IN BRIEF: Altus Reports Progress At Mali Gold Assets

Altus Strategies PLC - Africa-focused mining royalty company - Notes "excellent" results from ...

Alliance News 27 January, 2021 | 2:33PM
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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; ericcunha@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Altus Strategies PLC 80.00 GBX -1.23 -

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