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Tietto Minerals Ltd.
Summary
| Project: | Abujar | |
|---|---|---|
| Deposit: | AG | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 12/12/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 12-12-2019: Tietto Minerals Ltd. announces an Exploration/Drilling Update report for its AG deposit at the Abujar project. Drilling results incl. 25m @ 3.24g/t Au from 450m. West African gold explorer and developer Tietto Minerals Limited (ASX: TIE) is p | |
| Resources: | (Resource, I+I): 45.49Mt @ 1.5g/t Au for 2.15Moz Au contained | |
| CP/QP: | [Overall Report]: Mark Strizek (Internal) | |
| ABSTRACT: | West African gold explorer and developer Tietto Minerals Limited (ASX: TIE) is pleased to report further high‐grade results from diamond drilling, which have extended gold mineralisation to 400m depth, at the Abujar‐Gludehi (AG) Deposit, part of its Abujar Gold Project, in Côte d’Ivoire, West Africa. The Abujar‐Gludehi (AG) deposit has a high‐grade core of 19.3Mt @ 2.2g/t Au (1.38Moz gold) within the 2.2Moz Abujar Gold Project based on the Mineral Resource Estimate delivered in November 2019. Tietto is undertaking a 50km drill program using Company‐ owned drill rigs to continue rapid growth of its gold inventory. Tietto Managing Director, Dr Caigen Wang, said: “Our deeper drilling below the existing AG resource has confirmed the system remains open down to 400m below surface. We have completed the first seven holes (for ~3.5km) to an average depth of 500m, and have received assay results for six which confirm wide high‐grade gold mineralisation over a strike of 500m below our current resource model. We expect to further extend this with receipt of results for the final hole.” “We are waiting on results for another eight holes (for ~2.7km) drilled at AG, including two holes on Section Lines 7 and 9, where our geologists reported visible gold. “We have our diamond rigs working at APG, and we are excited to have commenced drilling on two of our priority regional prospects, Mandanou and Koflankro, as part of our 50km diamond drilling program to grow our existing resources and test the pipeline of new prospects we have identified at the Abujar where more than 90% of the mineralised shear structures remains to be tested.” | |
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