Welcome to Algold Resources Ltd. – (TMX : ALG)

Algold Resources Ltd. – (TMX : ALG) is a mineral exploration company engaged in the acquisition, exploration and development of African mineral properties. ALG is a publicly traded company listed TSX Venture Exchange. The company has recently acquired:

  • Two valuable properties in close proximity of the Tasiast mine in Mauritania,

  • Two strategic properties in Burkina Faso,

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Watch CEO François Auclair's Latest Webcast at the 2014 Precious Metals Summit - Zurich

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Algold’s Highlights

  • In Mauritania, exploration is underway on more than 1,600 km2 of land bordering and on strike (North) with the World Class Tasiast Gold Mine (+15 Moz Au – P+P and M&I).

  • Promising prospects have already been identified (NL – SL – KC): values of up to 57.2 g/t Au and 29.5 g/t Au on NL; 23 g/t Ag, 0.19% Cu, 0.97% Pb, 0.86% Zn on NL; up to 0.58% Cu on SL and 1.7 g/t Au over 5m in DDH SL03.

  • Strong management team and Board including former founders, builders and operators of SEMAFO, Afcan and the first GM of the Tasiast Mine.

  • Strong shareholder base: AngloGoldAshanti (NYSE:AU), Franco Nevada (NYSE:FNV) and Village Main Reef (JSE:VIL) collectively hold approximately 10% of the Company.

  • In Burkina Faso, Algold owns 100% of the rights to 2 properties, on trend with Newmont’s Poura Gold Project (past producing mine).

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