logo-loader

Tietto Minerals extends AG gold at depth ahead of Abujar resource update

Last updated: 12:15 19 Aug 2020 AEST, First published: 12:02 19 Aug 2020 AEST

Tietto Minerals Ltd - Tietto Minerals hits gold up to 13 metres at 2.19 g/t gold ahead of September Abujar-Gludehi resource update
More than 1,600 samples are at the lab with further results expected shortly

Tietto Minerals Ltd (ASX:TIE) has extended gold mineralisation at depth below the existing Abujar-Gludehi (AG) mineral resource at Abujar project in Côte d’Ivoire, West  Africa, with results of up to 13 metres at 2.19 g/t from 385 metres.

The results have extended high-grade gold mineralisation at AG to 550 metres vertical with the large, high‐grade gold system remaining open along strike and down dip. 

These new results, on top of recent strong intersections from outside the existing AG resource, are expected to result in a positive uplift in the next Abujar resource estimate which is on track for next month.

High-grade intersections

The 13-metre intersection included 4 metres at 5.13 g/t with another strong result being 7 metres at 3.07 g/t from 604 metres, including 4 metres at 4.98 g/t.

Tietto has received nearly 40 high-grade gold intersections over 50 gold gram metres within the high-grade core at AG.

Driving rapid resource growth

Managing director Caigen Wang said: “Another round of strong assay intercepts from our ongoing diamond drilling program demonstrates the continued growth of the AG high-grade core at depth.

“Drill results being reported include open-pit style high-grade gold mineralisation on Section 25B and now also demonstrate strong potential for underground high-grade mineralisation down to 550 metres below surface on Section 21.

“Our diamond drill teams drilled 8,520 metres of core in July and this allows Tietto to drive rapid resource growth from this large high-grade gold deposit at an extremely low discovery cost.”

Tietto plans to drill more holes along strike at AG as well as further step-back drilling to test the depth limits of the large gold system.

COVID-19

The company’s exploration activities continue at site with no cases of COVID-19 infection reported by any of Tietto’s employees.

Regular shipments of supplies and fuel are being received at site with Tietto prepared for any interruption in freight movement.

Next steps

The company has completed more than 50,000 metres of drilling to date and continues with additional programs of work until the resource cut-off date at the end of August.

Tietto has five company-owned drill rigs at the Abujar project site, with four rigs drilling day and night as well as one rig as a back-up.

Further drilling results are expected in the coming weeks.

Australian Strategic Materials signs US$600 million LoI

Rowena Smith, CEO and managing director of Australian Strategic Materials Ltd (ASX:ASM, OTC:ASMMF), joins Jonathan Jackson in the Proactive studio to discuss the company’ s Dubbo Project, in Central West New South Wales. This project aims to extract and process critical minerals and rare earth...

13 hours, 52 minutes ago