AMN - COTE D’IVOIRE: High-grade gold results from Abujar

Tietto Minerals has received further high-grade gold results in step-out diamond drilling at the Abujar-Gludehi (AG) deposit within the Abujar Gold Project in Côte d’Ivoire. The best result was 7 metres at 9.38 g/t gold from 259 metres including 1-metre at 53.49 g/t.

The company has drilled seven diamond holes for 2,541 metres with results received for five holes and two further holes pending.

Another intersection from below the current mineral resource was 4 metres at 5.06 g/t from 318 metres.

These results have extended gold mineralisation up to 100 metres below the existing resource model, with mineralisation remaining open both along strike and down dip.

Tietto’s fully funded 50,000-metre drill program continues with the goal of increasing the resource inventory of existing deposits as well as identifying new prospects within the Abujar project’s 70-kilometre-long gold corridor.

The company continues to benefit from operating with some of the lowest exploration costs in the gold sector and will have five company-owned rigs driving this cost efficiency.

This will ensure a steady flow of drill results to be incorporated into an Abujar resource update scheduled for Q3 2020, which is expected to build on the existing 2.2-million-ounce gold resource.

Tietto expects to report further drilling results in the coming weeks in new prospects along strike extension of the AG deposit and the APG deposit.

Managing director Caigen Wang said: “AG continues to expand, and I am very pleased to report that the latest batch of assays from our ongoing drill program has again reported high-grade gold mineralisation in multiple stacked lodes.

“One of the new high graded intersections is located around 100 metres down dip from the last resource outline.

“These results will add more ounces to the high-grade core of the AG resource in the upcoming resource update in Q3 2020."

The company can continue to utilise its own low-cost diamond drilling rigs as a result of the early adoption of extensive hygiene and self-isolation policies to protect its workforce in the COVID-19 pandemic.

There have been no cases of COVID-19 reported by the company’s employees and strict measures are in place to restrict the movement of people to site to prevent the spread.

Wang said: “All steps have been taken to ensure the well-being of our people at site and mitigate the spread of COVID-19.

“We adopted quarantine protocols from the beginning of February and have progressively strengthened site safeguards since then.

“I am pleased to report that our drilling operations continue to deliver up high-grade core as we test the depths.”

Freight is currently exempt from government lockdown measures and regular shipments of supplies and fuel are being received at site.

Tietto is prepared for any interruption in freight movement having begun stockpiling supplies, fuel and drilling consumables during February in case of COVID-19 reaching Côte d’Ivoire.

www.tietto.com