september 2017 corporate presentation - altamira...

September 2017

Corporate Presentation

www.altamiragold.com | TSX.V: ALTA

www.altamiragold.com | TSX.V: XXX

Forward-Looking Statement

The material presented herein is private and confidential. The contents are not to be reproduced or distributed toany third party, including the public or press.

Certain statements contained in this presentation constitute forward-looking statements. These statements relate tofuture events or the Corporation's future performance, business prospects or opportunities. All statements otherthan statements of historical fact may be forward-looking statements. Forward-looking statements are often, butnot 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" andsimilar expressions. These statements involve known and unknown risks, uncertainties and other factors that maycause actual results or events to differ materially from those anticipated in such forward-looking statements. TheCorporation believes that the expectations reflected in those forward-looking statements are reasonable, but noassurance can be given that these expectations will prove to be correct and such forward-looking statementsshould not be unduly relied upon. These statements speak only as of the date specified. The Corporation does notintend, 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 ofexploration activities, the Corporation's limited experience with development-stage mining operations, uninsuredrisks, regulatory changes, defects in title, availability of materials and equipment, timeliness of governmentapprovals, changes in commodity and, particularly, gold prices, actual performance of facilities, equipment andprocesses 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.

www.altamiragold.com TSXV: ALTAwww.altamiragold.com TSXV: ALTA


• Experienced management team – 4 gold discoveries in Brazil with NI 43-101 compliant resources, Cajuiero, Coringa, Cuiu Cuiu and Tocantinzinho and 1 in Bolivia. Ex-Magellan, Serabi Mining, Meridian Mining

• Brazil focus. 12 license areas which are 100% owned comprising +200,000ha in prolific Juruena gold belt (7-10Moz of artisanal gold production)

• 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 at 1.61 g/t Au in oxides (as Saprolite). Two new zones discovered mid-2017. Drill results pending on 10 holes

• 38.6M shares issued. No debt. $1M in cash

• Drilling in progress at Crepori project - 7 holes planned in 6 different targets

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Summary

www.altamiragold.com TSXV: ALTA


Alan Carter – Chairman, Director30 years experience. Ex-Rio Tinto and BHP Billiton. Founder of Magellan Minerals (recently acquiredby Anfield Gold). Chairman of Fremont Gold. Director of Anfield Gold, Peregrine Diamonds, CabralGold and Blackrock Gold.

Michael Bennett – President & CEO, DirectorGeologist, +30 years mining experience (23yrs in South America, Brazilian resident). Directly responsible for Cajueiro, Coringa, and Puquio North gold discoveries (Brazil & Bolivia).

Michael O’Brien - CFOChartered Accountant, +20 years experience including 9 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.

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Management



Chris Harris – DirectorChartered 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 – DirectorCurrently President and Director of Goldsource Mines. Over 26 years experience in the miningindustry, spent 19 years with BHP Billiton. Physicist-geophysicist, has been instrumental inidentification, negotiation and execution of numerous agreements with juniors, majors etc.

Ian Talbot – DirectorCurrently 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.

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Independent Directors



$0.33 cents/share

Toronto Stock Exchange Venture (Canada):

ALTAFrankfurt Stock Exchange (Germany):

T6UPUSA Listing – Pink Market:

EQTRF

Shares O/S 38.6MWarrants 19.7MOptions 3.5M Fully Diluted 61.9MMarket Cap. $12.94MInsider Position +13.5%

Share Structure

Ticker Symbols

6

Current Price

Corporate Structure



Regional Location

7 www.altamiragold.com TSXV: ALTA

Significant historic small scale gold production from Alta Floresta district of 7-10Moz. Two deposits identified thus far

First phase drilling completed on 4 projects; Cajueiro, Colider, Carlinda, Nova Canaa


• Land use is mainly for cattle ranches

• Extensive network of power lines and roads

• Rio Teles Pires hydro projectrecently completed near Cajueiro.Grid power within 2 years

• Daily flights to Alta Floresta on Azul Airlines with connections to Sao Paolo etc.

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Infrastructure


Typical view of Juruena region

Recently constructed Teles Pireshydro electric project 22km

west of Cajuiero


• Historic placer gold workings previously produced +250,000oz Au. Project area is 39,053 Ha with mining licenses granted.

• 13,301m of previous drilling and 94 drill holes to date. Results currently pending on 10 drill holes. 3200m trenching program of which 2700m has been completed

• 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/tAu (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.

