Algold Resources Ltd. announced preliminary assay results from the Phase IV 15,000-meter drilling campaign carried out on its Tijirit property (Tijirit) in Mauritania. Results further corroborate the continuity of the mineralized structure, which now extends to a vertical depth of up to 180 meters, as well as the high-grade nature of the Eleonore zone. Highlights: T18RC042 (Eleonore Central) – 7.37 g/t Au over 14 meters, including 19.43 g/t Au over 5 meters on section 9105, 25 meters southwest of section 9130 on which reverse-circulation (RC) holes T16RC032 intersected 9.31 g/t Au over 6 meters. T18RC041 (Eleonore Central) – 1.86 g/t Au over 44 meters, which represent the widest gold intercept in the Eleonore Zone to present, including 9.92 g/t Au over 5 meters. T18DD001 (Eleonore Central) – 6.21 g/t Au over 7.36 meters, including 16.82 g/t Au over 2.5 meters. T18RC046 (Eleonore Central) – 3.16 g/t Au over 2 meters at 179 meters vertical depth, which represents the deepest mineralized intersection recorded at Eleonore Central to date. The results from Eleonore Central further validate the continuity of multiple mineralized structures, the associated gold-bearing quartz veins propagating along regional structures and the associated splays, all of which were previously identified. Latest results also demonstrate that the strike extension of the high-grade gold mineralized structure now extends more than 180 vertical meters. The Phase IV 10,000-meter RC and 5,000-meter diamond-drill (DDH) drilling program was initiated on May 7, 2018 with the objective to convert Inferred Resources to the Indicated and Measured categories, using 40x40 and 40x80 meter grids. As of June 17, 2018, 2,157 meters of DDH drilling and 5,682 meters of RC drilling had been completed.