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African Gold (ASX:A1G) intercepts gold at Didievi

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ASX:A1G      MCAP $4.718M
07 December 2021 16:01 (AEST)

A single trench excavated to provide preliminary assessment of the gold-in-soil anomaly. Source: African Gold

African Gold (A1G) has intercepted high grade gold at the Didievi Gold Project in Central Cote d’Ivoire.

The company said a single diamond hole at the Pranoi Prospect, located 12 kilometres north of Blaffo Gueto, confirmed the grade and thickness of stacked, north striking, moderate west dipping lodes.

Drilling returned assays of up to 12 metres at 4.48 grams per tonne (g/t) gold from 38 metres. 

African Gold said there has been insufficient drilling at this stage to determine continuity or depth extent, however, the system is open along strike and at depth.

“Following the spectacular broad high-grade intercepts from the recent diamond and reverse circulation drill campaign at Blaffo Gueto, where we demonstrated the grade and size potential of the system, we have more encouraging results from a small regional exploration program,” African Gold’s CEO Glen Edwards said.

Field work is currently underway, with an infill soil sampling program due to begin in early December.

The company is now planning to test a further seven targets which the company believes have the potential to deliver positive results based on its geology, alteration, structure and grade.

African Gold was up 9.09 per cent, trading at 18 cents at 12:20 pm AEDT.

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