Join our daily newsletter At The Bell to receive exclusive market insights
- Tietto Minerals has received additional high-grade gold assays from its Abujar Gold project in Cote d’Ivoire, West Africa
- Results grading up to 100.39g/t gold were intersected
- Three drill rigs are drilling around 4500 metres per month
Tietto Minerals has received more high-grade gold assays from its Abujar Gold project in Cote d’Ivoire, West Africa.
Results grading up to 100.39g/t gold were intersected with other notable results of 1 metre at 46.74g/t gold from 55 metres, 1 metre at 34.59g/t gold from 218 metres, and 7 metres at 20.63g/t gold from 254 metres.
“We are very pleased to report more wide high grade intercepts,” Managing Director Caigen Wang said.
“These results will add near surface high-grade ounces to the resource. We are also reporting on some very good results from a step back hole that extends continuation of high-grade mineralisation down to 300 metres below surface and outside the current resource,” Caigen commented.
The Abujar gold project is located approximately 30 kilometres from the regional city of Daloa in central western Cote d’Ivoire.
It is comprised of three tenements, Middle, South and North, and has a total land area of 1114 square kilometres – of which less than 10 per cent has been explored.
The ongoing diamond drilling program tested the high-grade core of the 1.06 million ounce Abujar-Gludehi (AG) gold deposit which lies within the 1.7 million ounce Abujar project.
This intensive diamond drilling is ongoing as part of a 30,000 metre drilling campaign for a resource upgrade that remains on track for release in the upcoming December quarter.
In April the mineral resource for the AG gold deposit increased 146 per cent to sit at 15.7 million tonnes at 2.1g/t gold for 1.06 million ounces of gold.
Tietto currently has three diamond drill rigs that are drilling around 4500 metres per month forming part of the 30,000 metre diamond program.
The drilling is on track to achieve an increase in the mineral resource inventory as well as increase confidence in the classification of resources by the end of the December 2019 quarter.
