Alma Gold Inc. announced that it has recently acquired three exploration licences or "Autorisation de Reconnaissance" near the town of Dialakoro in the Mandiana Prefecture in northeast Guinea (the "Dialakoro Project"). A fourth exploration licence located 30 km to the south is still pending and expected to be granted by the Guinea government shortly. These four exploration licences are located within the Upper Birimian to Lower Tarkwa Group of sedimentary rocks of the world-class orogenic gold producing district known as the Siguiri Basin in northeast Guinea.

The Dialakoro Project is considered an extension of the Niaoulini - Kobada - Sanankoro gold-hosted regional structural corridor crossing the Guinea-Mali border. Combined, these four exploration licences total approximately 314 km in size. Dialakoro Project Details.

The Dialakoro Project are comprised of three exploration licences or "AutORisation de Reconnaissance" located immediately southwest of the Guinea-Mali border and one pending licence located 30 km to the South. The three northern exploration licences occur adjacent to significant geochemical anomalies identified on the Niaouleni licence owned by Sylla Gold. In addition, on the pending southern exploration licence to the south, which is transected by a north-south shear zone, previous operators noted significant soil geochemical anomalies.

Under the Guinean Mining Code, an "Autorisation de Reconnaissance" is considered the first stage in exploration Licensing and is valid for up to six months giving the owner the exclusive right to complete exploration activities on a property. Types of exploration activities during this initial grassroots phase include prospecting, geophysics, or geochemical surveys with the goal to discover gold mineralization within the licence areas. The three new exploration licences cover the Guinean extension of a Malian regional corridor known as the Niaoulini - Kobada - Sanankoro Corridor.

This prominent corridor includes at least four local inferred structural corridors identified based on the interpretation of the structural links between: the local artisanal activities in the region, known economic gold deposits in the region (i.e., Kobada and Cora deposits), the adjacent Niaoulini Gold Project (Sylla Gold) and a small artisanal exploitation on the boundary limit. Several local inferred structural corridors have a strong correlation with a regional shear zone depicted on the geoscientific map of Guinea. Up until recently, the area covering these new exploration licences, granted to Alma Gold, were exclusively reserved for artisanal (orpailleur) mining activities.

However, the Guinean government has granted these particular licences for the first time. Using high-definition satellite imagery, the Alma Gold exploration team precisely marked the location of the Guinea-Mali border and any artisanal activities within the licence areas. This was done in order to aid its planned exploration efforts and to provide this information to the local community and artisanal miners in the region.

Alma Gold's immediate plan is to complete the acquisition of the remaining exploration licence, and completing a program of prospecting, mapping and termite mound sampling. Following these activities, the next step would be to perform air core (AC) or reverse circulation (RC) drilling to assess the presence of gold.