3 Jun 2015 15:00
Alecto Minerals plc / EPIC: ALO / Market: AIM / Sector: Exploration & Development
03 June 2015
Alecto Minerals plc ('Alecto' or the 'Company')
AGM Result
Alecto Minerals plc (AIM: ALO), the AIM quoted mineral exploration company focussed on West and East Africa, held its Annual General Meeting today, and all resolutions were duly passed.
**ENDS**
For further information, please visit www.alectominerals.com or contact:
Alecto Minerals plc Mark Jones
| Tel: +44 (0)20 3137 8862 |
Strand Hanson Limited Richard Tulloch Matthew Chandler James Dance
| Tel: +44 (0)20 7409 3494 |
Beaufort Securities Limited Elliott Hance
| Tel: +44 (0)20 7382 8300 |
St Brides Partners Ltd Elisabeth Cowell Felicity Winkles
| Tel: +44 (0)20 7236 1177 |
Notes to editors:
Alecto Minerals plc is an African focussed, gold and base metal exploration and development company quoted on AIM with exploration projects in Mali, Ethiopia, Mauritania and Burkina Faso.
In Mali, the Kossanto Project has a current independent inferred JORC code compliant resource estimate of 6.72Mt grading at 1.14g/t Au for an aggregate of 247,000 oz Au with a cut-off grade of 0.5g/t Au at Kossanto East. The Kossanto Project is located in the centre of the Kenieba inlier in western Mali. The Kenieba inlier is a block of ancient greenstones and granites hosting many significant gold deposits in Senegal and Mali, making it one of the most important gold regions in Africa.
Alecto also owns The Kerboulé Project, located in the highly prospective Birrimian-age Djibo gold belt in northern Burkina Faso, two prospective gold exploration licences in Ethiopia, as well as the wholly owned Wad Amour IOCG Project in Mauritania which is at an exploration stage.
Combined, these projects provide the Company with a strong, diversified portfolio with exciting exploration upside potential.