African Gold’s Drilling Success Raises Stakes for 2025 Resource Update

Transformational Drilling Program Delivers Early Success

African Gold Ltd (ASX: A1G) has reported the first tranche of assay results from its ambitious 10,000-metre drilling program at the Blaffo Guetto prospect within the Didievi Project in Côte d'Ivoire. The initial phase, comprising ten drill holes totalling nearly 1,900 metres, has yielded outstanding high-grade gold intercepts that significantly extend the known mineralised zones.

Highlight intercepts include a remarkable 155 metres at 1.1 grams per tonne (g/t) gold from 105 metres downhole, which contains a higher-grade core of 52 metres at 2.9 g/t. Other notable results include 31.4 metres at 3.5 g/t from 250 metres, with sections reaching up to 11.2 g/t over 11 metres. These results confirm the continuity and robustness of the high-grade mineralisation along the Blaffo Guetto trend, which remains open in both strike directions.

Expanding the Resource Envelope

The drilling has not only extended the main high-grade zone by approximately 80 metres beyond previous intercepts but has also identified valuable mineralisation in parallel trends. These additional zones, including intercepts such as 15 metres at 2.3 g/t and a standout 1 metre at 23.3 g/t near surface, provide promising targets for near-term resource growth and potential open-pit mining.

With the success of the initial results, African Gold plans to mobilise a second drilling rig in February to accelerate exploration across multiple targets within the Didievi tenement. This strategic move aims to systematically delineate shallow, high-grade ounces that will underpin a significant resource upgrade scheduled for the second half of 2025.

Strategic Location and Project Potential

The Didievi Project is situated in the prolific Birimian greenstone belt of central Côte d'Ivoire, approximately 35 kilometres from the capital Yamoussoukro. The project benefits from proximity to existing gold processing infrastructure and a cluster of operating mines, enhancing its development potential.

Currently, the Didievi Project hosts a maiden inferred resource of 4.93 million tonnes at 2.9 g/t gold, equating to 452,000 ounces. The new drilling results provide compelling evidence that this resource base can be materially expanded, with multiple prospects such as Poku Trend, Kouassi, and Akissi offering further exploration upside.

Management Perspective and Next Steps

CEO Adam Oehlman expressed enthusiasm about the drilling outcomes, highlighting the company’s enhanced geological understanding of the high-grade pipe and its confidence in systematically targeting this zone. He emphasised the flexibility afforded by multiple prospective targets within the Didievi tenement, which could support the evolution of the project into a multi-million-ounce gold deposit.

Looking ahead, African Gold will continue releasing assay results as drilling progresses, with a focus on integrating these findings into an updated resource model. The market will be watching closely for the forthcoming resource update, which could significantly re-rate the company’s asset base.