May 2018 Corporate Presentation www.altamiragold.com TSX.V: ALTA | Frankfurt: T6UP | US: EQTRF
Forward Looking Statement Certain statements contained in this presentation constitute forward-looking statements. These statements relate to future events or the Corporation's future performance, business prospects or opportunities. All statements other than statements of historical fact may be forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect, "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. The Corporation believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These statements speak only as of the date specified. The Corporation does not intend, and does not assume any obligation, to update these forward-looking statements. These forward-looking statements involve risks and uncertainties relating to, among other things, results of exploration activities, uninsured risks, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, changes in commodity and, particularly, gold prices, actual performance of facilities, equipment and processes relative to specifications and expectations and unanticipated environmental impacts on operations. Actual results may differ materially from those expressed or implied by such forward-looking statements. TSXV: ALTA 2 www.altamiragold.com
Summary • Management - 4 gold discoveries in Brazil with NI 43-101 compliant resources, Cajueiro, Coringa, Cuiu Cuiu and Tocantinzinho and Puquio North in Bolivia. Founders of Magellan, Serabi Gold, Meridian Mining • Focus - 12 license areas in Brazil which are 100% owned comprising +200,000ha in prolific Juruena gold belt (7-10Moz of artisanal gold production) • Resource - Advanced Cajueiro project has a NI 43-101 resource of Indicated Resources of 214,000oz Au and Inferred Resources of 204,000oz Au and an additional 79,000oz in oxides (as Saprolite). Three new zones discovered mid-2017 with trenching results of 29m @ 3.03g/t gold at Baldo East • Emerging copper belt – in September 2017, Anglo American & Nexa Resources staked 3M Ha for copper throughout the Juruena belt • Share structure - 48.6M shares issued TSXV: ALTA 3 www.altamiragold.com
Management Michael Bennett – President & CEO, Director Geologist, +30 years mining experience (23yrs in South America, Brazilian resident). Directly responsible for Cajueiro, Coringa, and Puquio North gold discoveries (Brazil & Bolivia) Alan Carter – Chairman, Director 30 years experience. Ex-Rio Tinto and BHP Billiton. Founder of Magellan Minerals (acquired by Anfield Gold in May 2016). Chairman of Fremont Gold. Director of Peregrine Diamonds, Cabral Gold and Blackrock Gold Michael O’Brien - CFO Chartered Accountant, +30 years experience including 11 years of experience as CFO of TSX and TSXV- listed junior mining companies, including Golden Predator Mining Corp. Sèrgio Amaro Aquino - General Manager, Brazil +35 years of experience in Brazilian mining sector. Proven track record. Co-founded Serabi Gold Plc and was responsible for construction of Palito underground mine Sean Kingsley – VP, Corporate Development 11 years experience within the mineral exploration & development industry. Has a grass-roots network, strong understanding of financial markets & experience in utilizing diverse methods for communications. TSXV: ALTA 4 www.altamiragold.com
Directors Chris Harris – Director Chartered accountant. Former CEO Altamira Gold and Alta Floresta Gold. 30 years in energy, commodity trading and mining finance (Ernst & Young, CIBC, Enron UK, BHP Billiton) Ioannis (Yannis) Tsitos – Independent Director Currently President and Director of Goldsource Mines. Over 26 years experience in the mining industry, spent 19 years with BHP Billiton. Physicist-geophysicist, has been instrumental in identification, negotiation and execution of numerous agreements with juniors, majors etc. Ian Talbot – Independent Director Currently President, CEO and Director of Arcus Development Group. Over 25 years experience in the mineral exploration industry as both a lawyer and an exploration geologist. Geologist – worked with both junior and major resource companies. Lawyer – practiced exclusively in areas of mining and securities law in private practice and as in-house counsel with BHP Billiton World Exploration TSXV: ALTA 5 www.altamiragold.com
