Altus Strategies Plc announced results from its recently completed reconnaissance exploration programme at its 100% owned 412km2 Daro licence (Daro or the Project) located in the Tigray Regional State of northern Ethiopia. The recent reconnaissance exploration programme at Daro has focused on identifying potential gold and copper mineralised Volcanogenic Massive Sulphide ("VMS") deposits within the licence. To guide the reconnaissance programme the Company first undertook a licence wide remote sensing programme, using satellite-borne imagery to generate a number of prospective targets for initial ground truthing. The reconnaissance programme has led to the discovery of the Teklil gold-copper prospect, a 2.5km long zone of interest that has been prospected and which remains open along strike. Teklil hosts a series of alluvial and hard rock gold workings which can be up to 4m deep, a few meters wide and up to 100m long. In addition in-situ gossans and gossanous float material have been observed discontinuously along the strike length of Teklil. Encouragingly a 2kg sample of gossanous float at Teklil returned a copper grade of 34.3% Cu and also contained 0.54g/t Au, 10g/t Ag and 374ppm Zn. The suite of metals from this sample is considered to be consistent with a potential Kuroko type or bimodal VMS system. Elsewhere at Teklil samples collected from in-situ gossan returned encouraging grades of 7.51% Cu, 3.09% Cu and 2.79% Cu as well as anomalous zinc (857 ppm) and cobalt (496 ppm). Daro hosts an ophiolite complex, being a major thrust-bound belt of mafic and ultramafic geological units which is up to 5.5km wide and extends along a NNE-SSW trend for approximately 21km. The Teklil prospect is considered to comprises a 'high strain' inlier of similarly trending metasedimentary rocks, which are up to 250m wide and have an interpreted strike length of approximately 2.5km to date. This zone spatially coincides with a thrust zone previously mapped by the Ethiopian Geological Survey. The highly foliated metasiltstones and quartzites at Teklil are surrounded by a suite of ophiolitic units, including deformed pillow lavas and altered metabasites, with brecciated stockworks also being found in the vicinity. In addition to Cu-Au-Co-Zn mineralisation discovered at the Teklil prospect, a reconnaissance grab sample collected from an artisanal working located approximately 7km to the north and along strike of Teklil returned 81.6g/t Ag and 1.2% Pb with 0.874g/t Au. Approximately 4.5km northwest of the Teklil prospect the Company has identified an extensive area of current and historic intensive artisanal alluvial gold mining within the Ilawit river valley. The workings cover an area of approximately 900m by 500m and typically comprise densely spaced but discrete oval pits (typically 1-3 m wide and dug to a similar depth). Based on the drainage analysis undertaken by the Company it is considered highly likely that the primary source for the gold is located within the Daro licence area. Separately and approximately 4km southwest of Teklil, a number of zones of copper bearing metasiltstone (up to 20m wide) have been identified by the Altus field team. Assay results from this prospect area are currently pending. A comprehensive stream sediment sampling programme is now underway, with 137 samples planned to be collected from the primary catchments across 165km2 of the Daro licence. The objective of this programme is to establish which tributaries potentially host primary gold and /or copper mineralisation. The programme is expected to be completed by the end of February.