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Exploring World Class Potential, Cote d’Ivoire
Projects Overview
Q1 2020
Q3 2019EXPLORE DISCOVER REPEAT 1AIM ALS TSX.V ALTS
2Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
This presentation is being made only to and is directed at:
- persons who have professional experience in matters relating to investments falling within Article 19(1) of the
Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the ‘’Order’’); or
- high net worth entities and other persons to whom it may otherwise lawfully be communicated, falling within Article
49(1) of the Order (all such persons together being referred to as ‘’relevant persons’’).
Any person for whom this does not apply should not act or rely on this presentation or any of its contents.
Disclaimer and Forward Looking Statement
3Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
One of Africa’s most developed countries
For the last 5 years Cote d’Ivoire’s growth rate among the highest in the word
GDP growth in 2017 of 7.6%, 5th highest in the world
Major gold producer in Africa, 771,600oz Au produced per annum (2016)
Became EITI compliant in 2013 (Extractive Industries Transparency Initiative)
Underexplored country hosting 35% of West Africa’s Birimian granite-greenstone belts
Cote d’Ivoire – Country Overview
4Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Exploration permit valid for 4 years with two renewals of 3 years. Further 2 year term for feasibility study
Mining permit valid for 20 years with 10 year renewals
Tax exemption for first 5 years
10% government free carried interest following repayment of capital
International mining companies already active:
Cote d’Ivoire – Country Overview
Name Ticker MCAP Asset
Endeavour Mining TSE : EDV C$2.02BIty – 2.1 Moz
Agbaou – 1 Moz
Perseus MiningASX : PRU
TSX : PRUA$388M
Sissingue – 1 Moz
Yaoure – 5.7 Moz
Newcrest TSX-V : NCM A$15.18B Bonikro – 1.4 Moz
Randgold Resources LON : RRS £5.04B Tongon – 4.3 Moz
Sama Resources TSX-V : SME C$56.53MSamapleu – M&I 14.16Mt @ 0.24% Ni & 0.20% Cu and
Inferred 26.48Mt @ 0.24% Ni & 0.18% Cu
5Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Cote d’Ivoire – Project Overview
Prikro Au Project
Eastern Cote d’Ivoire
Aucrest Sarl
Q2 2019EXPLORE DISCOVER REPEAT 6AIM ALS TSX.V ALTS
7Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Prikro Project - Overview
Land package of 369.5km2 located in eastern Cote d’Ivoire
Permit 100% owned by Aucrest Sarl, a 100% owned subsidiary of Altus Strategies Plc
Accessible via a series of tracks from the towns of Agnibilekrou and Koun-Fao
Located within a typical Birimian age granite-greenstone belt
Project hosts historically reported Au, Cu, Zn and Mo occurrences
Artisanal mining licences proximal to project
Project geology includes major NE-SW trending shear zones within granitic intrusives and metasediments
Intrusives historically interpreted to intrude along axis of major fold nose
Reconnaissance exploration completed to date, targets defined for ground magnetics and termite sampling
Altered metagreywacke Mapping, Prikro Weathered, vuggy quartz vein
8Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Prikro Project – Regional Competitors
9Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Prikro Project – Geology
10Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Prikro Project – Satellite Imagery, Structural Interpretation
Zuenoula Au Application
Central West Cote d’Ivoire
Aucrest Sarl
Q2 2019EXPLORE DISCOVER REPEAT 11AIM ALS TSX.V ALTS
12Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Zuenoula Au Project - Overview
Permit application lodged and awaiting final permit documents
Land package of 399.9km2 located in central west Cote d’Ivoire
Permit 100% owned by Aucrest Sarl, a 100% owned subsidiary of Altus Strategies Plc
Accessible via a series of tracks from the major town of Zuenoula 2.5 hours via tar road from Yamoussoukro
Located within a typical NNE trending Birimian age granite-greenstone belt
Along strike of Tietto Minerals’ 0.7 Moz Abujar project
Permits targets the point of divergence of regional crustal scale NNE to NE trending structures
Historic air magnetic data interpretation indicates oblique ENE trending structures in a 22km long corridor
Oblique ENE structures up to 4km in strike length
Apparent structural complexity may be excellent plumbing system for potential gold mineralisation
Project comprised metasediments, metabasalts and syn-tectonic granitoid intrusives
13Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Zuenoula Project – Regional Competitors
14Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Zuenoula Project – Geology
15Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Zuenoula Project – Air Magnetics, Regional Major Structure Interpretation
16Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Zuenoula Project – Air Magnetics, Local Structure Interpretation
Toura Ni-Co Application
West Cote d’Ivoire
Apalex Sarl
Q2 2019EXPLORE DISCOVER REPEAT 17AIM ALS TSX.V ALTS
18Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Permit application lodged and awaiting final permit documents
Land package of 168.86km2 located in west Cote d’Ivoire
Permit 100% owned by Apalex Sarl, a 100% owned subsidiary of Altus Strategies Plc
Located 45 minutes from the town of Biankouma and 1 hour 15 minutes from the regional capital city, Man
Permit accessible via well maintained laterite roads
Toura adjacent to Silipou Ni-Co laterite Project of Nickel de l’Ouest (NOCI) including the Silipou mining permit
35km from Sama Resources’ Ni-Cu-Pd project with sulphide lenses hosted in mafic-ultramafic intrusives
Local geology comprised gneissic granitoid and granitoid intrusives, basic plutons and metasediments
Lithologies typical of the regional Birimian granite-greenstone belt
Basic plutons mapped regionally as orthopyroxene and olivine rich norite
Highly weathered, lateritised norite a potential target source for Ni-Co laterite development
Toura Ni-Co Project - Overview
19Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Toura Ni-Co Project – Regional Competitors
20Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Toura Ni-Co Project – Geology
21Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Toura Ni-Co Project – Regional Competitors, Geological Targets
22Q1 2020EXPLORE DISCOVER REPEATAIM ALS TSX.V ALTS
Toura Ni-Co Project – Topography & Infrastructure
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