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Tietto Minerals Ltd

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Market:
ASX
Market Cap:
$52.92 m
Price
0.26 AUD
Change
4.08%
52 weeks high
0.42
52 weeks low
0.06

Focused on fast-tracking the development of Abujar Gold Project in Côte d’Ivoire, West Africa. Exceptional high‐grade shallow gold intercepts received from their ongoing extensional and infill drilling program at Abujar have confirmed strike continuity of high‐grade, near‐surface gold mineralisation. Latest intersections from their 30,000m 2019 drill program focused on growing the 1.7Moz Au resource base. Further results are expected in the coming months with a resource upgrade expected by the end of 2019.

THE ABUJAR PROJECT, COTE D’IVOIRE

HIGHLIGHTS

  • 30.6MT AT 1.4G/T AU FOR 1.73 MOZ (146% UPGRADE IN APRIL 2019)
  • 3 CONTIGUOUS TENEMENTS TOTALLING 1,114KM2 IN CÔTE D’IVOIRE
  • UNDEREXPLORED WITH 90% OF 70KM LONG SHEAR ZONE REMAINING TO BE TESTED
  • PRELIMINARY METALLURGY TESTWORK DEMONSTRATES HIGH GOLD RECOVERY USING CONVENTIONAL CIL WITH SIGNIFICANT LOW COST GRAVITY
  • MAJOR DRILLING PROGRAM UNDERWAY WITH 30,000M OF DD


PROJECT SUMMARY

The Abujar Gold Project is located approximately 30km from the major regional city of Daloa in central western Côte D’Ivoire. It is close to good regional and local infrastructure to facilitate exploration and development being only 15km from nearest tarred road and grid power. The Abujar Gold Project is comprised of three contiguous tenements, Middle, South and North tenement, with a total land area of 1,114km2, of which less than 10% has been explored. It features an NNE‐orientated gold corridor over 70km striking across three tenements.

(click here for more information on this project)


DUBE SOUTH, LIBERIA

  • 100% RIGHTS FOR GOLD
  • MERGE OF TWO MAJOR STRUCTURES. 40KM LONG 4KM WIDE DUBE SHEAR ZONE
  • THREE UNIQUE AURIFEROUS CORRIDORS WITH STRIKE LENGTH > 65KM
  • EIGHT GOLD (AU) ANOMALIES FOUND

DUBE SOUTH (406 KM2)

  • 100% rights for gold
  • Major geological features
  • Merge of two major structures
  • 40km long 4km wide Dube shear zone
  • Gold(AU) mineralisation features
  • Three unique auriferous corridors with strike length > 65km
  • Eight gold (AU) anomalies found


CESTOS, LIBERIA

  • 459KM2 GREENSTONE BELT
  • 40KM STRIKE ON FAMOUS CESTOS SHEAR
  • 60KM AWAY FROM ITY MINE WITH LARGE DEFINED GOLD RESOURCE
  • NUMEROUS ANOMALIES IDENTIFIED BY GEOCHEMISTRY

CESTOS (459 KM2)

  • 40km strike on famous Cestos greenstone shear
  • 60Km away from lty mine with large defined gold resource
  • Numerous anomalies identified by geochemist

 

Last updated 13th August 2019

FRANCIS HARPER
NON-EXECUTIVE DIRECTOR

Mr Harper is chairman of Tietto. He has been a director of Blackwood Capital since 2002 and prior to that spent 15 years with NM Rothschild in the US, UK and Australia in M&A and resources finance. Blackwood Capital has raised over $1 billion for small caps since inception. Mr Harper (through Blackwood Capital) financed West African Resources (ASX: WAF) and was chairman from 2009 to 2015.


CAIGEN WANG
MANAGING DIRECTOR

Founder of Tietto Minerals. Bachelor, Master and PhD in Mining Engineering. Fellow of AusIMM and Chartered Professional Engineer of Institution of Engineer, Australia. Over 25 years practical experience in mining engineering and mineral exploration in Australia, China, Africa and Canada. Dr. Wang’s recent professional experience includes Managing Director for an ASX listed junior mineral resources company, senior technical and management roles in mining houses (St Barbara, Sons of Gwalia, BHP Billiton and China Goldmines PLC etc.) He has been working on a variety of mineral commodities including coal, gold, nickel, iron, copper, lead & zinc, molybdenum and oil sands etc.


MARK STRIZEK
NON-EXECUTIVE DIRECTOR

Mr Strizek is the chief executive officer of Vital Metals Limited, an ASX listed gold explorer in Burkina Faso. Over the last 20 years, Mr Strizek has been involved in gold exploration, resource development and operations of open pit and underground projects ranging from the Kalgoorlie super pit to high grade projects such as Frogs Leg in the Eastern Goldfields, Western Australia. Prior to joining Vital Metals Limited, Mr Strizek was involved in project development of mineral, coal and petroleum resources in both Australia and Papua New Guinea.


HANJING XU
NON-EXECUTIVE DIRECTOR

Mr Xu has enjoyed a successful career in the natural resources industry over the last 25 years. Mr Xu led China and CNNC in its launch into the international resource industry with a number of first breakthroughs in Chinese mining industry, including first trade investment in alumina of Alcoa, first international project finance for mining in China and first international company mining in China. He was a keynote speaker at the opening session of PDAC 2010 in Canada. He is now actively involved in research on Chinese mining reform and regarded as a leading authority in this area.


MATTHEW FOY
COMPANY SECRETARY

Matthew is a professional company secretary and active member of the WA State Governance Council of the Governance Institute Australia (GIA). He spent four years at the ASX facilitating the listing and compliance of companies and possess core competencies in publicly listed company secretarial, operational and governance disciplines. His working knowledge of ASIC and ASX reporting and document drafting skills ensure a solid base to make a valued contribution to Boards.


Last updated 13th August 2019

Registered Office

Level 3, 88 William Street
Perth WA 6000

Email: [email protected]
Phone: + 61 8 9486 4036
Facsimile: +61 8 9486 4799


Last updated 13th August 2019