Alecto Minerals - Drilling contract signed for Wad Amour Project

ALO Fri, 21 Mar 2014, 12:00am GMT

CEO Mark Jones comments "We are delighted to be progressing our Mauritanian Wad Amour Project with a well-defined and targeted RC drilling programme.? The visible copper mineralisation at surface across the Chiron target shows exciting potential if the trend can be replicated at depth as this current target is more than 300 metres long and 150 metres wide, within a wider area of mineralisation up to 3 km in length.? Establishing a viable copper asset in Mauritania will strengthen Alecto's diversified portfolio, which also includes our flagship Kossanto Gold Project in Mali where drilling is focussed on significantly increasing the current 107,000 ounce gold resource, and our Ethiopian gold projects which are held under a Joint Venture with Centamin plc, providing security and value to our shareholders."