Altus Strategies Plc announced the completion of the stage-1 Reverse Circulation drilling programme and associated passive seismic surveys at its Lakanfla gold project located in western Mali. Exploration activities at Lakanfla are being funded by Marvel Gold Limited under its joint venture with Altus. Completion of 3,800m RC drilling programme at Lakanfla gold project in western Mali Results confirm significant karst-style system along 6km margin of granite intrusion Widespread low-grade gold mineralisation and unconsolidated karst material intersected Granite margin target zone has yet to be systematically intersected Historic drilling into granite intersected 44m at 1.3 g/t Au and 72m at 1.0 g/t Au Licence-wide soil geochemistry programme has defined several new potential drill targets Marvel has earned a 33% interest in the Project and commenced JV stage-2, to earn an aggregate 51% of the Project Altus holds a 2.5% Net Smelter Return gold production royalty on Lakanfla. The JV stage-1 drilling programme and passive seismic surveys have successfully proven the existence of a karst system, helped to define the likely size and shape of the karst system and returned multiple intersections of anomalous gold. A three-dimensional structural interpretation has been created based on the passive seismic survey data. This interpretation will be used to guide follow up drilling to better target the `shoulders' of the central granodiorite body, which may host a supergene blanket of enriched gold mineralisation. The next stage of exploration at Lakanfla will focus on three key areas: Refining the karst model and associated targeting of gold mineralisation. Delineation and development of existing gold mineralisation within the granodiorite intrusion; and · Systematic exploration across the Project. Lakanfla has significant inherent value from existing near-surface gold mineralisation that has already been defined by historical drilling and significant hard rock artisanal gold workings within and around the central granodiorite intrusion. A work programme is being developed to convert the known mineralisation within the granite intrusion to a JORC Code resource. This programme is expected to include diamond drilling for the purposes of establishing the density and metallurgical characteristics of the deposit and to expand the area of mineralisation. Whilst completing the 3,800m RC drilling campaign at Lakanfla in late 2020, a total of 623 soil samples were collected to provide comprehensive and systematic coverage of the Project. Gold assays of these samples are shown in Figure 5. The soil results are particularly encouraging with peak values of 39.1 g/t Au and 4.2 g/t Au in soil. The first result is significant in that this sample comes from an area in the north of the Project that has not been disturbed by artisanal mining. This may represent a new target if the anomalous sample has support from other datasets and is found to be in-situ. The soil samples have also been sent for further multi-element analysis in Canada, to determine the level of pathfinder elements to gold, with these multi-element assays still outstanding at the time of this announcement. Marvel has the right to earn up to an 80% interest in Lakanfla by sole funding four stages of exploration, culminating in a definitive feasibility study, and by making certain cash payments to Altus. Thereafter, Altus has the right to co-fund or dilute its 20% interest in the Project. Altus will retain a 2.5% NSR royalty on the Project and Marvel will have the right to reduce the NSR to 1.0% for a payment to Altus of between USD 9.99M and USD 15.00M.