Altamira Gold Corp. announced a significant update to its Maria Bonita gold deposit resource in Brazil, increasing the inferred gold ounces by 150% and indicated ounces by 12% since the maiden estimate in 2025. The updated Mineral Resource Estimate now reports 25 million tonnes at 0.50 g/t gold (403,877 oz) in the indicated category and 70 million tonnes at 0.41 g/t gold (908,477 oz) inferred, with mineralization still open for expansion. This growth enhances the project's potential as a large, open-pittable gold deposit, with ongoing drilling targeting further extensions. The company plans to continue exploration and provide updates as the resource expands.
Altamira Gold's resource update is the subject, with Pluang's Basic Materials sector data providing market context. As of Sep 21, 2026 18:51 WIB, 24 of 34 priced Basic Materials-sector US stocks on Pluang rose while 7 fell. Notable movers include RIO at USD 98.70 (+1.37%), SCCO at USD 198.05 (+1.20%), and MT at USD 73.36 (+1.14%), with RIO showing a typical hold time of 5 days on Pluang.
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