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Altus expands footprint in Egypt with four new licenses
The Abu Diwan project, located 30 km north-east of the historic El Sid gold mine, which contributed around 45% of Egypt’s gold production during the 20th century. (Image courtesy of Altus Strategies.)

Altus Strategies (LON: ALS) (TSX-V: ALTS) is expanding its footprint in Egypt after securing four new gold exploration licenses in the country’s Eastern Desert, which add to a string of permits it obtained in January.

The British junior said the Egyptian Mineral Resource Authority (EMRA) had granted the permits to the company’s subsidiary, Akh Gold.

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The Abu Diwan project, located 30 km north-east of the historic El Sid gold mine, which contributed around 45% of Egypt’s gold production during the 20th century. (Image courtesy of Altus Strategies.)

Altus Strategies (LON: ALS) (TSX-V: ALTS) is expanding its footprint in Egypt after securing four new gold exploration licenses in the country’s Eastern Desert, which add to a string of permits it obtained in January.

The British junior said the Egyptian Mineral Resource Authority (EMRA) had granted the permits to the company’s subsidiary, Akh Gold.

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