Gold and Precious Metals

Abujar step-out drilling returns high-grade gold results for Tietto Minerals

Tietto Minerals ASX TIE Abujar step-out drilling high-grade gold West Africa

Tietto Minerals (ASX: TIE) has returned more high‐grade gold intercepts from step‐out drilling at five prospects within its flagship Abujar project in Côte d’Ivoire, West Africa.

Exploration has confirmed gold mineralisation over 4600 metres strike of previously undrilled areas located along the main Abujar Shear.

The company this morning reported results from 77 diamond drillholes for a total 15,307m which will be incorporated into its next mineral resource update.

Drilling intersected multiple gold mineralised quartz veins (in some case with visible gold) and alteration zones in the diamond drill core consistent with the style of gold mineralisation seen at Abujar.

Highlights were 1m at 47.35 grams per tonne gold from 258m; 1m at 25.14g/t gold from 26m; 0.93m at 17.67g/t gold from 24m; and 6m at 2.66g/t gold from 190m including 5m at 3.02g/t gold.

Gold mineralisation remains open at these prospects and over 2000m of strike remains to be drill tested.

Strong results

Managing director Dr Caigen Wang said he was pleased with the continued strong results from Abujar.

“Our exploration team has added a 4.6 kilometre strike extension from shallow step‐out drilling at five prospects located up and down strike from high‐grade gold mineralisation at the AG Core target,” he said.

“This drilling program was designed to allow for increases to our open pit gold resource inventory [and] has confirmed the growth potential of the main Abujar Shear to add further ounces to our resource base.”

Project milestones

Tietto continues to deliver project milestones at Abujar, following the April announcement of a maiden measured gold resource totalling 7.7 million tonnes at 1.4g/t gold for 350,000 ounces.

The company plans to deliver an update to the life-of-mine production plan later this year, using an updated mineral resource estimate, increased mill throughput and higher gold prices to targeting a material increase.

Tietto will also embark on a scoping study to determine the economic benefits of a heap leach operation at the APG deposit running in parallel to the Abujar carbon-in-leach operation.

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