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Transaction Announcement Reports
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Project: | Abujar | |
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Deposit: | Abujar | |
Location: | Cote D'Ivoire | |
Commodities: | Gold | |
Date: | 11/28/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 28-11-2018: Tietto Minerals Ltd. announces an Exploration/Drilling Update report for its Abujar deposit at the Abujar project. Drilling results incl. 6m @ 10.51g/t Au from 186m. West African gold developer and explorer Tietto Minerals Limited (ASX: TIE) | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Mark Strizek (Internal) | |
ABSTRACT: | West African gold developer and explorer Tietto Minerals Limited (ASX: TIE) (Tietto or the Company) is pleased to report further high‐grade results from drilling at its Abujar‐Gludehi (AG) deposit, part of its Abujar gold project in Côte d’Ivoire. Tietto Managing Director Dr Caigen Wang said: “Depth extension drilling to up to 300 vertical metres from surface is intersecting high grade gold mineralisation below the current JORC resource model at AG, which has a current resource of 646,000 ounces of gold to an average depth of 180 metres. “Mineralisation in the current model shows potential to support development of an open‐pit operation over more than a kilometre of strike length, with substantial near‐surface, high‐ grade gold mineralisation between sections 16 to 27. “Tietto now has two Ausdrill rigs operating at Abujar together with Tietto’s own diamond rig, which will be supplemented in January 2019 by a new and more powerful diamond rig which Tietto has purchased to accelerate its resource upgrade in Q1 2019 and will permit Tietto to drill deeper holes targeting high grade south‐plunging shoots discovered in November below the current resource.” | |
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