Tietto Minerals (ASX: TIE) has reported ‘bonanza’ gold grades from infill drilling at the Abujar‐Gludehi (AG) Deposit within its Abujar Gold Project in Côte d’Ivoire.
The high grade results come from infill diamond hole ZDD895 completed at AG Core on the main Abujar shear, with highlights including:
- 25.4m @ 131.1 g/t Au from 36.6m; including:
- 8m @ 393.6 g/t Au from 38m; including
- 3.4m @ 917.6 g/t Au; including
- 1.1m at 2,853 g/t Au
- 3.4m @ 917.6 g/t Au; including
- 12m @ 14.6 g/t Au from 50m; including
- 2m @ 84. 5 g/t Au
- 8m @ 393.6 g/t Au from 38m; including
The infill program has been tasked with upgrading the existing Abujar AG indicated resource of 35Mt @ 1.5 g/t Au for 1.65Moz to the measured category. This will form the target for Abujar’s first two years of gold production.
Speaking on the intercept, Tietto Minerals Managing Director Dr Caigen Wang said: “This fantastic intercept of 1.1m at 2,853g/t gold from our infill drilling program at AG is our best achievement to date. This bonanza gold intercept is located close to surface in fresh mineralisation and combined with the multiple high‐grade intercepts we have reported from our infill drilling, it is expected these will have a material impact on the first years of open pit mining at Abujar.
Our exploration team is using these latest results to refine our drill targeting of the high‐grade shoots within the Abujar main shear. Results from our drilling continue to demonstrate high grades present in this large system and with more than 70km of strike at Abujar and achieving 100,000m of drilling a year; we think there is great potential to deliver more intersections like these.
“This fantastic intercept of 1.1m at 2,853g/t gold from our infill drilling program at AG is our best achievement to date”
With completed settlement of the second tranche of our recent capital raise, we are now fully funded to production at Abujar, which has potential to be one of the largest gold producing mines in Côte d’Ivoire, and 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 well positioned to execute our dual strategy in 2022; our Exploration Team has recently commenced drilling 100,000m of diamond core this year to drive resource growth, and our Build Team is advancing construction work on schedule as we develop the Abujar Gold Project into West Africa’s next gold mine.”
Infill drilling has now been completed along 25m line spacing at AG between section lines 14 to 30 across the AG Core.
Plan view displaying recent drill results at AG Core and AG South, including ZDD895The company notes that assay results are pending for a further 61 drill holes for a total of 9,329m. Receipt of these is expected in February.
Results have now been reported for 177 holes totalling 32,536m, with gold mineralisation remaining open at depths below open pit limits.
Moving forward, Tietto is continuing its drill program with six diamond rigs deployed leading up to an expected resource update in March, and anticipated first gold production in Q4 2022.
Images: Tietto Minerals Limited
