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IN BRIEF: Altus Reports Progress At Mali Gold Assets

27th Jan 2021 14:33

Altus Strategies PLC - Africa-focused mining royalty company - Notes "excellent" results from preliminary metallurgical testwork at Tabakorole gold project, Mali. "Non-refractory mineralisation with high gold recoveries highlights the potential for a simple, industry standard gold processing flow sheet. Future metallurgical testwork is expected to include potential optimisations of grind size and residence times," Chief Executive Steven Poulton says. In addition, Altus says 3,800 metre drilling programme at Lakanfla gold project, also in Mali, completed. Altus adds: "Results confirm significant karst-style system along six kilometre margin of granite intrusion".

Current stock price: 83.00 pence

Year-to-date change: up 7.1%

By Eric Cunha; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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