On Track To Become West Africa’s Next Gold Producer
West African gold explorer and developer Tietto Minerals Limited (ASX: TIE) has intersected more high‐grade gold at the Abujar‐Gludehi (AG) deposit, part of its 3Moz Abujar Gold Project in Côte d’Ivoire, West Africa.
Managing Director, Dr Caigen Wang, said the latest results demonstrates the gold mineralised system’s potential for continued growth, with Tietto is on track to become West Africa’s next gold producer as it develops Abujar, with a PFS and DFS expected this year.
“I am pleased to report further high‐grade intervals at AG, with ZDD410 delivering 6m @ 6.27 g/t Au from 389m part of our 28,000m infill programme scheduled to finish in mid‐April 2021,” Dr Wang said.
“It is a good result, correlating well with the drilling above and below. We will release further drilling results as assays become available.
“The infill drilling was designed to target inferred material in the current resource model, which is on track for an update in May 2021. The updated model will be used to underpin the DFS which is due in Q3 2021.
“Work on the PFS continues and we expect to report the results and a maiden reserve towards the end of the current quarter.”
Tietto’s current Abujar JORC mineral resource of 3.02Moz includes resources from three deposits hosted within the Central Corridor:
- · AG (Abujar Gludehi): 49.6Mt at 1.5 g/t Au for 2.3Moz
- · APG (Abujar Pischon and Golikro): 31Mt at 0.7g/t Au for 0.7Moz
- · SG (South Gamina): 0.5Mt at 1.4g/t Au for 0.02Moz.
The combined strike length of these three prospects accounts for approximately 10% of the overall strike length of the 70km mineralised Abujar gold corridor.
Tietto is currently undertaking 70,000m of systematic diamond drilling across its tenure design to grow existing resources and test new prospects identified by its exploration team.
The programme includes 28,000m of infill drilling and 2,500m geotechnical drilling, with the company now running six company‐owned and operated diamond drill rigs working 24/7 at Abujar on these drill programmes.
It anticipates completing the infill drilling programme by mid‐April 2021. Assays and geological information from this program will be used for the company’s fifth resource model update, due for delivery by end of May 2021, and to be used for mine scheduling studies in the DFS (Q3 2021).
