Tietto Minerals is targeting first gold in Q4 CY2022 at Abujar Gold Project in Côte d’Ivoire, West Africa as it focuses on fast-tracking the development.
Tietto MD, Dr Caigen announced that the target follows aggressive drilling campaign that Tietto announced resulted to an increase in its Mineral Resource Estimate at the Abujar Project. This included a growth in gold resources to 87.5Mt @ 1.2 g/t Au for 3.35Moz including: AG mineral resources total 50.3Mt @ 1.5 g/t Au for 2.45Moz (+7% oz Au) and APG mineral resources total 36.7Mt @ 0.7 g/t Au for 0.87Moz (+24% oz Au). These results boost the Abujar Indicated Resources by 49% to 43.4Mt @ 1.3 g/t Au for 1.85Moz of contained gold, representing more than 55% of the Abujar project ounces.
“Our diamond drilling teams delivered more than 53,000 m of diamond core for this update and the results further de‐risk our Abujar resource base. We have substantially increased indicated resources to 1.85 Moz for AG and delivered a maiden Indicated Resource at APG.
“Our resource base has increased at both deposits and we have done this whilst maintaining the grade of these resources. The updated resource model has reported an increase in confidence driven by our diamond drilling program.
“We expect this will support a material increase in our Ore Reserves as mining engineers complete the mine optimisation phase of the DFS this Quarter. We have a target of first gold in Q4,2022 from Abujar, to be West Africa’s next gold mine. We are funded to complete our twin strategy of maintaining our aggressive exploration program while developing a gold mine at Abujar,” said Dr Caigen.