Exploring World Class Potential, Cote d’Ivoire · AIM ALS TSX.V ALTS EXPLORE DISCOVER REPEAT Q1...

Exploring World Class Potential, Cote d’Ivoire

Projects Overview

Q1 2020

Q3 2019EXPLORE DISCOVER REPEAT 1AIM ALS TSX.V ALTS

2Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS

This presentation is being made only to and is directed at:

- persons who have professional experience in matters relating to investments falling within Article 19(1) of the

Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the ‘’Order’’); or

- high net worth entities and other persons to whom it may otherwise lawfully be communicated, falling within Article

49(1) of the Order (all such persons together being referred to as ‘’relevant persons’’).

Any person for whom this does not apply should not act or rely on this presentation or any of its contents.

Disclaimer and Forward Looking Statement


One of Africa’s most developed countries

For the last 5 years Cote d’Ivoire’s growth rate among the highest in the word

GDP growth in 2017 of 7.6%, 5th highest in the world

Major gold producer in Africa, 771,600oz Au produced per annum (2016)

Became EITI compliant in 2013 (Extractive Industries Transparency Initiative)

Underexplored country hosting 35% of West Africa’s Birimian granite-greenstone belts

Cote d’Ivoire – Country Overview


Exploration permit valid for 4 years with two renewals of 3 years. Further 2 year term for feasibility study

Mining permit valid for 20 years with 10 year renewals

Tax exemption for first 5 years

10% government free carried interest following repayment of capital

International mining companies already active:

Cote d’Ivoire – Country Overview

Name Ticker MCAP Asset

Endeavour Mining TSE : EDV C$2.02BIty – 2.1 Moz

Agbaou – 1 Moz

Perseus MiningASX : PRU

TSX : PRUA$388M

Sissingue – 1 Moz

Yaoure – 5.7 Moz

Newcrest TSX-V : NCM A$15.18B Bonikro – 1.4 Moz

Randgold Resources LON : RRS £5.04B Tongon – 4.3 Moz

Sama Resources TSX-V : SME C$56.53MSamapleu – M&I 14.16Mt @ 0.24% Ni & 0.20% Cu and

Inferred 26.48Mt @ 0.24% Ni & 0.18% Cu


Cote d’Ivoire – Project Overview

Prikro Au Project

Eastern Cote d’Ivoire

Aucrest Sarl



Prikro Project - Overview

Land package of 369.5km2 located in eastern Cote d’Ivoire

Permit 100% owned by Aucrest Sarl, a 100% owned subsidiary of Altus Strategies Plc

Accessible via a series of tracks from the towns of Agnibilekrou and Koun-Fao

Located within a typical Birimian age granite-greenstone belt

Project hosts historically reported Au, Cu, Zn and Mo occurrences

Artisanal mining licences proximal to project

Project geology includes major NE-SW trending shear zones within granitic intrusives and metasediments

Intrusives historically interpreted to intrude along axis of major fold nose

Reconnaissance exploration completed to date, targets defined for ground magnetics and termite sampling

Altered metagreywacke Mapping, Prikro Weathered, vuggy quartz vein


Prikro Project – Regional Competitors


Prikro Project – Geology


Prikro Project – Satellite Imagery, Structural Interpretation

Zuenoula Au Application

Central West Cote d’Ivoire

Aucrest Sarl



Zuenoula Au Project - Overview

Permit application lodged and awaiting final permit documents

Land package of 399.9km2 located in central west Cote d’Ivoire

Permit 100% owned by Aucrest Sarl, a 100% owned subsidiary of Altus Strategies Plc

Accessible via a series of tracks from the major town of Zuenoula 2.5 hours via tar road from Yamoussoukro

Located within a typical NNE trending Birimian age granite-greenstone belt

Along strike of Tietto Minerals’ 0.7 Moz Abujar project

Permits targets the point of divergence of regional crustal scale NNE to NE trending structures

Historic air magnetic data interpretation indicates oblique ENE trending structures in a 22km long corridor

Oblique ENE structures up to 4km in strike length

Apparent structural complexity may be excellent plumbing system for potential gold mineralisation

Project comprised metasediments, metabasalts and syn-tectonic granitoid intrusives


Zuenoula Project – Regional Competitors


Zuenoula Project – Geology


Zuenoula Project – Air Magnetics, Regional Major Structure Interpretation


Zuenoula Project – Air Magnetics, Local Structure Interpretation

Toura Ni-Co Application

West Cote d’Ivoire

Apalex Sarl



Permit application lodged and awaiting final permit documents

Land package of 168.86km2 located in west Cote d’Ivoire

Permit 100% owned by Apalex Sarl, a 100% owned subsidiary of Altus Strategies Plc

Located 45 minutes from the town of Biankouma and 1 hour 15 minutes from the regional capital city, Man

Permit accessible via well maintained laterite roads

Toura adjacent to Silipou Ni-Co laterite Project of Nickel de l’Ouest (NOCI) including the Silipou mining permit

35km from Sama Resources’ Ni-Cu-Pd project with sulphide lenses hosted in mafic-ultramafic intrusives

Local geology comprised gneissic granitoid and granitoid intrusives, basic plutons and metasediments

Lithologies typical of the regional Birimian granite-greenstone belt

Basic plutons mapped regionally as orthopyroxene and olivine rich norite

Highly weathered, lateritised norite a potential target source for Ni-Co laterite development

Toura Ni-Co Project - Overview


Toura Ni-Co Project – Regional Competitors


Toura Ni-Co Project – Geology


Toura Ni-Co Project – Regional Competitors, Geological Targets


Toura Ni-Co Project – Topography & Infrastructure

Exploring World Class Potential, Cote d’Ivoire · AIM ALS TSX.V ALTS EXPLORE DISCOVER REPEAT Q1...

Documents

Transcript of Exploring World Class Potential, Cote d’Ivoire · AIM ALS TSX.V ALTS EXPLORE DISCOVER REPEAT Q1...