African Gold Says Drilling Extends Gold Mineralization in Ivory Coast Project

MT Newswires Live12-22 14:13

African Gold (ASX:A1G) said recent drilling has extended mineralization at its Blaffo Guetto deposit within the Didievi gold project in theIvory Coast, according to a Monday Australian bourse filing.

The results were up to 13 meters at 9.5 grams per tonne grade of gold from 329 meters, and 7.2 meters at 13.1 g/t gold from 216 meters.

The company said that the drilling has identified additional near-surface mineralization outside the current resource envelope, supporting ongoing evaluation of open-pit-constrained resource growth.

This activity follows the recently declared acquisition of African Gold by Montage Gold, and under Montage, the Didievi project will have increased capacity to accelerate work programs, while A1G shareholders retain exposure to the project through the receipt of 0.0628 Montage shares per African Gold share.

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