Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Tietto Hits has intercepted high-grade gold intercepts at its Abujar project in Cote D’Ivoire.
  • Gold grades up to 14.8 grams per tonne have been identified, following a 30,000 metre diamond drilling campaign
  • The Abujar project is forecast to hold 1.7 million ounces of gold
  • Tietto Hits’ share price is up 15.91 per cent today, currently sitting at 26 cents apiece

High-grade gold intercepts have been discovered at Tietto Hits’ Abujar project in Cote D’Ivoire.

The latest finds were identified during the company’s diamond drilling project, which targeted the Abujar-Gludehi (AG) deposit.

Gold grades up to 14.8 grams per tonne from 42 metres were recorded during the 30,000 metre drill campaign.

Abujar-Gludehi is forecast to produce 1.06 million ounces of gold and makes up part of the 1.7 million ounce Abujar Gold Project.

“Once again, we are very pleased to report more wide, exceptionally high-grade intercepts at AG. Our 3 diamond drills continue to hit wide high-grade intervals on section after section,” Tietto’s Managing Director, Dr Caigen Wang, said.

The company also operates gold projects in neighbouring country Liberia, solidifying its presence in West Africa.

Today the market has responded favourably to Tietto Hits’ high-grade gold finds. Shares in the company are trading for 26 cents apiece after a 15.91 per cent boost, just before market close.

TIE by the numbers
More From The Market Herald
Kuniko (ASX:KNI) - CEO, Antony Beckmand

" Kuniko (ASX:KNI) encounters encouraging assays in Norway

Kuniko (KNI) has encountered encouraging assay results from its newly acquired Nord-Helgeland Project in Norway.
Essential Metals (ASX:ESS) - Managing Director, Tim Spencer

" Essential Metals (ASX:ESS) rides lithium boom with sale of Mavis Lake

Essential Metals (ESS) is looking to capitalise on the current “strong interest in lithium,” inking a deal to sell its stake in the
Poseidon Nickel (ASX:POS) - MD and CEO, Peter Harold

" Poseidon Nickel (ASX:POS) reports latest results from Tundra-Mute

Poseidon Nickel (POS) has provided an update on exploration activities within its Black Swan project in Western Australia.

" Anova Metals (ASX:AWV) begins drilling at Big Springs

Anova Metals (AWV) has begun the 2021 reverse circulation (RC) drilling program at its Big Springs gold project in Nevada.