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Highlights
- African Gold's (A1G) shares rise as drilling starts at the Didievi Project.
- The initiative targets Blaffo Guetto and additional underexplored areas.
- Drilling aims to expand known resources and explore regional prospects.
African Gold (ASX:A1G) saw its shares climb during Friday trading as it commenced its largest diamond drill program to date at the Didievi Project in the Ivory Coast. The 10,000-meter campaign focuses on both enhancing the known Blaffo Guetto deposit and evaluating other underexplored prospects within the project area.
The excitement follows a recent success at Blaffo Guetto, where the company intersected a 65-meter-wide zone grading 5.6 grams per tonne (g/t) of gold. Building on that momentum, this new drill program aims to further test the extensions of the Blaffo Guetto deposit while exploring other promising targets, including Kouassi, Proni, Yakabo, and the Poku Trend.
The Didievi Project, currently holding an inferred JORC resource of 452,000 ounces of gold at 2.9 g/t, has consistently shown potential for expansion. Recent drilling highlights include intercepts of 12 meters at 4.5 g/t gold, 12 meters at 5.6 g/t gold, and four meters at 13.3 g/t gold. These results underscore the region’s capacity to host significant gold mineralization.
Adan Oehlman, CEO of African Gold, emphasized the strategic importance of the Didievi Project, noting that it offers multiple high-priority targets beyond the Blaffo Guetto deposit. According to Oehlman, this program is set to evaluate extensions of existing resources while investigating regional prospects to identify additional opportunities.
In addition to advancing its drilling initiatives, African Gold has reported strong engagement from the local community. On-site teams in the Ivory Coast are collaborating closely with local stakeholders, fostering a positive environment for exploration activities.
This ambitious drilling initiative reinforces African Gold’s focus on unlocking value at Didievi. As the program unfolds, the company remains committed to updating stakeholders on progress and results.
At the close of Friday trading, African Gold’s shares were priced at 6 cents per share (cps), reflecting heightened interest in the company’s ongoing exploration efforts.
The Didievi Project represents a cornerstone of African Gold's exploration portfolio, offering a combination of resource expansion and discovery potential in a region with untapped opportunities.