Corporate Structure $0.18 cents/share Shares O/S 48.6M Warrants 26.8M Options 3.5M Fully Diluted 78.9M $0.18 CAD May 3 Market Cap $8.75M $0.14/$0.35 52 week low/high TSXV: ALTA 6 www.altamiragold.com
Regional Location Alta Floresta/Juruena Belt • Significant historic small scale gold production from district • Approximately 7-10M oz produced in the 80- 90’s gold rush from the streams • Two deposits identified thus far, Cajuiero and Juruena (Crusader) • First phase drilling completed on 5 projects; Cajueiro, Colider, Carlinda, Nova Canaa and Crepori TSXV: ALTA 7 www.altamiragold.com
Infrastructure • Regional land use is mainly for cattle ranches and cattle grazing • Extensive network of power lines and roads • Rio Teles Pires hydro project recently completed construction 22km west of Typical view of Juruena region Cajueiro (see previous map). Grid power during mid-2018 • Daily flights to town of Alta Floresta on Azul Airlines with connections to Sao Paulo etc. Teles Pires hydro electric project 22km west of Cajuiero. Capacity of 1,820 MW TSXV: ALTA 8 www.altamiragold.com
Cajueiro – Flagship Project • Historic placer gold workings previously produced +250,000oz Au. Project area is 39,053 Ha with mining licenses granted • 14,367m of drilling and 105 drill holes completed to date. 2,878m of trenching completed during 2017 • NI 43-101 compliant resource based on 11,292m of drilling – 8.64Mt at 0.77g/t Au (for 214,000oz) of Indicated resources and 9.53Mt at 0.66g/t Au (for 204,000oz) in the Inferred resource category and additional 1.37Mt at 1.61g/t in Oxides (for 79,000oz in Saprolite) also in the Inferred category • Three new high-grade zones discovered at Baldo East during late 2017 including mineralized trench intersections of 6m @ 21.74g/t, 7m @ 5.53g/t + 29m @ 3.03g/t, & 2m @ 8.30 g/t gold • Soil sampling has identified 10 gold anomalies of which 4 have been only partially drill tested. Further trenching and drilling planned for 2018 TSXV: ALTA 9 www.altamiragold.com
Cajueiro Upside Cajueiro Morro Verde Maria Bonita Baldo Tavares Norte Baldo East Marines Matrincha Novo Sonho Crente Toninho Sossego Area of detail • Existing Resources are largely confined to Crente, Baldo and Marines zones • Approximately 80% of the currently known soil anomalies are untested by drilling TSXV: ALTA 10 www.altamiragold.com
Cajueiro Project Area of detail TSXV: ALTA 11 www.altamiragold.com
Cajueiro Project – Baldo East Extensions TSXV: ALTA 12 www.altamiragold.com
Cajueiro – Metallurgy and Permitting • Metallurgical testing conducted in 2016 returned gold recovery rates of 93.7% to 96.2% from gravity and cyanide leaching • Altamira has a permit to mine at Cajueiro through a Trial Mining License which has been granted. Baldo East zone exposed in trench TSXV: ALTA 13 www.altamiragold.com
Juruena – South America’s next major copper belt? • Anglo American are rumored to have made a significant discovery of porphyry copper mineralization at the Jaca Target on eastern part of belt. Six rigs are currently operating • Anglo American and Nexa Resources (Votorantim) have staked 3 Million Ha since September 2017 • Elevated copper values have been returned from the reanalysis of drill core at several of Altamira’s copper projects including Colíder which returned 4.1m @ 1.05% Cu and 18.59g/t Au and Firminho. Copper values of +1% Cu have recently been returned from surface grab samples at Apiacas Outcropping stockwork mineralization at Jaca TSXV: ALTA 14 www.altamiragold.com
Alta Floresta/Juruena Belt – Prior Sept. 2017 TSXV: ALTA 15 www.altamiragold.com
Alta Floresta/Juruena Belt – Post Sept. 2017 TSXV: ALTA 16 www.altamiragold.com
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