Tietto Minerals racks up more high-grade gold hits at Abujar with 262.59g/t highlight
Latest drilling at Abujar has returned 1m at 180.86g/t gold from 57m.
Emerging Cote d’Ivoire gold producer Tietto Minerals (ASX: TIE) has turned in more impressive drilling results as infill drilling continues at its 3.35-million-ounce Abujar project.
The highlight was a 2.4m intercept grading 153.49 grams per tonne gold, with a 1.4m higher interval assaying at 262.59g/t.
The mineralisation was intersected 31.6m from surface.
Other assays included 11m at 2.48g/t (including 4m at 6.19g/t), 12m at 11.99g/t (including 5m at 28.22g/t) and 8m at 6.07g/t (including 7m at 6.83g/t).
During its drilling of the Abujar-Gludehi (AG) Core area within its Abujar project, Tietto Minerals has reported 12 intervals greater that 200 gold gram metres.
Next Abujar resource upgrade expected by 31 March
The company’s six rigs are working full time with 100,000m of drilling planned in 2022 to drive resource growth.
In fact, Tietto is awaiting assays from a further 25 drill holes (for 5,691m) and is planning to release a resource upgrade by the end of next month.
Tietto managing director Caigen Wang notes the infill drilling program at AG Core has accounted for 50% of the top assays at Abujar, including the best ever assay of 1.1m at 2,853g/t gold.
The current drilling is aimed at converting indicated resources to the measured category, which will form the resource to be mined over the first two years of production.
“We are fully funded at Abujar, which has the potential to be one of the largest gold producing mines in Cote d’Ivoire expected to produce more than 260,000oz of gold in the first year,” Dr Wang said.
First gold pour expected in fourth quarter
Construction of the mine is on schedule and first gold is expected in the December quarter of this year.
Last December, Tietto outlined its Abujar timetable.
The mine is projected to produce 260,000oz of gold in its first year of operation and 1.2Moz over the first six years.
By December, the access road to the mine site had been completed while earthworks had begun on the site of the process plant and camp.