Altus Strategies plc said it had intersected a significant gold zone from reverse circulation (RC) drilling at the Lakanfla Central prospect on the Lakanfla licence, western Mali.
LAKANFLA
Lakanfla is 5km east of the company’s Diba licence which hosts numerous gold prospects, including a shallow-dipping, near-surface gold deposit.
The Diba & Lakanfla project (100%) covers 105km2.
PROGRAMME
Altus is conducting 3,500m RC drilling across 17 holes at Lakanfla, which forms part of the wider 10,000m programme across the combined Diba & Lakanfla gold project.
The company aims to test a number of targets which could potentially contribute to an initial mineral resource estimate (MRE).
The programme will also test the strike and down-dip potential of the Lakanfla Central and confirm historical drilling results.
RESULTS
Altus said it had to date received assays from the first two holes of a planned 22-hole programme.
Intersections at Lakanfla Central include 1.23 g/t gold over 127m from 21m, including 2.53 g/t gold over 14m from 46m (not true widths).
ZONES
“We are delighted to report on the outstanding intersection of 1.23 g/t Au over 127m from 21m, including 2.53 g/t Au over 14m from 46m (not true widths) from RC drilling at the Central prospect at Lakanfla in Western Mali,” added chief executive Steven Poulton.
“Lakanfla Central is one of at least four key prospects at Lakanfla, with gold mineralisation hosted in a number of sub-vertical breccia zones within a significant porphyritic granite, which has a current strike length of approximately 350m.
“Lakanfla also hosts a number of widespread zones of intense hard rock artisanal workings.”