Welcome to Algold Resources Ltd.


Logo-LightBGAlgold (TSX-V: ALG) is exploring three prospective gold projects in Mauritania.

Algold has a strong management team and board including former founders, builders and operators of SEMAFO, Afcan, Rio Narcea, and the first GM of the Tasiast Mine.

Algold has a strong shareholder base: Board and Management own over 10%; US Institutional Investors +10%; French Family Trust +10%; AngloGoldAshanti (NYSE:AU) and Franco Nevada (NYSE:FNV) collectively hold approximately 5% of the Company.

Algold is fully funded: > C$7.0 M raised in 2016.

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Watch CEO François Auclair's Latest Webcast at the 2016 Beaver Creek Precious Metal Conference

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Algold’s Highlights

  • A leading gold explorer with over 3,500 km2 of permitted land in Mauritania bordering and on strike (north and south) with a world class gold mine (+15 Moz Au – P+P and M&I)
  • The Tijirit Exploration License shows the potential to host a >1.5M ounce gold deposit within four (4) prospects. The project is situated 30 km southeast of the Tasiast mine and was acquired from Gryphon Minerals (ASX) for 10M shares of Algold. Best intersects within the 4 prospects include (historical):
    • 6m @ 17.63 g/t Au, 8m @ 2.97 g/t (Eleanor Prospect)
    • 6 m @ 10.47 g/t Au, 4m @ 9.63 g/t Au (Sophie Prospect)
    • 67 m @ 1.16 g/t Au, 2m @ 20.90 g/t Au (Lily Prospect)
  • Algold also own the promising Legouessi and Kneivissat Licenses. Rock chip samples have returned values 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
    • 1.7 g/t Au over 5m in DDH SL03
  • Algold recently announced a baseline maiden resources at Tijirit, which de-risks and advance Algold to NI 43-10 resources compliant status.

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