- Tietto Minerals (TIE) has intersected 134.48 grams per tonne of gold at the Abujar-Gludehi (AG) deposit in Côte d’Ivoire, West Africa
- The West African gold explorer has conducted over 61,000 metres of diamond drilling across its Abujar Gold Project since November last year
- Tietto has been preparing to release an updated mineral resource estimate and remains on track to do so by mid-October
- The company will drill more holes along strike at the AG deposit, along with step-back drilling, to test the depth of the gold system
- Company shares dipped nearly two per cent in the red to trade for 50 cents just before market close
Tietto Minerals (TIE) has reported more high-grade gold from drilling at the Abujar-Gludehi (AG) deposit within the Abujar Gold Project in Côte d’Ivoire, West Africa.
The company has completed over 61,000 metres of diamond drilling at AG, AG South, APG and GGL since November, 2019 — when it released an upgraded mineral resource estimate for the Abujar Gold Project. Currently, the estimate stands at 45.5 million tonnes at 1.5g/t gold for 2.15 million ounces of contained gold.
However, Tietto’s drilling since then has focused on updating that mineral resource which it is expecting to do by mid-October this year.
Latest results from diamond drill samples include seven metres at 2.36g/t gold from 208 metres and 21 metres at 7.34g/t gold from 173 metres including four metres at 35.08g/t gold including one metre at 134.48g/t gold.
“This is a good result from Section line 25B that further confirms the potential of our high‐grade AG deposit where we expect to be able to develop an open‐pitable resource,” Managing Director Caigen Wang said.
“We will soon receive all the assays from over 61,000m of diamond drilling at Abujar to add to our resource update, which remains on track for release in mid‐October,” he added.
High-grade gold mineralisation remains open along strike and at depth. Tietto intends to drill more holes along strike at the AG deposit along with further step-back drilling to test the depth of the gold system.
Meantime, company shares dipped a slight 1.96 in the red to trade for 50 cents just before market close today, September 24.