| 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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