Mike Bennett· 21 Oct 2025·

Sources 3 interviews

Every interview 3

DateChannelInterviewStatements
20 May 2026 The Deep Dive Higher Gold Prices Are Changing What Counts as a Real Discovery | Mike Bennett - Altamira Gold 19
21 Oct 2025 The Deep Dive A Gold District Hidden in Plain Sight!? | Michael Bennett - Altamira Gold 28
15 Sep 2025 The Deep Dive Majors Don’t Want to Be Left Out of This Gold Run | Mike Bennett - Altamira Gold Corp 19

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

gold 2
anglo american 1
aura minerals 1
cajueiro 1
crescat capital 1
gold (xau/usd) 1
maria bonita 1
tavi costa 1

Questions people ask

What is Altamira Gold's project and where is it?

Altamira Gold is a explorer gold company, with a project stated to be in Brazil. Everything here is drawn from its executives' own interviews.

Which interviews mention Altamira Gold?

We track 3 interviews mentioning Altamira Gold, across 1 channel (The Deep Dive).

What are investors saying about Altamira Gold?

No independent commentary is on record yet — so far the page carries only the company's own voice.

What do recent interviews with Altamira Gold cover?

The most-discussed topics on record are the deposit, timeline, jurisdiction, technical risk — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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