Announcement Date: 2022-04-26
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Altus Strategies Plc
Project name: Tabakorole
Location: Mali
Commodities: Gold
Highlight: Drilling results incl. 14.0m @ 4.9g/t Au from 33.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Altus Strategies Plc (AIM: ALS, TSX-V: ALTS, OTCQX: ALTUF) announces highly encouraging Reverse Circulation (“RC”) drilling results from the Lone Wolf prospect at the Tabakorole gold project (“Tabakorole” or the “Project”), located in southern Mali. Altus holds a 2.5% Net Smelter Return (“NSR”) royalty and a 30% equity interest in the Project. Exploration activities at Tabakorole are being funded by Marvel Gold Limited (ASX: MVL) under its Joint Venture (“JV”) with Altus. The drilling was designed to test the potential to extend the Tabakorole deposit on which a Mineral Resource Estimate (“MRE”) has been modelled. Marvel has reported on a further 415m of drilling from five RC holes to test the Lone Wolf prospect at Tabakorole. The programme successfully intersected gold mineralisation in three out of five holes, with the highest-grade intercepts recorded in hole 22TBKRC021, including 14m at 4.9 g/t Au from 33m (as set out in Table 1). The RC programme has shown that the highest-grade intercepts occur within a granitic host rock associated with the contact with a metagreywacke (metamorphosed mudstone). Gold mineralisation is associated with sulphides (pyrite and pyrrhotite) with visual estimates of up to 10% in RC chips.
Read More

Pricing Plans

We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.


$ 10
Per Month

Stay up to date with the global mining industry.

  • The Opaxe Review
  • Search using Explore
  • 40,000 company announcements
  • Access announcements older than 7 days only


$ 100
Per Month

Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders

  • All Essential plan features; plus
  • Announcement Alerts and Notifications
  • Drilling result comparisons
  • Downloadable intercept data
  • Resources and reserves data