Altus Strategies plc said it had identified numerous high priority gold targets from remote sensing across its four projects covering 1,565 km2 in the Eastern Desert of Egypt. WORKINGS Altus conducted systematic remote sensing across the projects and found major historical gold mining camps, including the Bakriyah mining district. More than 100 potential hard rock […]
Tag: Altus Strategies plc
Altus drilling extends gold strike length at Tabakorole
Altus Strategies plc announced that reverse circulation (RC) drilling had extended the strike length of the FT Prospect by at least 150m, to beyond 3km at the Tabakorole joint venture gold project in southern Mali. The company said that intersections include (down-the-hole and not true width) 2.0 g/t over 23m from 178m; 1.24 g/t over […]
Altus Strategies reports new potential Diba gold deposit
Altus Strategies plc reported a new potential gold deposit at the company’s 100% owned Diba project in western Mali. The company said that the delineation of a significant and coherent, shallow-dipping and near-surface potential gold deposit (Diba NW) was located approximately 1.5km northwest of the primary Diba deposit. Ground geophysics and follow-up drilling at Diba […]
Altus granted four gold licences in Eastern Desert, Egypt
Altus Strategies plc said it was planning the first phase of exploration after it received four gold exploration licences across nine licence blocks totalling 1,565 km2 in the Eastern Desert of Egypt. LICENCES All four licences, which are between 30km and 100km of the Red Sea coast, are for an initial two-year term and renewable […]
Altus tests show ‘excellent’ Tabakorole gold recoveries
Altus Strategies plc said it had excellent results from preliminary metallurgical test work on fresh rock samples at the FT Prospect of its Tabakorole gold project located in southern Mali. Bottle roll tests on core samples from diamond drilling at the FT Prospect indicated a straightforward, clean and non-refractory ore with low reagent consumption. The […]
Altus finds karst-style system at Lakanfla gold site
Altus Strategies plc announced it had confirmed a karst-style system and low-grade gold following 3,8000m reverse drilling and associated passive seismic surveys at its Lakanfla gold project in western Mali. The mining and royalty company said that results showed a karst-style system along a 6km margin of granite intrusion, and that drilling had intersected widespread […]