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RNS Number : 8450C

Alecto Minerals PLC

30 June 2016

30 June 2016

Alecto Minerals plc

("Alecto" or the "Company")

Result of AGM

Alecto Minerals plc (AIM: ALO), the AIM quoted mineral exploration company focussed on West and East Africa, held its Annual General Meeting earlier today and all resolutions were duly passed.

**ENDS**

For further information please visit www.alectominerals.com, follow us on Twitter @AlectoMinerals, or contact:

 
 Alecto Minerals plc           Tel: +44 (0)20 7499 5881 
  Mark Jones 
 Strand Hanson Limited         Tel: +44 (0)20 7409 3494 
  Andrew Emmott 
  Matthew Chandler 
  James Dance 
 Beaufort Securities Limited   Tel: +44 (0)20 7382 8300 
  Jon Belliss 
 St Brides Partners Limited    Tel: +44 (0)20 7236 1177 
  Elisabeth Cowell 
  Charlotte Heap 
 

Notes to editors:

Alecto Minerals plc is an African focused, gold and base metals exploration and development company quoted on AIM with gold exploration projects in Zambia, Mali, Burkina Faso and Mauritania.

In Zambia, the historical Matala and Dunrobin gold mines have, in aggregate, a 760,000 oz Au JORC Code compliant resource estimate in the Measured, Indicated and Inferred categories at an average grade of 2.3g/t Au. The Company is focused on bringing Matala into low-cost production in the near to mid-term.

In Mali, the Kossanto East project has an inferred JORC Code compliant resource estimate of 6.72Mt grading at 1.14g/t Au for an aggregate of 247,000 oz Au with a cut-off grade of 0.5g/t Au. This is under a co-operation agreement with ASX listed Desert Gold Inc. to evaluate the potential to jointly develop each company's neighbouring projects into production. The Kossanto West Project is under a joint venture with Randgold Resources Limited. In addition, the Company owns the 250 sq. km. Karan gold project in southern Mali which is under joint venture with Cora Gold Limited.

Alecto also owns the Kerboulé Project, located in the highly prospective Birrimian-age Djibo gold belt in northern Burkina Faso, as well as the wholly owned Wad Amour IOCG Project in Mauritania which is at an exploration stage.

Accordingly, the Company has a strong, diversified project portfolio with exciting exploration upside potential.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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