- Tietto Minerals (TIE) has reported further high-grade gold results from its Abujar Gold Project in Côte d’Ivoire, West Africa
- The latest round of diamond drilling has intersected up to 14.24 grams per tonne of gold
- Additionally, the new results have extended the gold mineralisation zone by 100 metres, which remains open along strike and down dip
- Tietto’s 50,000‐metre drill program is aiming to increase the resource of existing deposits as well as identify new prospects
- An updated mineral resource estimate is expected in the September quarter
- Company shares are flat and trading at 34.5 cents each
Tietto Minerals (TIE) has reported further high-grade gold results from diamond drilling at its Abujar Gold Project in Côte d’Ivoire, West Africa.
Tietto’s ongoing diamond drilling program at its Abujar-Gludehi (AG) deposit is testing the extension of high‐grade gold mineralisation. A total of 11 diamond holes for 4834.5 metres have been drilled and results have been received for six of these holes.
Best results include five metres at 14.24 g/t gold from 401 metres, including two metres at 34.7 g/t gold, and eight metres at 3.12 g/t gold from 276 metres.
These results have extended gold mineralisation by more than 100 metres below the existing resource of 19.3 million tonnes at 2.2 g/t gold for 1.38 million ounces. They also support the potential for an underground development below a proposed open pit.
“Our step‐out drilling program targeting depth and strike extensions under the high‐grade core at AG continues to deliver impressive results which have extended gold mineralisation along strike and down dip,” Managing Director Dr Caigen Wang said.
“Our exploration program continues to systematically test the limits of this large high‐grade gold system and we have two diamond drill rigs dedicated to extending the high‐grade core at AG,” he added.
Tietto’s 50,000‐metre drill program is aiming to increase the resource inventory of existing deposits as well as identifying new prospects within the Abujar Project’s 70-kilometre long gold corridor, of which 90 per cent of the strike length is yet to be tested.
The resource update is expected to be complete in the September quarter.
Tietto Minerals is in the grey and shares are trading for 34.5 cents each at 12:34 pm AEST.