Alecto Minerals plc is an African focussed, gold exploration company, quoted on AIM, with core projects in Mali and Burkina Faso.

The Company has a clear vision: to rapidly become a gold producer in Africa.

With this vision in mind, Alecto is advancing partnership and joint venture discussions for its existing solid asset base, whilst also actively evaluating potential acquisition opportunities.

At the Kossanto East Gold Project in Mali, Alecto has identified that future production could be best achieved through joint development with owners of neighbouring assets to deliver rapid production whilst benefitting from cost efficiencies. An initial Scoping Study demonstrated robust economics from a low-cost heap leach operation, which is being further investigated. Additionally, results from scout drilling at the Kossanto West Gold Project, also in Mali, have attracted the interest of potential joint venture partners and negotiations with a potential exploration partner are ongoing.

The Kerboulé Gold Project in Burkina Faso, where the Company reported a non-JORC resource estimate of 6.2Mt grading at 1.16g/t Au for 230,758 oz Au, at a cut-off grade of 0.5g/t Au in January 2015, has the potential to deliver a third partnership opportunity. This provides the Company with continued exposure to the exploration potential of this substantial project in Burkina Faso without further funding or operational commitments. The Kerboulé Project permits are currently undergoing renewal and once complete joint venture discussions will continue.



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