Altus reports progress at Tabakorole gold project
Wed, 2nd Jun 2021 12:14
(Sharecast News) - Altus Strategies updated the market on exploration at the Tabakorole gold project in southern Mali on Wednesday, in which it holds a 49% equity interest and a 2.5% net smelter return royalty.
The AIM-traded firm said exploration activities at Tabakorole were being funded by Marvel Gold under its joint venture with Altus.
It said diamond drilling at Tabakorole extended the strike by 150 metres, with intersections from six diamond drill holes of 950 metres including 1.8 grams of gold per tonne over 29 metres from 178 metres in hole 21TBKRCDD001, 1.22 grams per tonne over 12 metres from 167 metres at hole 21TBKDD002, and 0.9 grams per tonne over 39 metres from 111 metres in a composite of hole 21TBKDD004 intersections.