• Two new zones discovered at Baldo East and Toninho

• Soil sampling has identified 10 gold anomalies of which 4 have been only partially drill tested

Cajueiro Project



Cajueiro Project



Cajueiro Project – Baldo East discovery



Inferred Tonnes(Mt)

Grade (g/t)

Contained Auoz

Crente 5.83 0.63 118,000

Baldo 1.32 0.78 33,000

Matrincha 1.60 0.80 41,000

Marines 0.79 0.47 12,000

Total 9.53 0.66 204,000

Inferred Tonnes(Mt)

Grade (g/t)

Contained Auoz

Crente 0.36 1.56 18,000

Baldo 0.31 3.03 30,000

Matrincha 0.16 2.72 14,000

Marines 0.53 0.98 17,000

Total 1.37 1.61 79,000

Indicated Tonnes(Mt)

Grade (g/t)

Contained Auoz

Crente 8.64 0.78 214,000

Total 8.64 0.78 214,000

Sulphides Oxides

Source, M.Claiborne Newton ,March 24 ,2016. NI 43-101 Technical Report on Resources, Cajueiro Project States of Mato Grosso and Para, Brazil. GustavssonAssociates LLC.

Mineral resources are not mineral reserves and do not demonstrate economic viability. There is no certainty that all or any part of the mineral resource will be converted to mineral reserves. Quantity and grade are estimates and are rounded to reflect the fact that the resource estimate is an approximation

The estimate considered a gold price of $1,250 per ounce and a cut-off grade of 0.3g/t gold

Cajueiro Resource



• 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 Cajueirothrough a Trial Mining License which has been granted.

• Environmental permits have been granted for the existing resources

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Cajueiro – Metallurgy and Permitting


Baldo East zone exposed in trench


Sossego

Cajuerio Sul

Crente

Baldo

Maria Bonita

Tavares Norte

Marines

Matrincha

Novo Sonho

Morro Verde

• Existing Resources are largely confined to Crente, Baldo and Marines zones

• Approximately 85% of the currently known soil anomalies are untested by drilling

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Cajueiro Upside


www.altamiragold.com | TSX.V: XXX15

Crepori Project – Regional Location



• 8,323 ha with historical small scale production

• Good access. Located 105 km SSW of Eldorado

Gold’s TZ project which is expected to produce

170,000oz / year

• Small-scale historical mining was conducted along

at least six gold bearing quartz veins. Extensive

placer workings cover several square km. No

previous drilling

• Of 10 initial samples 5 returned values in excess of

8g/t gold with values up to 39.26 g/t Au at

Picarreira, and a spectacular 1022.98 g/t Au at

Boiadeiro

• Drilling in progress

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Crepori


Drilling at Crepori (Sept 2017)

Gold-bearing quartz sulphide mineralization at Crepori


Crepori Project


Extensive historic placer gold workings


Apiacas Project - Regional Location



Apiacas Project


• Located due west of Cajueiro project along same trend. Historic placer gold workings previously produced +500,000oz Au. 80,403Ha of which 38,391 Ha has been granted and the rest is under application.

• No previous drilling. Surface grab samples thus far returned values of +5g/t gold with a maximum of 118.7g/t gold

• Several obvious drill targets including Bragatte, Papagaio and Paulinho Troca Tiro. Results currently pending on 43 additional surface rock samples

• Drilling planned for early 2018

Gold - bearing surface oxide mineralization at Apiacas


Apiacas Project



Complete current drill program at Cajueiro project targeting previously untested gold-in-soil anomalies and expand current resource to +1Moz

• Commence PEA at Cajueiro with a view to completing study during Q1 2018

Complete first phase drill program of Crepori target (veins 6m in width, surface values of +1000g/t gold)

Identify deals on Canadian gold projects; Tom and Sickle (Au - NWT), Garland (Ni - Newfoundland) and Day (Cu - BC)

Complete re-organization of Board

2017 Objectives and scorecard


✓ Completed ☐ In Progress


• Follow up drill program at Cajueiro to test peripheral targets

• Complete resource update at Cajueiro with a view to commencing PEA during 2018

• Complete first phase drill program of Apiacas project

• Follow up drill program at Crepori

2018 Future Plans



Management - 20 years experience in Brazil. 4 gold discoveries with 43-101 compliant resources, Cajuiero, Coringa, Cuiu Cuiu and TZ. Ex-Magellan, Serabi Gold, Meridian Mining

Assets - Advanced Cajueiro project has a NI 43-101 resource of Indicated resources of 8.64Mt at 0.77g/tAu (for 214,000oz) of Indicated resources and 9.53Mt at 0.66g/tAu (for 204,000oz) in the Inferred category and an additional 1.37Mt at 1.61g/t in Oxides (for 79,000oz in Saprolite) also Inferred. Trial mining permit in place

Upside - Only 20% of gold-in-soil anomalies drilled thus far at Cajuiero. 11 other license areas which are 100% owned comprising +200,000ha in prolific Juruena gold belt (7-10Moz of artesinal gold prod.)

News flow - drill results pending at Cajuiero. Trenching in progress. Drilling in progress at Crepori project (previously untested)

Share structure - 38.5M shares issued. 62.4M on a fully diluted basis of which 20.6M are warrants

Summary


september 2017 corporate presentation - altamira...

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