Altus Strategies PLC (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) has identified further hard rock artisanal gold workings on its 100%-owned Gabal Al-Shaluhl and Wadi Jundi projects, located in the Eastern Desert of Egypt.
Fourteen hard rock artisanal gold workings were discovered across the two projects.
"We are pleased to report that, following recent reconnaissance exploration by the company's Egyptian field team, 14 hard rock gold workings have been discovered at the Gabal Al-Shaluhl and Wadi Jundi projects, with an additional 35 targets still to be visited,” said Altus chief executive Steven Poulton.
“These two projects comprise 1,044 square kilometres of our total landholding of 1,565 square kilometres in the highly prospective Eastern Desert of Egypt. Individual hard rock workings are up to 30 metres wide and 100 metres long and the presence of mechanised machinery at some of these suggests significant gold potential exists.”