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African Gold Ltd (ASX:A1G) believes it’s uncovered a multi-million-ounce gold system at its Didievi project in the Cote d’Ivoire, based on first phase drilling at Poku Trend, three kilometres from the project’s Blaffo Guetto deposit.
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Poku forms part of a nine-kilometre-long soil anomaly that has remained untested until now, but recent assays from drilling there show evidence of a significant gold system that increases in grade and thickness to the south.
Assay results from the six initial holes included 110 metres at 0.5 grams per tonne of gold from 38m in one hole, including several intervals of more than 10 metres with grades of 0.7g/t Au; 24m at 0.5g/t Au from 84 metres in another; and then 16 metres at 0.3g/t Au from 50 metres in a third.
Another target, Pranoi, 11 kilometres north of Blaffo Guetto, also yielded strong results from drilling, including three metres at 7.9g/t Au from 66m; and six metres at 3.5g/t Au from 154 metres.
African Gold is planning to complete more than 2,000 metres worth of regional drilling by May, and its goal for the Didievi tenement involves updating the Blaffo Guetto deposit with a resource of more than one million ounces at a grade of more than 2g/t of gold in the second half of 2025.
The current resource, the company has said, is set at 450,000 ounces 2.9g/t.
Extensional drilling on the high-grade Kouassi and Pranoi prospects will also be progressed to unlock a maiden satellite resource.
CEO Adam Oehlman said Didievi was revealing itself to be a top-class project. “These latest results from regional prospects strongly validate our belief that the Didievi Project holds multi-million-ounce potential.”
“With the strike and width of our high-conviction targets continuing to expand, the scale of the gold system is becoming increasingly evident.
“And, the amount of gold present is proving to be highly impressive.”
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Mr Oehlman then added: “Fully funded to execute an aggressive exploration and development program, and with the support of our strategic partner, Montage Gold, we are exceptionally well positioned to create substantial value and unlock the full potential of the Didievi Gold Project.”
African Gold shares last traded at 9.2 cents; a 4.55% rise since market open.
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