Altus Strategies plc has begun a 11,300m to expand the mineral resource estimate (MRE) at its 100% owned Diba gold project in western Mali. TESTS Diba hosts a shallow-dipping, near-surface gold deposit and a number of other prospective targets. The drill campaign comprises 10,000m reverse circulation (RC) and 1,300m diamond drilling (DD) and follows the […]
Tag: Mali
Altus notes more than 1 million gold oz at Tabakorole
Altus Strategies plc announced an updated JORC compliant mineral resource estimate (MRE) of more than a million gold ounces at the Tabakorole in southern Mali. RESOURCE ESTIMATE The company holds a 49% equity interest and 2.5% net smelter return (NSR) royalty on the project with exploration funded by Marvel Gold Ltd (51%). The MRE shows […]
Hummingbird revenue falls with output weighted in H2
Hummingbird Resources plc recorded a fall in revenue and swung to a loss as the company expects production to be weighted in the second half of 2021 at its Yanfolila gold mine in Mali, West Africa. FINANCES In its unaudited results for the six months ended 30 June 2021, the company reported revenue of US$87 million (H1 […]
Altus reports multiple intersections for outside Tabakorole gold deposit
Altus Strategies plc reported more positive results with multiple intersections encountered outside its mineral deposit at its Tabakorole joint venture gold project in southern Mali. RESULTS Results from five diamond drill holes (totalling 997m) from the central zone include shallow intersections outside of the mineral deposit of: 2.6 g/t gold over 21m from 70m; 1.3 […]
Altus Strategies notes exceptional intersect at Diba
Altus Strategies plc announced more encouraging with one exceptional high grade results from reverse circulation (RC) drilling at its 100% owned Diba gold project in western Mali. RESULTS Diba hosts a shallow-dipping, near-surface gold deposit and a number of other prospective targets. The RC programme is designed to expand and infill the existing Diba resource, […]
Hummingbird focuses on water supply for Mali villages
Hummingbird Resources plc made progress during the first quarter of 2021 with its environment, social and governance (ESG) initiatives in Mali. In its production, operational and trading report for the Q1 2021, the miner said it had made particular advances in water infrastructure for several locally supported villages. Ongoing water rehabilitation at the locally supported […]