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Altus Strategies Plc

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Summary

Project:

Tabakorole

Deposit:Tabakorole
Location:Mali
Commodities:Gold
Date:5/11/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:11-5-2020: Altus Strategies Plc announces an Exploration/Drilling Update report for its Tabakorole deposit at the Tabakorole project. Drilling results incl. 21m @ 0.77g/t Au from 0m. Altus Strategies Plc (AIM: ALS & TSX-V: ALTS), the Africa focused projec
Resources:(Resources) 6.84Mt @ 0.94g/t Au (Ind.) & 9.59Mt @ 1.03g/t Au (Inf.) of Sulphides
CP/QP:[Overall Report]: Steven Poulton (Internal)
ABSTRACT:Altus Strategies Plc (AIM: ALS & TSX-V: ALTS), the Africa focused project and royalty generator, announces the results of an Air Core ("AC") drilling programme to test the potential strike extension of the FT Prospect at the Company's Tabakorole gold project ("Tabakorole" or the "Project") located in southern Mali. The programme was completed under the joint venture ("JV") between Glomin Services Ltd ("Glomin") and Altus. The AC drilling was completed by Capital Drilling Limited and consisted of 70 holes for a total of 2,042m. Drilling was undertaken in areas where elevated historical surface geochemical results were coincident with historic magnetic geophysical anomalies. Drilling was conducted along five NE-SW traverses positioned perpendicular to the regional strike of mineralisation. All holes were drilled at -60 degrees inclination to an average depth of 29m (25m vertical depth). Drill holes were terminated at bit refusal with end of hole depths ranging from 13m to 49m. Nine out of the 70 holes ended in mineralisation.

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