Tietto Minerals (ASX:TIE) - Managing Director, Dr Caigen Wang
Managing Director, Dr Caigen Wang
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  • Tietto Minerals (TIE) intersects up to 126.57 grams of gold per tonne (g/t) from the Abujar-Gludehi (AG) deposit in Côte d’Ivoire, West Africa
  • Results have been received for a further 12 diamond holes that were drilled to increase the confidence in the current mineral resource estimate
  • Assays are pending for a further 77 holes and an additional 10,000 metres of infill drilling is expected to be completed in early Q4 CY21
  • Tietto ends the day 6.25 per cent in the green with shares trading at 34 cents

Tietto Minerals (TIE) has intersected up to 126.57 grams of gold per tonne (g/t) from 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 have been received for a further 12 diamond holes, for 2127.5 metres, that were drilled as part of Tietto’s infill drilling program.

These holes were designed to increase the confidence in the current mineral resource estimate of 35 million tonnes at 1.5g/t gold for 1.65 million ounces.

Best results include 16 metres at 17.60g/t gold from 69 metres including two metres at 126.57g/t gold; and 18 metres at 3.30g/t gold from 60 metres including seven metres at 6.23g/t gold.

Assays are pending for a further 77 holes and an additional 10,000 metres of infill drilling is expected to be completed in early Q4 CY21.

Managing Director Dr Ciagen Wang commented on the drilling program and results.

“Our infill drilling program at Abujar continues to deliver more high-grade gold intercepts that will further de-risk open pit mining at Abujar,” Dr Wang commented.

“There are assays outstanding for 77 drilled holes and we estimate there is another 10,000 metres remaining to be drilled for the infill program at AG Core.”

“We expect to see more high grades as results from these holes start to come in from the lab. The results from the infill drilling program will be incorporated into the next resource model update currently slated for the end of Q4 2021.”

Tietto has ended the day 6.25 per cent in the green with shares trading at 34 cents in a $145.9 million market cap.

TIE by the numbers
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