Altus Releases Exploration Update at Daro Project

By Scott Tibballs

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Altus Strategies (LSE:ALS,TSXV:ALTS) has released an update on its exploration activities at its 411.7km2 Daro copper-gold project in the Tigray province of northern Ethiopia.

As highlighted in the press release:

  • High copper and gold outcrop assay results including 11.6 percent copper and 4.4 grams per tonnes (g/t) gold at Teklil prospect
  • Gossan zone at Teklil prospect mapped discontinuously for 900m
  • Discovery of Keren prospect including assays of 37 g/t gold in float and 10.35 g/t gold in outcrop
  • Significant gold-bearing quartz vein and stockwork system discovered at Keren prospect
  • Stream sediment survey completed with results defining multiple new target areas

CEO of Altus, Steven Poulton said:

“Exploration at Daro is continuing to yield exciting results, with high gold and copper assays returning from a number of surface sampling programmes, including 37 g/t gold and 22.7 percent copper. The presence of gossans, polymetallic mineralisation, significant artisanal gold workings and favourable host geology continues to indicate the potential for a VMS discovery within Daro.”

Click here to read the full Altus Strategies (LSE:ALS,TSXV:ALTS) press release.


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