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Tietto Minerals (ASX:TIE) hits 131.29g/t gold at AG Core

ASX News, Mining
ASX:TIE      MCAP $769.0M
04 July 2022 11:26 (AEST)

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Tietto Minerals (TIE) has intersected up to 131.29g/t gold from AG Core within its Abujar gold project in Côte d’Ivoire, West Africa.

Results have been received for a further 53 infill diamond holes drilled at AG Core to further increase the measured resource in the upcoming mineral resource estimate (MRE) update expected later in the year.

Best results come from hole ZDD1113 which intersected five metres at 40.14g//t gold from 35 metres including three metres at 66.52g/t gold which includes 1.32 metres at 131.29g/t gold.

Other results include one metre at 69.76g/t gold from 105 metres and six metres at 5.62g/t gold from 41 metres.

These results have increased the number of holes recording more than 50g/t gold to 80 and those recording more than 200g/t gold to 15.

Assays are pending for 84 infill holes drilled at AG South and AG Core which are expected to be reported on once available.

“This latest 200 gold gram metre intersect has grown our tally to 15 drill intercepts greater than 200 gold gram metres at AG Core. We now have 10 of these intersections
located between Section Lines 24 to 30 which we will target in our first year of mining at AG Core,” Managing Director Dr Caigen Wang said.

“These results are from an expanded infill drilling program aiming to define measured resources over 2.9 kilometres between Section Lines 0 to 29 at AG South and AG Core expected to be mined during the first two years of production.

“Once this program is completed, our drill rigs will move to the main Abujar Shear, which is still largely untested, and undertake new resource definition drilling.”

Tietto was up 2.94 per cent and trading at 35 cents at 11:00 am AEST.

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