Altus Strategies plc announced it had started a combined 17,500m reverse circulation (RC) and air core (AC) drill programme at its 100% owned Diba gold project in western Mali.
The drill programme follows the completion of an initial 48km2 ground magnetic survey, which defined a number of additional targets to be tested.
The 10,000m RC programme will test the high grade zone within the Diba deposit, expand the current mineral resource estimate (MRE), and extend strike and down dip extensions of the Diba NW discovery.
The 7,500m AC programme will test the northern strike of the Diba NW discovery (800m from Diba deposit) and evaluate artisanal workings at the Diba far east prospect (7km from Diba deposit.
A report from July 2020 showed Diba hosted an MRE of 217,000 ounces at 1.39 g/t gold (indicated) and 187,000 ounces at 1.06 g/t gold (inferred) in both oxide and fresh domains.
LOCATION
The 81km2 Diba (Korali Sud licence) project is located in the Kayes region of western Mali, approximately 450km northwest of the capital city of Bamako.
The project lies 5km west of the Altus’s Lakanfla gold project, which is under a joint venture with Marvel Gold Ltd.
It also sits 13km south of the multi-million ounce Sadiola gold mine and 35km south of the multi-million ounce Yatela former gold mine, both owned by Allied Gold Corp.