Tietto Minerals Encounters Big Gold Hit at Abujar Gold Project

THE DRILL SERGEANT: Tietto Minerals (ASX: TIE) reported high‐grade gold results from infill drilling recently completed at the Abujar‐Gludehi (AG) deposit, part of the company’s Abujar gold project in Côte d’Ivoire, West Africa.

Tietto Minerals completed what was the fifth batch of infill drilling at the deposit with the aim of converting a portion of Indicated resources (35Mt at 1.5g/t gold for 1.65Moz) to Measured ‐ targeting the first two years of Abujar’s gold production.

The company hit numerous high‐grade gold intercepts Abujar, with infill drilling at AG Core returning results that included:

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8 metres at 12.43 grams per tonne gold from 187m, including 2m at 48.37g/t gold and 12m at 6.1g/t gold from 208m, including 10m at 7.15g/t gold.

“Our fifth batch of results from our infill drilling program at Abujar is delivering up more high‐grade gold intercepts that continue to de‐risk open pit mining at Abujar,” Tietto Minerals managing director Dr Caigen Wang said in the company’s ASX announcement.

“The infill program is designed to convert Indicated Resources to Measured Resources, which are scheduled to be mined within the first two years of production.

“These impressive results follow our DFS last month that confirmed Abujar’s potential to be one of the largest gold producing mines in Côte d’Ivoire, expected to produce more than 260,000 ounces of gold in the first year and 1.2 million ounces of gold in the first six years.

“We are also extremely pleased with the quality of the institutions that have indicated their interest to provide the project funds needed to develop the Abujar gold project into West Africa’s next gold mine, as announced earlier this week.”

 

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