Mali: Altus Strategies Announces Increase In Resources For The Diba Gold Project

Gold resources from the Diba project in Mali have increased, now totaling more than 400,000 ounces in the indicated and inferred categories. This is what Altus Strategies, the asset holder, said on Monday, adding that these figures will soon be improved thanks to new drilling.

In Mali, the mining company Altus Strategies released a new resource estimate for the Diba gold project on Monday. Made by the engineering company Mining Plus as part of the prefeasibility study for the project, this update indicates a 637% increase in resources classified as "inferred".

The latter went from 32,500 ounces of gold to 5.4 million tonnes of resources grading 1.06 g / t of gold, or 187,000 ounces. At the same time, resources classified in the "indicated" category are now 4.8 million tonnes grading 1.39 g / t gold, or 217,000 ounces.

"There is significant exploration potential for new discoveries at Diba, with seven priority prospects still to be systematically tested by drilli…

Snow crab fishing is delayed

The Canadian federal government has delayed the opening of the snow crab season in the Gulf of St. Lawrence due to concerns associated with the COVID-19 pandemic. The Department of Fisheries and Oceans said this week that its decision to postpone the start of the season will allow everyone involved in this industry to put in place the measures necessary to ensure everyone's health and safety.
Snow crab fishing

Companies processing seafood in the Maritimes have asked Ottawa to delay the crab and lobster season, noting that if it goes ahead as originally agreed, then fishing could pose a health risk workers - and ultimately consumers - during the COVID-19 pandemic. Federal authorities have mentioned that they will postpone the start of the 2020 season in zone 12, near the Magdalen Islands, to April 24, while fishing elsewhere in the Gulf of St. Lawrence, such as zones 12C , 15, 16 and 16A, will be postponed until May 1st.

Zone 12 represents Quebec's most important territory for snow crab fishermen, and the season started everywhere else in the province three weeks ago.

"Quebec players in the fishing industry were unanimous in their desire to start the season now, in order to benefit from the longest fishing period possible before the arrival of right whales in the sector," said AndrĂ© Lamontagne , the Quebec Minister of Agriculture, Fisheries and Food. "Because of their imminent arrival, the federal government’s decision will deprive Quebec fishermen of two crucial weeks, risking penalizing the economy of our coastal regions," he added.

However, a note sent to federal ministers by the New Brunswick and Nova Scotia Lobster Processors Association warned that even if new protocols were adopted in factories to prevent the spread of the virus, processors and fishermen are at risk of working close to each other in areas where hospital resources are limited.

The crab season in the Gulf of St. Lawrence was set to begin in the coming days, once the ice cover had disappeared. The eastern provinces have declared fishing an essential service, but one company recalled that the main markets for snow crab - Japan and the United States - are virtually stalled, as the restaurants, casinos and cruise ships are all closed.

Lynn Albert, who runs two lobster and crab processing plants in the Magdalen Islands, said her products would lose value if they got stuck in distributors' warehouses. "It is very risky to start such businesses in small rural communities and spread the virus when there is no emergency protocol for the product," she said. As everyone knows, the planet is on hiatus ... and I don't think that in the middle of a crisis people will rush for snow crab. " She added that the average age of employees at her company "The Renaissance of the Islands" is 62. It employs 350 people and processes five million pounds of lobster and snow crab each spring.