Tietto Hits Multiple High-Grade Gold Intercepts At Abujar - The Assay
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Tietto Hits Multiple High-Grade Gold Intercepts At Abujar

2 days ago
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Tietto Hits Multiple High-Grade Gold Intercepts At Abujar

Number Of Targets Showing Promise In Côte d’Ivoire

West African gold explorer and developer Tietto Minerals Limited (ASX: TIE) has received high‐grade results from multiple targets identified as part of a regional and step‐ out drilling program outside its 3.02‐million‐ounce Abujar Gold Project in Côte d’Ivoire, West Africa, demonstrating the potential for continued resource growth.

Tietto’s regional and step‐out drilling outside the 3.02Moz Abujar gold resource returned strong results from multiple targets, including:

  • 1m @ 46.57 g/t Au from surface at GGL (North of AG Resource)
  • 1m @ 32.58 g/t Au from 167.0m at Koflankro (1km west of AG Resource)
  • 11m @ 2.17 g/t Au from 37.0m incl. 4m @ 5.09 g/t Au at APG (Outside existing APG Resources)
  • 6m @ 2.76 g/t Au from 170.0m incl. 2m @ 7.67 g/t Au at GGL (North of AG Resource)

The company has also uncovered a potential new gold lode discovered at AG West with an intercept of 7m @ 1.33 g/t Au from 20.0m including 1m @ 7.62 g/t Au

Managing Director, Dr Caigen Wang, said Tietto is on track to become West Africa’s next gold producer as it develops Abujar, with a PFS and DFS expected this year.

“Our regional and step‐out drilling, aimed to further grow our 3.02Moz Abujar Gold Project, and has returned results that continue to underline our belief that we’ve only scratched the surface of this large gold system,” Dr Wang said.

“We continue to hit gold mineralisation in new areas where we are drilling for the first time and these high‐grade gold results from regional and step‐out drilling programs provided us with great encouragement.

“We will continue to report our results from these drill programs as we work towards a maiden reserve announcement and completion of a Pre‐Feasibility Study for Abujar later this quarter.”

With six Tietto‐owned diamond drill rigs running day and night for up to 3,000m of drill core per week, we are very pleased to be able to drill for both resource growth and category upgrades simultaneously.”

Tietto is undertaking regional and step‐out drilling at its 3.02Moz Abujar Gold Project as part of a systematic 70,000m diamond drilling program across its tenure designed to grow existing resources and test new prospects identified by its exploration team.

Tietto has completed 58 holes for 11,740.5m over seven prospects (Table 1) and this report relates to results received to date for these holes.

This drilling has returned strong intercepts across multiple targets, including 1m at 46.57 g/t Au from surface at GGL, and encouraging results at Koflankro with 1m @ 32.58 g/t Au from 167m beneath gold in soil anomalism. Gold mineralisation was intersected in drilling at Koflankro over a 600m strike along multiple parallel contacts and over 1,900m of strike still remains to be tested.

Drilling at APG intercepted good widths and grade with 11m @ 2.17 g/t Au from 37.0m incl. 4m @ 5.09 g/t Au, and this has confirmed mineralisation over an additional 400m strike length outside of the current resource model.

Drilling has also intercepted a potential new lode at Abujar Gludehi West (“AG West”, immediate west of the AG deposit), with ZDD417 returning 7m @ 1.33 g/t Au from 20.0m including 1m @ 7.62 g/t Au from beneath a quartz vein mapped on surface.

Tietto has collected 3,089 soil samples over a 200m by 25m grid to test and/or sterilise prospective structures associated with potential infrastructure locations.

The soil sampling programme has successfully identified multiple high‐grade gold in soil hits, including 5,038 ppb gold (5.04 g/t Au). There were more than 75 samples reporting greater than 100ppb gold in soil, including nine samples reporting more than 500ppb Au (0.5 g/t Au)

The company is currently undertaking contract aircore drilling and its own diamond drill rigs will follow up and test these high‐priority targets.

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