https://www.miningweekly.com
Gold|Mining|PROJECT|Surface|Drilling
Gold|Mining|PROJECT|Surface|Drilling
gold|mining|project|surface|drilling

Altus notes encouraging drilling results at Diba

7th January 2021

By: Tasneem Bulbulia

Senior Contributing Editor Online

     

Font size: - +

Mining royalty company Altus Strategies has recorded “encouraging” initial results from the ongoing 10 000 m reverse circulation (RC) drilling programme at its 100%-owned Diba gold project, in western Mali.

Diba hosts a shallow-dipping near-surface gold deposit and several other prospect areas.

Intersections from the Diba deposit include 3.34 g/t gold over 60 m from 17 m, 4.48 g/t gold over 15 m from 22 m, 22.11 g/t gold over 6 m from 89 m, and 2.51 g/t gold over 12 m from 3 m.

Two new zones have been discovered at the Diba NW prospect, 800 m northwest of Diba deposit.

A mineral resource estimate for the Diba deposit comprises 4.83-million tonnes at 1.39 g/t gold for 217 000 oz in the indicated category and 5.48-million tonnes at 1.06 g/t gold for 187 000 oz in the inferred category.

Further assay results from the balance of the drilling programme are anticipated shortly.

Follow-up drilling is planned for the second quarter of this year to include currently undrilled prospects.

Diba is strategically located in a world-famous gold belt that hosts numerous openpit mines.

Altus CE Steven Poulton says a number of priority prospects have not been tested in the current programme and the company anticipates that these will be drilled in a follow-up programme.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Latest News

ALL ABOUT COPPER: The Quellaveco mine in Peru is a 300 000 t/y operation.
BHP approaches Anglo American with buyout proposal
Updated 4 hours ago By: Mariaan Webb

Showroom

Willard
Willard

Rooted in the hearts of South Africans, combining technology and a quest for perfection to bring you a battery of peerless standing. Willard...

VISIT SHOWROOM 
Schauenburg SmartMine IoT
Schauenburg SmartMine IoT

SmartMine IoT has been developed with the mining industry in mind, to provides our customers with powerful business intelligence and data modelling...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.212 0.246s - 92pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: