Tietto Minerals has capital raising announcement pending and is granted a trading halt
Additional drilling at the Abujar Gold Project is scheduled to target 5 kilometres in strike length between two deposits.
Company
ASX:TIE
Tietto Minerals Ltd (ASX:TIE) is producing gold from its Abujar Project in Côte d’Ivoire.
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Additional drilling at the Abujar Gold Project is scheduled to target 5 kilometres in strike length between two deposits.
A continuous 1.4-kilometre high-grade core of 15.7 million tonnes at 2.1 g/t for 1.06 million ounces, represents 85% of contained metal.
The company has deployed a second diamond drill rig in the northern portion of the Abujar-Gludehi deposit to drill step-back holes.
The 30,000-metre drilling program is ongoing with two rigs infilling and extending high-grade gold mineralisation.
The company remains on track to deliver an updated resource in late CY2018.
The corridor has been confirmed with both drilling and soil sampling programs.