African Gold Limited (ASX:A1G) Announces Gold Discovery
Operational Achievements
African Gold Limited has unveiled substantial drilling results from the Poku Trend near Blaffo Guetto, indicating a large gold system with promising grades and thickness. Key assays include 110m at 0.5g/t Au from 38m and 3m at 7.9g/t Au from 66m at the Pranoi Prospect. The company plans an additional 2,000m of drilling on regional targets, set for completion in May.
Future Exploration Plans
Fully funded, African Gold aims to deliver a significant resource update at Blaffo Guetto with over 1,000,000 oz at over 2.0g/t Au by H2 2025. The company will also focus on defining the Poku Trend’s gold system and conducting aggressive drilling at Kouassi and Pranoi prospects to develop a maiden satellite resource.
Executive Comments
CEO Adam Oehlman stated, “These latest results from regional prospects strongly validate our belief that the Didievi Project holds multi-million-ounce potential. With the strike and width of our high-conviction targets continuing to expand, the scale of the gold system is becoming increasingly evident, and the amount of gold present is proving to be highly impressive. Fully funded to execute an aggressive exploration and development program, and with the support of our strategic partner, Montage Gold, we are exceptionally well-positioned to create substantial value and unlock the full potential of the Didievi Gold Project.”
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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