Altus Strategies Plc (LON:ALS & TSX-V:ALTS), the Africa focused exploration project generator, announced that it has defined drill targets to test a potential karst-style gold deposit at its 100% owned 24km2 Lakanfla gold project. Joining Directorstalk to discuss the Lakanfla Gold Project, CEO Steve Poulton.
Steve explains how and when they acquired Lakanfla, the similarities to the gold mine Sadiola, the karst target and how large the target could be at Lakanfla. Steve also discusses the gold projects in Western Mali and the plans for taking the project forward.
Altus Strategies plc is a London and Toronto listed, diversified and Africa focused mineral exploration project generator. Through our subsidiaries we discover new projects and attract third party capital to fund their growth, development and ultimately exit optionality. This strategy enables Altus to remain focused on the acquisition of new opportunities to be fed into the project generation cycle and aims to minimise shareholder dilution. Our business model is designed to create a growing portfolio of well managed and high growth potential projects and royalties, diversified by commodity and by country. Altus currently has eighteen projects in six commodities across six countries. We aim to position our shareholders at the vanguard of value creation, but with significantly reduced risks traditionally associated with investments in the mineral exploration sector.