Drilling Underway at Diba Gold Project, Western Mali

Altus Strategies Plc (AIM: ALS, TSX-V: ALTS, OTCQX: ALTUF) announces that a 10,000m Reverse Circulation (“RC”) and 1,300m Diamond Drilling (“DD”) programme is underway at the Company’s 100% owned Diba gold project (“Diba” or the “Project”) in western Mali. Diba hosts a shallow-dipping, near-surface gold deposit (the “Diba Deposit”) and a number of other prospective targets.

Highlights:

• Combined 11,300m DD & RC drilling programme at the Diba gold project in western Mali
• Previous intersections from the Diba Deposit include (down-the-hole and not true widths):
  • 3.34 grams per tonne (“g/t”) gold (“Au”) over 60m from 17m
  • 8.50 g/t Au over 24m from 20m (including 26.45 g/t Au over 7m)
  • 43.83 g/t Au over 5m from surface
• Results returned from Diba NW prospect, where previous intersections include (down-the-hole and not true widths):
  • 1.45 g/t Au over 22m from 55m
  • 1.87 g/t Au over 10m from 8m
• Drilling programme designed to:
  • expand the current Mineral Resource Estimate (“MRE”) of the Diba deposit
  • test the strike and down dip potential of the Diba NW discovery
  • test the extent of the high-grade zone within the Diba deposit
• Additional 7,500m Air Core (“AC”) drilling programme to test undrilled satellite targets
• Diba is strategically located in a world-famous gold belt that hosts numerous open pit mines

Steven Poulton, Chief Executive of Altus, commented:

“We are delighted to report that drilling has recommenced at the Diba gold project in western Mali, following the end of the rainy season. A significant 11,300m combined DD and RC programme is now underway, which is being supplemented by up to 7,500m of AC drilling. The drilling programme has been designed to expand and infill the existing Diba Deposit and define a maiden resource at the 900m-long Diba NW discovery. The AC programme will be used to test numerous, as yet undrilled, satellite targets which are proximal to the Diba Deposit.

“Recent drilling from Diba NW has established a series of consistent shallow-dipping zones of gold mineralisation. Previous exploration drilling at Diba NW has returned an intersection of 1.45 g/t Au over 22m from 55m. The programme at Diba NW will focus on testing potential extensions to the mineralisation along strike and down dip, culminating in the completion of a maiden resource estimate for the prospect. We look forward to updating shareholders on the results of this programme when they are received.”

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In the TV clip, CEO Steve Poulton provides an overview Altus and its unique strategy