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Tietto Minerals Ltd.
Summary
| Project: | Abujar | |
|---|---|---|
| Deposit: | AG | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 10/24/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-10-2019: Tietto Minerals Ltd. announces an Exploration/Drilling Update report for its AG deposit at the Abujar project. Drilling results incl. 21m @ 13.02g/t Au from 215m. West African gold explorer and developer Tietto Minerals Limited (ASX: TIE) is | |
| Resources: | (Resource, Inf.): 37.6Mt @ 1.4g/t Au at project | |
| 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 at the Company’s 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 15.7Mt @ 2.1g/t Au (1.06Moz gold) within the 1.7Moz Abujar Gold Project (based on the April 2019 Mineral Resource Estimate). Tietto has undertaken a considerable volume of additional diamond drilling since this prior estimate, with a number of strong to high grade gold intersections encountered during the drilling. Over 20,000m of additional diamond drilling completed since April will feed into an updated Mineral Resource estimate for AG due this quarter. Tietto Managing Director, Dr Caigen Wang, said: “Our drilling at AG continues to deliver cracking drill intercepts that are shallow, wide and high‐grade, ticking all the boxes that point to potential for a highly profitable open pit mining operation. On Section 23B we are reporting 4 holes from surface to depth with intercepts of very high grade and good width. The multiple occurrences of high‐grade gold mineralisation confirm strike and depth extension of gold mineralisation at AG deposit. “Our next 50km of diamond drilling has started, using our own rigs to grow our existing deposits and test the pipeline of new prospects we have identified at the Abujar Gold Project where over 90% of the mineralised shear structures remains to be tested.” | |
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