Mining project generator Altus Strategies said it had agreed to sell its Zolowo gold prospect in Liberia to Corben Resources.

The company had also agreed to form a joint venture with Corben on its Laboum gold prospect in northern Cameroon.

Altus said it would retain a 2.5% net smelter return production royalty on both projects.

'Based on our exploration to date, we believe these projects are prospective for the discovery of large scale gold deposits,' chief executive Steven Poulton said.

At 1:38pm: (LON:ALS) Altus Strategies Plc share price was 0p at 3.75p