Wentworth CEO sees both capital and dividend growth opportunities in Tanzania's Mnazi gas field Watch Now

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAltus Strategi. Share News (ALS)

Share Price Information for Altus Strategi. (ALS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 33.50
Bid: 32.00
Ask: 35.00
Change: 2.00 (6.35%)
Spread: 3.00 (9.38%)
Open: 33.50
High: 34.00
Low: 33.50
Yest. Close: 31.50
ALS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

RNS Alerts are a premium feature

Login to your account

myTerminal is a premium feature

Login to your account

Don't have an account? Click here to register.

Altus Strategies Starts Maiden Drilling At Tabakorole Project In Mali

Wed, 29th Jan 2020 15:18

(Alliance News) - Altus Strategies PLC on Wednesday reported commencement of a drilling programme at the Tabakorole gold project located on the Massagui gold belt in southern Mali.

The Africa-focused project and royalty generator said the 2,000 metre 30 hole aircore drilling programme is being undertaken by Glomin Services Ltd under the joint venture agreement.

The drilling programme has been designed to test surface soil geochemical anomalies and areas where historic drilling generated encouraging results. These include hole 14TKRC10 at the north-western end of Tabakorole's FT prospect which returned 1.85 grammes per tonne of gold over 16 metre from a depth of 1 metre and hole 05TKAC-097 500m north of the FT prospect which returned 1.41 grammes per tonne of gold over 10 metre from 26 metre.

Steven Poulton, chief executive of Altus, said: "The initial 2,000 metre of AC drilling at Tabakorole will test a number of priority targets adjacent to the historic 590,000 ounce resource. These targets were defined by previous operators which, due to the cyclical downturn in the sector, have yet to be systematically tested."

Altus shares in London were untraded at 7.25 pence each on Wednesday afternoon.

By Tapan Panchal; tapanpanchal@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News

IN BRIEF: Altus Secures Deal To Sell Gold Projects In Cote d'Ivoire

IN BRIEF: Altus Secures Deal To Sell Gold Projects In Cote d'Ivoire

29 Jun 20 20:28

IN BRIEF: Altus Inks Royalty Pact With Graphex For Mali Project

IN BRIEF: Altus Inks Royalty Pact With Graphex For Mali Project

17 Jun 20 17:30

Graphex acquires earn-in rights on Altus assets in Mali

(Sharecast News) - Africa-focussed project and royalty generation company Altus Strategies announced on Wednesday that ASX-listed Graphex Mining has acquired the joint venture earn-in rights previously held by Glomin Services on its wholly-owned Lakanfla and Tabakorole gold projects, in western and southern Mali, respectively.

17 Jun 20 14:05

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

9 Jun 20 16:05

Altus Strategies Loss Narrows On Joint Venture Termination Income

Altus Strategies Loss Narrows On Joint Venture Termination Income

27 May 20 14:57

Altus Strategies Kicks Off Drilling Campaign At Mali Project

Altus Strategies Kicks Off Drilling Campaign At Mali Project

26 May 20 15:52

Altus Strategies Pleased With "Very Encouraging" Data At Tabakorole

Altus Strategies Pleased With "Very Encouraging" Data At Tabakorole

27 Apr 20 18:35

Altus Strategies Says Economic Probe To Be Launched At Diba

Altus Strategies Says Economic Probe To Be Launched At Diba

17 Apr 20 18:35

Altus Strategies prepares for economic assessment at Diba

(Sharecast News) - Africa-focussed Altus Strategies has appointed independent consulting firm Mining Plus UK to update the historic resource and complete a preliminary economic assessment for an open pit oxide gold mine at its Diba project, it announced on Thursday.

16 Apr 20 09:35

UK EXECUTIVE CHANGE SUMMARY: Two Co-Founders Leave Arix Bioscience

UK EXECUTIVE CHANGE SUMMARY: Two Co-Founders Leave Arix Bioscience

6 Apr 20 15:47

Altus Shareholders Approve La Mancha Investment, Share Consolidation

Altus Shareholders Approve La Mancha Investment, Share Consolidation

19 Feb 20 16:03

Altus Strategies Starts Survey At Mali Gold Project To Define Targets

Altus Strategies Starts Survey At Mali Gold Project To Define Targets

13 Feb 20 13:46

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

11 Feb 20 15:48

Altus Receives 15 Million Canyon Shares From Aucam Sale Pact

Altus Receives 15 Million Canyon Shares From Aucam Sale Pact

11 Feb 20 12:37

Altus Strategies Starts Maiden Drilling At Tabakorole Project In Mali

Altus Strategies Starts Maiden Drilling At Tabakorole Project In Mali

29 Jan 20 15:18

Login to your account

Don't have an account? Click here to register.