(Alliance News) - Altus Strategies PLC on Monday said a survey has found a potential extension to the the mineralised zone at its Tabakorole project, Mali.
The data from the geophysical probe will be used to outline potential drill targets at the asset.
Chief Executive Steven Poulton said: "The data from the survey has now been processed and interpreted and the results are very encouraging. A potential extension to the known mineralised shear zone can be interpreted along with multiple sub-parallel or splay structures, none of which have been systematically drill tested to date.
"Fieldwork at Tabakorole has currently been paused in response to the Covid-19 pandemic."
Shares in the company closed untraded at 33.00 pence each in London on Monday.
By Eric Cunha; ericcunha@alliancenews.com
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