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Altura Energy Corp. reports developments tied to its helium assets in Arizona's Holbrook Basin, including pipeline installation, well tie-ins, workovers, and acreage expansion around the Pinta South Helium Field. Company updates also cover farm-in agreements, field infrastructure, helium production plans, and project-level activity at the Saddle Horse Draw target.
Altura news also includes public-company capital and governance items such as common-share issuances for services, advisory and investor-relations arrangements, and shareholder ownership notifications.
Altus Strategies announces a robust Mineral Resource Estimate at its Tabakorole gold project in Mali, showing a significant increase in gold resources. The new estimate reveals:
- 16.6 million tonnes at 1.2 g/t Au for 620,000 ounces (Inferred)
- 7.3 million tonnes at 1.2 g/t Au for 290,000 ounces (Indicated)
This marks a 54% increase in ounces and a 20% increase in grade compared to previous estimates. Resource expansion drilling is set for Q4 2020, while preliminary metallurgical studies will also commence.
Altus Strategies has commenced trading on the OTCQX Best Market in the United States under the ticker symbol ALTUF. This advancement aims to enhance the company's visibility among U.S. investors seeking exposure to the precious metals sector. Altus, known for its royalty and project generation model, is upgrading from the OTC Pink Sheets, emphasizing its commitment to high financial standards and corporate governance. With institutional shareholders and a focus on Africa, Altus continues to expand its precious metals portfolio.