Drilling at West Africa Abujar Gold Deposit Garners Over 503 Grams Per Tonne – Featured Bitcoin News

Ivory Coast or Côte d’Ivoire’s Tietto Minerals recently said it had drilled and extracted as much as 503.85 grams per tonne from 83 metres at its Abujar Gludehi deposit. The drilling result moves the miner another step towards production on what may become West Africa’s biggest new gold mines, a report has suggested.

The Abujar Deposit

Tietto Minerals, the Ivory Coast-based gold miner, has reportedly drilled 503.85 grams per tonne (g/t) from 83 metres at its flagship Abujar-Gludehi deposit. On top of this very high grade, the miner’s other better results include a 10-metre hit which had 51.75 g/t. An even richer 3-metre section had about 171 g/t from the same depth.

According to a report by The West, the Abujar-Gludehi deposit is, in fact, part of a larger Abujar gold project which is comprised of three “contiguous tenements” that have a total land area of 1,114 square kilometres. Similar to the Gludehi deposit, the report noted that the miner’s other prospects had delivered noteworthy hits “including a 1m section at 46.2 g/t gold from 141m and a 2m hit going 8.8 g/t gold from 151m.”

In gold prospecting terms, a high-grade gold deposit seemingly shows that there is more gold content for every tonne of gold ore. This grade in turn shows the profitability of the deposit. According to the gold exploration industry, a “bonanza result” is as any result above 34g/t- which is an extremely high grade. Anything above 5 g/t is considered high grade while anything above 34 g/t is considered to be another level, a report by Next Investors has said.

The Gold’s Untested Potential

Meanwhile, as it waits for the results of 36 additional holes, Tietto Minerals, as suggested in the report, is hoping the pending results will add even more high-grade gold.

Caigen Wang, Tietto Minerals’ managing director is quoted in the report remarking the mining company’s prospects. He said:

Our drill rigs have moved to prospects located to the north [GGL] and south [AGM, PGL] of AG Core with the goal of defining new gold resources in an update late this year. The high‐grade gold intercepts seen in the latest results highlight the prospectivity and still largely untested potential of the main Abujar Shear.

Meanwhile, a different report suggested the highlight of the miners’ impressive drilling results was a 2.4m intercept grading 153.49 grams per tonne gold, with a 1.4m higher interval assaying at 262.59g/t. According to this report, the mineralisation was intersected 31.6m from the surface.

What are your thoughts on this story? Tell us what you think in the comments section below.

Terence Zimwara

Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.







Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Source: https://news.bitcoin.com/drilling-at-west-africa-abujar-gold-deposit-garners-over-503-grams-per-tonne/