First Phase Completed In Western Mali
Altus Strategies Plc (AIM: ALS, TSXV: ALTS, OTCQX: ALTUF) has completion of the first phase of a long-term Community Development Programme (CDP) at the company’s 100% owned Diba gold project in western Mali.
Highlights:
- Long-term Community Development Programme at Diba Gold Project in western Mali
- CDP initially focused on public health and education projects
- Phase one completed, providing safe drinking water to the local village and school
- CDP is the foundation for the long-term and sustainable investment in local communities
- Further project phases for 2021 and 2022 are currently being planned.
“Long-term and sustainable investment in the local communities where we operate is core to our business at Altus,” Chief Executive, Steven Poulton, said.
“We are delighted to have completed the first phase of our Community Development Programme at the Diba gold project in western Mali. This work has included the provision of safe, tapped drinking water to the local school and to the village of Koropoto, two km east of the Diba deposit.
“The project involved drilling a 72.5m borehole, construction of a 12m high water tank with a solar-powered water pump and installation of all other necessary infrastructure.
The CDP at Diba is initially focused on the two priority areas of health and education and builds on our existing strong ties to the local community from which many of our staff are employed. I look forward to updating shareholders on this work, as well as on the current drilling programme at Diba, in due course.”
Community Development Plan
Altus has completed the first phase of the CDP at Diba. The nearest community to Diba is Koropoto village, located approximately two km to the east of the Project, outside of the current licence area. In time the CDP programme will be extended to other communities in the surrounding area.
Altus undertook a consultation process with representatives of the local communities to Diba in order to prioritise the CDPs that would be most impactful. The consultation identified critical themes in health and education, which are the current focus for the CDP.
Following consultation with the residents of Koropoto, the specialist environmental company, EBEF-Mali, was commissioned to install a low-maintenance system to provide safe drinking water on tap to the local school and village.
Diba Project: Location
The 81 sq. km Diba project (Korali Sud licence) is located in the Kayes region of western Mali, approximately 450km northwest of the capital city of Bamako.
The Project sits five km west of the Company’s Lakanfla gold project, which is under joint venture with ASX-listed Marvel Gold Limited, and approximately 13km south of the multi-million ounce Sadiola gold mine and 35km south of the multi-million ounce Yatela former gold mine, both owned by Allied Gold Corp.
Diba is contiguous with the Sadiola permit on its northern and eastern boundaries. Mineralisation hosted on these properties is not necessarily indicative of mineralisation hosted at Diba.
For further information please visit: https://www.altus-strategies.com/
