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Tietto Minerals (ASX:TIE) intersects 118.29g/t gold from Abujar-Gludehi

Mining
ASX:TIE      MCAP $774.7M
23 March 2021 14:40 (AEST)
Tietto Minerals (ASX:TIE) - Managing Director, Dr Caigen Wang

Source: Flickr

Tietto Minerals (TIE) has intersected up to 118.29g/t gold from the Abujar-Gludehi (AG) deposit in Côte d’Ivoire, West Africa.

The AG deposit is part of the Abujar Gold Project, which lies roughly 30 kilometres from Daloa and consists of three continuous tenements that span 1114 square kilometres.

Tietto has planned a 28,000-metre diamond drilling program to increase its confidence in the current mineral resource.

So far, 56 holes, for 15,480 metres, have been drilled between sections 15 to 29.

Significant results include five metres at 25.04g/t gold from 203 metres including three metres at 41.36g/t gold and one metre at 118.29g/t gold from 205 metres.

Tietto is planning on drilling more holes along strike at AG to test the depth of the gold system.

“The results demonstrated the system’s potential for continued growth,” Managing Director Dr Caigen Wang commented.

“These strong high-grade intersections within the AG core in our 28,000-metre infill diamond drilling program are located at open-pit mining depths,” he added.

Tietto is now waiting on results from more than 6000 diamond core samples, which are currently at the lab.

Additionally, the company is on track to release a pre-feasibility study for Abujar in Q1 CY21.

Tietto is down a slight 1.33 per cent on the market with shares trading at 37 cents at 2:10 pm AEDT.

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