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Altus Strategies hails 'excellent' gold recoveries at Diba project in Western Mali

StockMarketWire.com

Altus Strategies reported 'excellent' gold recoveries from oxide and sulphide samples following testwork at its Diba gold project in western Mali.

Heap leach amenability showed 95.8% gold recovery at a coarse crush size, significantly higher than the 80 % modelled in the current preliminary economic assessment, or PEA, reported on in July.

The company said the existing Diba PEA would incorporate the recent higher oxide recoveries of 95.8% compared to 80% used in the existing PEA.

The testwork on fresh sulphide samples also showed that CIL processing will likely be very effective, with 86.8 % gold recovery at attractive grind sizes.

'The significantly enhanced recoveries and addition of the sulphide resource, should add considerable economic value to the project, the company said.



At 8:54am: (LON:ALS) Altus Strategies Plc share price was +7.5p at 61p


Story provided by StockMarketWire.com