Tietto Minerals (ASX:TIE) - Managing Director, Caigen Wang
Managing Director, Caigen Wang
Source: Flickr
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Tietto Minerals (TIE) has intersected up to 532.05g/t gold from the Abujar-Gludehi (AG) deposit in Côte d’Ivoire, West Africa
  • To date, 230 diamond holes have been drilled at the overarching Abujar Gold Project to increase the confidence in the mineral resource estimates
  • Tietto will use these latest results in its mineral resource update, which is due to be released at the end of Q2 2021
  • The company is waiting on further results from Abujar with more than 5000 samples at the laboratory currently undergoing analysis
  • Company shares are up 10.3 per cent and shares are trading at 32 cents

Tietto Minerals (TIE) has intersected up to 532.05g/t gold from the Abujar-Gludehi (AG) deposit in Côte d’Ivoire, West Africa.

The AG deposit lies within the Abujar Gold Project, which is situated roughly 30 kilometres from the city of Daloa.

To date, Tietto has drilled 230 diamond holes, for 49,621 metres, to increase the confidence in the mineral resource estimates at the AG and the Abujar-Pischon-Golikro (APG) deposits.

The latest results come from the AG South area where 58 holes, for 8666.5 metres, have been drilled.

Best new results include five metres at 109.06g/t gold from 99 metres, including one metre at 532.05g/t gold and four metres at 26.05g/t gold from 63 metres, including one metre at 50.75g/t gold.

Mineralisation remains open along strike and at depth with Tietto to undertake further drilling to test the gold system.

Tietto will include these results in its mineral resource update which is due to be released at the end of Q2 2021.

“Our infill drilling program at AG south has again exceeded our expectations with multiple ultra-high-grade gold hits,” Managing Director Dr Caigen Wang commented.

“These high impact holes have potential to add material shallow high-grade ounces early in the mine schedule, which we expect to be positive for our open pit optimisation,” he said.

“Once the infill program is completed, we intend to use our diamond drill rigs to test the multitude of exploration targets around our proposed mill at Abujar to drive future resource growth,” he added.

Tietto is waiting on further results from Abujar with more than 5000 samples at the laboratory currently undergoing analysis.

Company shares are up 10.3 per cent and shares are trading at 32 cents at 11:25 am AEST.

TIE by the numbers
More From The Market Herald

" Chalice Mining (ASX:CHN) maintains strong focus on top-tier Gonneville deposit

ASX 200-listed Chalice Mining (ASX:CHN) has had a rocky day on the ASX following the release…
White Cliff Minerals (ASX:WCN) - Technical Director, Ed Mead

" White Cliff Minerals (ASX:WCN) completes Cracker Jack drilling

White Cliff Minerals (ASX:WCN) has completed reverse circulation drilling at the Cracker Jack prospect within its…
Dreadnought Resources (ASX:DRE) - Managing Director, Dean Tuck

" Dreadnought Resources (ASX:DRE) reports delays in results as activity ramps up

Dreadnought Resources (ASX:DRE) said certain results have been delayed until February due to industry-wide obstructions.

" Antilles Gold (ASX:AAU) establishes maiden mineral resource estimate

Antilles Gold (ASX:AAU) announced the company has established the Maiden Mineral Resource Estimate (MRE) for its…