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African Gold (ASX:A1G) confirms and extends mineralisation at Blaffo Gueto

Mining
ASX:A1G      MCAP $5.068M
11 August 2021 09:45 (AEST)
African Gold (ASX:A1G) - CEO and Exploration Manager, Glen Edwards

Source: Glen Edwards/LinkedIn

African Gold (A1G) has confirmed and extended mineralisation at the Blaffo Gueto prospect which is part of its Didievi Gold Project in Cote d’Ivoire.

The recently acquired project covers 391 square kilometres within the underexplored Oumé-Fetekro Birimian greenstone belt which hosts multiple multi-million ounce gold mines.

African Gold recently completed a maiden 3200-metre diamond and reverse circulation (RC) drilling program.

The five-hole diamond portion aimed to test high-quality targets at Blaffo Gueto and to provide geological and geophysical data.

The 31-hole RC drilling program tested along strike potential of the main zone to the northeast, tested down dip and along strike potential of historical intercepts, and tested various targets to the southwest and east.

Positively for A1G, the drilling confirmed the presence of a large gold system over an area of at least 1.5 kilometres by one kilometre and is open in all directions.

Two diamond holes drilled at the Blaffo Gueto main prospect returned anomalous results. These include 42 metres at 2.6 grams of gold per tonne (g/t) from 220 metres including 17.4 metres at 5.44g/t gold from 244.4 metres and 12 metres at 4.62g/t gold from 142 metres including 10 metres at 5.51g/t gold from 141 metres.

Additional RC drill hole results include six metres at 7.43g/t gold from 43 metres, and 14 metres at 2.71g/t gold from 65 metres including 10 metres at 3.6g/t gold from 66 metres.

CEO and Exploration Manager Glen Edwards commented on the results.

“Results have exceeded expectations, returning broad high grade intercepts, extending mineralisation and discovering new zones,” Mr Edwards said.

“As alluded to in our previous announcements and now confirmed by the diamond and RC drill program, the Blaffo Gueto prospect represents a large mineralised corridor that’s open in all directions.”

African Gold also discovered a new high-grade mineralised structure at BG South West and intersected a broad high-grade zone at BG Central.

Company shares were down 5.56 per cent to trade at 17 cents at 11:35 AEST.

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