Announcement Date: 2022-02-15
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Altus Strategies Plc
Project name: Diba
Location: Mali
Commodities: Gold
Highlight: Drilling results incl. 127m @ 1.23g/t Au from 21m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Altus Strategies Plc (AIM: ALS, TSX-V: ALTS, OTCQX: ALTUF) announces the intersection of a significant gold (“Au”) zone from Reverse Circulation (“RC”) drilling at the Lakanfla Central prospect on the Lakanfla licence (“Lakanfla”). Lakanfla forms part of the Company’s 100% owned, 105 square kilometre (“km2 ”) Diba & Lakanfla gold project (“Diba & Lakanfla” or the “Project”) in western Mali. Lakanfla is located approximately 5 kilometres (“km”) east of the Company’s Diba licence which hosts numerous gold prospects, including a shallow-dipping, near-surface gold deposit (the “Diba Deposit”). The drilling programme at the Project is being undertaken by Capital Drilling Limited and comprises up to 10,000m of diamond drilling (“DD”) and RC drilling across Diba & Lakanfla. Following completion of drilling at the Diba Deposit and the Diba NW prospect, approximately 1,550m of RC drilling of a planned 3,500m programme has currently been completed on the Lakanfla licence. The drilling at Lakanfla has been designed to test a number of targets which could potentially contribute to a maiden MRE for Lakanfla, including
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