Further Expands Western Mali Gold Project
Altus Strategies Plc (AIM:ALS, TSX-V:ALTS) has received further encouraging results from the recently completed 10,308m Reverse Circulation (RC) drilling programme at its 100% owned Diba gold project in western Mali.
Diba hosts a shallow-dipping, near-surface gold deposit and several other prospect areas.
Encouraging intersections from Diba Deposit, included 43.83 g/t Au over 5m from surface; 11.03 g/t Au over 3m from 37m; and 2.11 g/t Au over 14m from 21m
Drilling had extended the Diba Deposit extended by 100m to the west with near surface lenses intersected
Chief Executive, Steven Poulton, said follow up drilling at the Diba Deposit and other prospects is being planned.
“We are delighted to report on further highly encouraging results from the recently completed 10,308m RC drilling programme at the Diba gold deposit in western Mali,” Mr Poulton said.
“The results include 43.83 g/t Au over 5m from surface, from a drill hole designed to test a modelled northeast trending high-grade zone. We are also encouraged by intercepts outside the current MRE envelope, including 11.03 g/t Au over 3.0m from 37m, which may potentially extend the mineralised zone by approximately 100m to the west.
“Results are currently pending from 33 holes that have been drilled at a number of prospects outside of the current MRE. Our technical team is reviewing the data received to date and planning a ground magnetic survey which will commence shortly and be used to guide the next phase of drilling. We look forward to updating shareholders in due course.”