AMN - COTE D’IVOIRE: Further high-grade gold hits at Abujar

Tietto Minerals has intersected shallow, high-grade gold of up to 13 metres at 3.1 g/t from 10 metres in diamond drilling at the Abujar Gludehi (AG) gold system within the Abujar Gold Project in Cote d’lvoire. These results demonstrate the continued growth of the AG mineralised system ahead of a resource estimate update due in the September quarter.

Tietto is targeting high-grade surface mineralisation along the 8.5 kilometres of strike-length from the APG deposit to AG South, which has the potential to provide low-strip feedstock for a future gold operation.

Other notable intersections are: 1-metre at 30.81 g/t from 106 metres; 1-metre at 18.37 g/t from 66 metres; 1-metre at 18.28 g/t from 76 metres; and 1-metre at 17.99 g/t from 98 metres.

Assay results from 4,000 diamond core samples are pending.

Tietto is fully funded for its ongoing 50,000-metre drilling program with cash reserves of $17.4 million.

This extensive campaign is aimed at increasing the resource inventory at existing deposits as well as identifying new prospects within the Abujar project’s 70-kilometre long gold corridor, of which 90% of strike length remains to be tested.

The company is also set to drill 4.5 kilometres of untested strike-length north of the high-grade AG deposit, which contains extensive large-scale artisanal workings. This drilling is expected to begin next month.

Tietto is also continuing to benefit from operating with some of the lowest exploration costs in the gold sector, with four company-owned rigs in operation driving this cost-efficiency. This will ensure a steady flow of drill results over the next six months which will be incorporated into the resource update.

Managing director Caigen Wang said: “These latest diamond drill results are shallow, high-grade and just 1.5 kilometres south along strike from the high-grade core of 19.3 million tonnes at 2.2 g/t gold for 1.3 million ounces.

“We believe that with continued exploration there is potential to link AG up with APG, which is 7 kilometres south.

“Results like these at shallow depths could translate into the development of high-grade near-surface gold resources, providing added value to a development centred on AG North.”

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