Altus Strategies discovers multiple prospects at Laboum project in Cameroon


Altus Strategies has identified multiple prospects following the completion of a high-resolution ground magnetic survey at its Laboum gold project in northern Cameroon.

The prospects were identified at Landou, Kalardje and Tapare, with a cumulative strike of at least 13.5km, across several parallel zones.

Conducted across a 17.8km-long and 5km-wide shear zone, the geophysical survey demonstrated a correlation between magnetic signatures and regional gold in soil anomalies.

Altus Strategies chief executive Steven Poulton said: “The high-resolution magnetic survey at Laboum has generated encouraging results, defining multiple prospective structures within the approximately 18km-long and 5km-wide shear zone target area at Laboum.

“A clear correlation is apparent between these structures, silicified lithological units, the regional gold in soil anomalies and the presence of artisanal gold workings.”

“The high-resolution magnetic survey at Laboum has generated encouraging results."

Altus will now extend the programme to target potential strike extensions as defined by the presence of artisanal gold workings.

A 218km in-fill sampling programme will also be conducted by the company’s soil sampling teams.

The magnetic data is expected to assist the company in prioritising which soil samples go for assay.

According to the company, the datasets will produce a guide for a systematic trenching programme to define drill targets.

The 10km x 5km magnetic survey allows for the interpretation of the broad regional structure and lithological features, as well as the identification of localised structures within the shear zone.