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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Alecto Min | LSE:ALO | London | Ordinary Share | GB00B5SCHP68 | ORD 0.01P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.06625 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMALO
RNS Number : 8450C
Alecto Minerals PLC
30 June 2016
30 June 2016
Alecto Minerals plc
("Alecto" or the "Company")
Result of AGM
Alecto Minerals plc (AIM: ALO), the AIM quoted mineral exploration company focussed on West and East Africa, held its Annual General Meeting earlier today and all resolutions were duly passed.
**ENDS**
For further information please visit www.alectominerals.com, follow us on Twitter @AlectoMinerals, or contact:
Alecto Minerals plc Tel: +44 (0)20 7499 5881 Mark Jones Strand Hanson Limited Tel: +44 (0)20 7409 3494 Andrew Emmott Matthew Chandler James Dance Beaufort Securities Limited Tel: +44 (0)20 7382 8300 Jon Belliss St Brides Partners Limited Tel: +44 (0)20 7236 1177 Elisabeth Cowell Charlotte Heap
Notes to editors:
Alecto Minerals plc is an African focused, gold and base metals exploration and development company quoted on AIM with gold exploration projects in Zambia, Mali, Burkina Faso and Mauritania.
In Zambia, the historical Matala and Dunrobin gold mines have, in aggregate, a 760,000 oz Au JORC Code compliant resource estimate in the Measured, Indicated and Inferred categories at an average grade of 2.3g/t Au. The Company is focused on bringing Matala into low-cost production in the near to mid-term.
In Mali, the Kossanto East project has an inferred JORC Code compliant resource estimate of 6.72Mt grading at 1.14g/t Au for an aggregate of 247,000 oz Au with a cut-off grade of 0.5g/t Au. This is under a co-operation agreement with ASX listed Desert Gold Inc. to evaluate the potential to jointly develop each company's neighbouring projects into production. The Kossanto West Project is under a joint venture with Randgold Resources Limited. In addition, the Company owns the 250 sq. km. Karan gold project in southern Mali which is under joint venture with Cora Gold Limited.
Alecto also owns the Kerboulé Project, located in the highly prospective Birrimian-age Djibo gold belt in northern Burkina Faso, as well as the wholly owned Wad Amour IOCG Project in Mauritania which is at an exploration stage.
Accordingly, the Company has a strong, diversified project portfolio with exciting exploration upside potential.
This information is provided by RNS
The company news service from the London Stock Exchange
END
RAGAKKDDNBKDCAN
(END) Dow Jones Newswires
June 30, 2016 09:30 ET (13:30 GMT)
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