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ALTUF / Marvel Gold hikes interest in +1 million ounce Tabakorole gold resource to 70%

Marvel Gold Ltd (ASX:MVL)'s interest in the Altus joint venture has increased to 70% from 51% following recent exploration work and amendments to the joint venture agreement with UK-listed Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF). Its ownership interest can further increase to 75% by spending US$5 million on exploration and project development through to December 17, 2023, and ultimately increasing to 80% upon completion of a definitive feasibility study (DFS). Read More

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Posted: Jan 19 2022, 18:44

Author Name: Proactive Investors

ALTUF News

By Proactive Investors
August 2, 2022

Altus Strategies publishes PEA and updated resource for Diba & Lakanfla gold project

Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) has released preliminary economic assessment for its Diba & Lakanfla gold project in Western M

By Proactive Investors
June 9, 2022

Altus Strategies receives record quarterly royalty income from Caserones copper mine

Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) said it received record quarterly royalty income for the first quarter from the Caserones copp

By Proactive Investors
May 31, 2022

Altus Strategies discovers multiple high-grade gold prospects across all 4 Egypt projects

Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) said it discovered multiple high-grade gold prospects from reconnaissance sampling across all

By Proactive Investors
May 27, 2022

Altus Strategies hails "outstanding" start to 2022

Altus Strategies said it had made an “outstanding” start to 2022 with good results from existing royalties alongside additions to its portfolio. S

By Proactive Investors
May 20, 2022

Altus Strategies rebalances Australian royalty portfolio

Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) is to receive US$5.3mln from selling some of its Australian royalty portfolio. The company has

By Proactive Investors
May 16, 2022

Altus Strategies says La Mancha strategic loan facility extended by six months

Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) said the repayment of its strategic loan from La Mancha Fund SCSP has been extended by six mon

By Proactive Investors
April 26, 2022

Altus Strategies says drilling results 'encouraging' from Lone Wolf prospect at Tabakorole gold project

Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) reported “encouraging” drilling results from the Lone Wolf prospect at the Tabakorole gold

By Proactive Investors
April 19, 2022

Altus Strategies granted mining licence at Korali Sud in Mali

Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) has been granted a small-scale gold mining licence by the Ministry of Mines, Energy and Water

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