HIGHLIGHTS
As a result of the successful rights issue in May 2024 raising approximately $1.29m (before costs), the Company engaged Massa Geoservices to design a drilling program on the Blaffo Guetto Prospect aimed at estimating a maiden resource for the Project. In conducting a detailed review of the Company’s database in order to design the drilling program, Massa Geoservices determined that there had been sufficient prior drilling completed to estimate a maiden inferred resource.
The Company is pleased to advise that the Blaffo Guetto Prospect hosts a maiden inferred resource of 452koz of gold at 2.9 g/t (1.0 g/t Au cut-off).
The maiden inferred resource is an initial resource on the Didievi Project. African is commencing a 2,030m diamond drilling campaign on the Blaffo Guetto prospect in August 2024. The program is designed to infill areas not previously drilled on the Project and to increase the resources to achieve a result within the upper range of the previously announced Didievi Project Exploration Target which includes the Blaffo Guetto and Pranoi prospects.
Notably, the area included within the resource envelope is only at the Blaffo Guetto Prospect on the Didievi Project (see Figure 1). The resource envelope is shallow, 250m – 300m maximum depth, and is regarded as potentially suitable for a future open pit mining operation. The Didievi Project has numerous other high prospects including the Kouassi Prospect, which includes previously released intercepts of 13m at 4.03 g/t Au and 3m at 3.53 g/t Au, and the 11km long Poku Trend which includes a high grade 900m long zone grading 0.15 ppm+ gold.
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