Algold Resources Ltd. ALGDF

More good news - Files NI 43-101 Technical Report

[Viosimiri]

Algold Further Defines and Extends the High-grade Mineralization at Tijirit

MONTREAL, June 15, 2017 /PRNewswire/ --

Files NI 43-101 Technical Report

ALGOLD RESOURCES LTD. (TSXV: ALG) ("Algold" or the "Corporation") today announced more assay results from the diamond ("DDH") and reverse-circulation ("RC") drilling carried out on its Tijirit property ("Tijirit") in Mauritania, as part of the Corporation's Phase III 25,000-meter drilling campaign. The results continue to demonstrate the high-grade nature of the mineralization, both near surface and at depth over the 3.4-kilometer strike length of the Eleonore zone.

Note: Complete assay results are available on Algold's website (https://www.algold.com)

Filing of a Technical Report
Algold will file a technical report entitled "Tijirit Property NI 43-101 Technical Report with Resource Estimate Update, Tijirit, Mauritania" dated June 15, 2017 (the "Report"), which was prepared by Yann Camus, P.Eng., SGS Geostat, Blainville, Canada an independent Qualified Person (as defined in NI 43-101). The Report supports the Corporation's disclosure in its news release issued on May 1, 2017, entitled "Algold More Than Doubles Inferred Mineral Resources at Tijirit, Gold Grade up by 25%." The Report will be filed today on SEDAR (https://www.sedar.com) and also made available on the Corporation's website (https://www.algold.com).