Altus Strategies Plc (AIM: ALS, TSX-V: ALTS, OTCQX: ALTUF) announces the intersection of high gold grades from Reverse Circulation ('RC') drilling at the Diba NW prospect, which forms part of the Company's 100% owned, 105 square kilometres combined Diba & Lakanfla gold project ('Diba & Lakanfla' or the 'Project') in western Mali.

The Project hosts numerous gold prospects including a shallow-dipping, near-surface gold deposit (the 'Diba Deposit') and the Diba NW prospect located on the Diba licence, as well as the Lakanfla Central and Lakanfla West prospects, located on the Lakanfla licence, approximately 5km east of the Diba licence.

Steven Poulton, Chief Executive of Altus, commented: 'We are delighted to report on these high-grade results from the Diba NW prospect. Intersections of 4.76 g/t Au over 12m from 102m and 8.74 g/t Au over 7m from 119m (not true widths) are excellent. Diba NW is located 0.5km northwest of the Diba Deposit and is modelled as a coherent series of shallow-dipping, near-surface lenses of gold mineralisation along a discontinuous strike length of approximately 1.5km. These new high-grade intersections indicate the presence of potentially enriched zones, or sub vertical mineralised structures, at Diba NW which will be the subject of follow-up exploration.

'The current drilling programme comprises up to 10,000m of DD and RC and is designed to test the potential down-dip and along-strike extensions of the Diba Deposit and the Diba NW prospect. Drilling is also planned at the Lakanfla Central prospect at the Company's 100% owned Lakanfla licence, located approximately 5km east of the Diba licence. Once completed, the drilling results will feed into an updated MRE for the Diba Deposit and a potential maiden MRE for the Diba NW and Lakanfla Central prospects. This work will be followed by an updated Preliminary Economic Assessment for the Project. We look forward to updating shareholders as further results are received.'

Diba Licence: Drilling Programme

The drilling programme is being undertaken by Capital Drilling Limited and comprises up to 10,000m of DD and RC across the Diba Deposit, the Diba NW prospect and the Lakanfla Central prospect. To date, approximately 5,400m of RC and 1,360m of DD has been completed.

The DD programme is primarily testing the extent of the high-grade zone of mineralisation within the current Diba Deposit, as well as the down-dip extension of the mineralised lenses. In addition, the DD programme is producing orientated core to enable a better structural understanding of the Diba Deposit and samples for density measurements, to better understand any variations between the oxide, transitional and fresh rock domains.

The RC programme is primarily targeting on strike and down-dip extensions of the known lenses of mineralisation at both the Diba Deposit and Diba NW prospect. In addition, RC holes will test the potential of the Lakanfla Central prospect.

Diba Licence: Initial Drilling Results

Assay results for 27 drill holes have been received to date from the Diba Deposit and Diba NW prospect from the current programme. The holes were drilled at -60 degrees inclination and range between approximately 75m to 215m in length. The drilling was orientated perpendicular to the interpreted structural orientation of the Diba Deposit and Diba NW prospect.

Diba Deposit Mineral Resource Estimate

The 81km2 Diba gold project (Korali Sud licence) and the 24km2 Lakanfla gold project are located 5km apart in the Kayes region of western Mali, approximately 450km northwest of the capital city of Bamako. Diba & Lakanfla is located adjacent to the multi-million ounce Sadiola gold mine licence and 35km south of the multi-million ounce Yatela former gold mine, both acquired by Allied Gold Corporation from the previous operators AngloGold Ashanti (JSE: ANG, NYSE: AU and ASX: AGG) and IAMGOLD Corporation (TSX: IMG and NYSE: IAG). Mineralisation hosted on these mines is not necessarily indicative of mineralisation hosted at Lakanfla.

Diba Licence: Geology and Mineralisation

Mineralisation at Diba is sediment-hosted within a series of stacked quartz lenses, typically between 20m and 40m thick. The lenses are shallow-dipping at approximately 30 degrees angled to the east/east-southeast. The Diba Deposit is considered to be controlled by a number of northwest and northeast orientated structures, with gold occurring as fine-grained disseminations in localised high-grade, calcite-quartz veinlets. Alteration at Diba is typically albite-hematite+/-pyrite, although pyrite content is generally very low (

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