Tietto Minerals Ltd (ASX:TIE) has delivered a 10% increase in gold resources to 3.83 million ounces, as the company ramps up production at its Abujar Gold Project in Côte d’Ivoire, West Africa.
The updated mineral resource estimate (MRE) for Abujar of 124 million tonnes at 1 g/t gold for 3.83 million ounces comprises:
- AG resource totals 56.9 million tonnes at 1.3 g/t gold for 2.43 million ounces (‐0.5% ounces);
- APG resource totals 40.4 million tonnes at 0.7 g/t for 930,000 ounces (‐3%);
- SG resource totals 5.5 million tonnes at 0.8 g/t for 140,000 ounces (+333%); and
- APG Extensional resources total 21.2 million tonnes at 0.5 g/t for 340,000 ounces (additional ounces).
Furthermore, infill drilling continues to confirm the interpretation and continuity of Abujar’s geology and grade distribution.
Abujar resource growth.
Ramping up production
Tietto managing director Dr Caigen Wang said: “With our Abujar Gold Mine ramping up gold production, Tietto is delighted to deliver this updated mineral resource estimate and ore reserve for the project, following more than 120,000 metres of drilling completed by our fleet since our last MRE update.
“This has confirmed the continuity and interpretation of the AG Main Pit and increased the overall gold inventory for the project as we continue to unlock the potential of this extensive gold system of which less than 10% has been explored to date.
“We will now use the updated MRE to complete a revised Life of Mine production plan for Abujar for delivery in Q3 CY23, where we expect to see significant improvements.”
The recently completed drill program met its goals of increasing the overall resource at Abujar by more than 10% to a total of 124 million tonnes at 1 g/t for 3.83 million ounces.
Measured gold resources have been declared at AG Core within the first two years of gold production from the Abujar ore reserves of 12.3 million tonnes at 1.3 g/t gold for 470,000 ounces that sit inside the Life of Mine (LOM) mining inventory of 41.3 million tonnes at 1.3 g/t for 1.69 million ounces at AG.
Forward plan
Gold mineralisation at Abujar remains open along strike and at depth and further drilling is required to test the limits of this deposit
Meanwhile, large portions of the Abujar main shear bounded by gold mineralisation remain to be drilled and Tietto plans systematic drill testing of this resource
Tietto’s exploration programs have delivered both increased confidence and rapid growth of gold mineral resource at Abujar
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