African Gold Ltd (ASX: A1G) has reported a maiden Mineral Resource Estimate (JORC 2012) on its Didievi Project, Cote d’Ivoire. The resource is based on the results of drilling completed by African Gold and previous owners of the project and was prepared by Massa geo services.
Highlights of the resource include:
• Shallow, high grade, maiden gold resource on the Blaffo Guetto Prospect at the Didievi Project
• Inferred: 4.93Mt for 452Koz of gold at 2.9g/t (1.0g/t Au cut off)
• Maiden Inferred Resource is only on the Blaffo Guetto Prospect on the Didievi Project and there are numerous other artisanal gold and geochemical prospects on the Project • Shallow resource area potentially suitable for an open pit mine
• 2,000m diamond drilling programme to commence in August 2024 designed to increase the scale of the resource
Exceptional drilling results from Blaffo Guetto include:
- 10.0m at 123.0g/t gold from 66m including 2.0m at 613.0g/t gold (DRC334)
- 17.4m at 17.0g/t gold from 244m including 1.0m at 216.0g/t gold (DDD0029) (ends in mineralization)
- 83.3m at 3.3g/t gold from 166.9m including 18.0m at 12.0g/t gold (DDD01) (ends in mineralization)
- 80.0m at 3.0g/t gold from 0m including 23.0m at 9.5g/t gold (DDD013)
- 37.0m at 7.7g/t gold from 42m including 24.0m at 11.0g/t gold (DRC208) (ends in mineralization)
- 27.0m at 4.6g/t gold from 46m including 11.0m at 11.1g/t gold (DRC337) (ends in mineralization)
Additionally, broad mineralized halo extending from surface of 231.0m at 1.0g/t gold (DDD044) which included:
- 38.0m at 4.1g/t gold from 165m which is within
- 79.0m at 2.2g/t gold from 152m
- Previously announced exploration target* on the Blaffo Guetto and Pranoi Prospects of 6.8Mt – 15Mt at a grade of 2.7g/t Au – 3.0g/t Au for an exploration target 596,000oz – 1,450,0000oz of gold
As a result of the successful rights issue in May 2024 raising approximately A$1.29M (before costs), the company engaged Massa Geoservices to design a drilling programme on the Blaffo Guetto Prospect aimed at estimating a maiden resource for the project. In conducting a detailed review of the company’s database in order to design the drilling programme, Massa Geoservices determined that there had been sufficient prior drilling completed to estimate a maiden inferred resource. The company is pleased to advise that the Blaffo Guetto Prospect hosts a maiden inferred resource of 452Koz of gold at 2.9g/t (1.0g/t Au cut-off).
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