Exploration workers. Source: Tietto Minerals
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Tietto Minerals (TIE) intersects up to 119.07 grams of gold per tonne (g/t) at the Abujar-Gludehi (AG) deposit in Côte d’Ivoire, West Africa
  • Results come from a further 40 diamond holes drilled to increase the confidence in the current Abujar mineral resource estimate
  • Results have now been received for 160 holes with a peak gold grade of 143.77g/t intersected
  • The gold mineralisation at the AG deposit remains open and Tietto plans to undertake further drilling to assess the potential for underground mining
  • Shares in Tietto are up 6.33 per cent on the market and are trading at 42 cents

Tietto Minerals (TIE) has intersected up to 119.07 grams of gold per tonne (g/t) at the Abujar-Gludehi (AG) deposit in Côte d’Ivoire, West Africa.

The Abujar-Gludehi deposit is part of Tietto’s Abujar Gold Project which lies roughly 30 kilometres from the city of Daloa.

Results come from a further 40 diamond holes drilled to increase the confidence in the Abujar mineral resource estimate of 1.5g/t gold for 1.65 million ounces.

Results include three metres at 79.78g/t gold from 227 metres including two metres at 119.07g/t gold, and five metres at 14.44g/t gold from 91 metres including two metres at 35.58g/t gold.

Managing Director Dr Caigen Wang was pleased with these results.

“Our seventh batch of results from our infill drilling program at AG Core has delivered more high-grade gold intercepts that will de-risk open pit mining at Abujar,” Dr Wang stated.

“Our infill program is designed to convert indicated resources to measured resources, which are scheduled to be mined within the first two years of production.”

Results have now been received for 160 holes with a peak gold grade of 143.77g/t intersected.

The gold mineralisation at the AG deposit remains open and Tietto plans to undertake further drilling to assess the potential for underground mining.

Shares in Tietto were up 6.33 per cent on the market and were trading at 42 cents at 12:07 pm AEDT.

TIE by the numbers
More From The Market Herald
The Market Herald Video

" Askari Metals (ASX:AS2) acquires Barrow Creek Lithium project after raising $2.6m

Askari Metals (ASX:AS2) has acquired the Northern Territory Barrow Creek Lithium project after completing a $2.6…
Agrimin (ASX:AMN) - CEO, Mark Savich

" Agrimin (ASX:AMN) announces $7m cap raise

Following a trading halt earlier in the week, fertiliser development company Agrimin (ASX:AMN) has announced plans…

" Race Oncology (ASX:RAC) reports $1.8m in cash outflows

Race Oncology (ASX:RAC) reports $1.8 million in cash outflows