Announcement Date: 2021-11-12
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Tietto Minerals Ltd.
Project name: Abujar
Location: Ivory Coast
Commodities: Gold
Highlight: Drilling results incl. 8m @ 12.43g/t Au from 187m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: West African gold explorer and developer Tietto Minerals Limited (ASX: TIE) (Tietto or the Company) is pleased to report high‐grade gold results from the fifth batch of infill drilling recently completed at the Abujar‐Gludehi (AG) deposit, part of its 3.35Moz Abujar Gold Project in Côte d’Ivoire, West Africa. Tietto Managing Director, Dr Caigen Wang, said: “Our fifth batch of results from our infill drilling program at Abujar is delivering up more high‐grade gold intercepts that continue to de‐risk open pit mining at Abujar. The infill program is designed to convert Indicated Resources to Measured Resources, which are scheduled to be mined within the first two years of production. “These impressive results follow our DFS last month that confirmed Abujar’s potential to be one of the largest gold producing mines in Côte d’Ivoire, expected to produce more than 260,000 ounces of gold in the first year and 1.2M ounces of gold in the first six years. “We are also extremely pleased with the quality of the institutions that have indicated their interest to provide the project funds needed to develop the Abujar Gold Project into West Africa’s next gold mine, as announced earlier this week.” Infill Drilling – AG Resource This announcement relates to 12 diamond drill holes (2,526.5m) completed as part of Tietto’s infill drilling program which aims to increase confidence in Abujar mineral resource estimates (i.e., upgrading Indicated Resources to Measured Resources).
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