Altus Strategies plc has started a combined 35,000m reverse circulation (RC), air core (AC), and auger drilling programme at the Tabakorole gold project in southern Mali.
MINERAL RESOURCE
The company holds a 49% equity interest and 2.5% net smelter return (NSR) royalty on the joint venture project with exploration funded by Marvel Gold Ltd.
A mineral resource estimate for Tabakorole shows 17,300,000 tonnes at 1.2 g/t gold for 665,000 ounces in the inferred category; and 9,200,000 tonnes at 1.2 g/t Au for 360,000 ounces in the indicated category.
Altus said that 70% of the MRE is situated within 150m of the surface.
The drill programme comprises 5,000m of RC drilling, 15,000m of AC drilling and 15,000m of auger drilling.