viewTietto Minerals Ltd

Tietto Minerals expands Abujar project after intersecting further high-grade gold

Drilling continues to test for depth extensions of the high‐grade core which currently hosts 15.7 million tonnes at 2.1 g/t gold for 1.06 million ounces.

Tietto Minerals Ltd - Tietto Minerals expands Abujar project after intersecting further high-grade gold Intersections
On track to deliver another resource update in Q4

Tietto Minerals Ltd (ASX:TIE) has revealed multiple intercepts of high‐grade gold mineralisation from the Abujar Gludehi (AG) deposit, part of its Abujar Gold Project in Côte d’Ivoire, West Africa.

Significant new intersections include:

  • 7 metres at 4.09 g/t gold from 308 metres including 2 metres at 0.95 g/t gold from 312 metres;
  • 18 metres at 1.97 g/t gold from 321 metres including 2 metres at 7.17g/t gold from 321 metres;
  • 6 metres at 6.29 g/t gold from 298 metres within a broad zone of 14 metres at 3.36 g/t gold from 292 metres;
  • 4 metres at 9.21 g/t gold from 325 metres including 1 metre at 29.22 g/t gold from 328 metres.

Tietto’s ongoing drill program is on track to complete 30,000 metres in 2019 with latest results to be incorporated into a major resource update due for delivery in Q4 CY19.

Drilling results

Tietto managing director Dr Caigen Wang said: “These latest results have extended the limits of known gold mineralisation by up to 130 metres in places.

“Our drilling continues to intersect high‐grade gold mineralisation on section after section.

“Between lines 16 to 29, we now have 68 intervals of 20 gram metres, within this there are 25 intervals reporting over 50 gram metres which includes nine intervals greater than 100 gram metres.

“These high impact results, coupled with our aggressive drilling schedule, means that we are on track to deliver another resource update in Q4, our second for the year.

“We believe that there is much more to come: the Abujar shear remains underexplored with 90% of the 70km long shear zone remaining to be tested.

Mineralisation extended by 130 metres down dip 

“Our exploration team has completed an upgrade of more than 40 kilometres of internal access roads within the Abujar Middle tenement which hosts the current Abujar JORC resources.

“This work was commissioned to ensure drilling can run smoothly and safely through the wet season.

“Tietto will host a resource analyst visit on site early in September.

“There has been considerable recent interest in the activities of the company, given the significant growth in our resource base and an aggressive drilling program underpinned by our own fleet of diamond drill rigs."

Quick facts: Tietto Minerals Ltd

Price: 0.195 AUD

Market: ASX
Market Cap: $69.25 m

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