Blaffo Guetto Drilling Yields Up to 8.5m at 6.5 g/t Gold in Latest Step Outs

• Aggressive 100-metre step out drilling extends mineralisation along strike and at depth
• New intercepts include 8.5m at 6.5 g/t Au and 11.1m at 4.2 g/t Au
• Preliminary metallurgical tests show over 90% gold recovery, confirming non-refractory ore
• Current inferred resource base near 1 million ounces, update targeted in first half 2026
• African Gold holds approximately $15 million cash to fund ongoing exploration and studies

Continued Resource Growth at Blaffo Guetto

African Gold Limited (ASX, A1G) has announced further encouraging results from its ongoing drilling campaign at the Blaffo Guetto deposit, part of the Didievi Gold Project in Côte d’Ivoire. The latest phase of diamond drilling has successfully extended gold mineralisation both along strike and at depth, with aggressive 100-metre step outs confirming a growing and continuous gold system.

Notable intercepts from recent drilling include 8.5 metres grading 6.5 grams per tonne (g/t) gold from 375 metres depth, and 11.1 metres at 4.2 g/t gold from 421 metres. These results build on the existing inferred resource of approximately 1 million ounces at an average grade of 2.5 g/t, which starts from surface and remains open for expansion.

Metallurgical Test Work Validates Ore Processing Potential

Complementing the drilling success, preliminary metallurgical test work involving 132 cyanide leach screening (BLEG) tests has demonstrated that Blaffo Guetto’s ore is non-refractory. The majority of samples returned gold recoveries exceeding 90%, indicating suitability for conventional carbon-in-leach (CIL) processing methods. This is a positive technical development, reducing processing risk and supporting future feasibility studies.

The metallurgical profile aligns with historical petrography and leaching tests, which found no significant gold lock-up in sulphide minerals. African Gold is now planning follow-up variability and optimisation test work to refine recovery parameters further.

Strategic Positioning and Funding for Development

Chief Executive Officer Adam Oehlman highlighted the significance of these results, noting that the combined drilling and metallurgical data provide growing confidence in the quality and scale of the Blaffo Guetto deposit. With the wet season concluded, drilling activity is set to intensify, with four rigs soon operational on site.

Importantly, African Gold is well-funded with approximately $15 million in cash and liquid assets, enabling aggressive exploration and technical programs. The company is advancing environmental baseline studies and other technical work to support future permitting and development decisions.

District-Scale Potential in Côte d’Ivoire’s Emerging Gold Corridor

Beyond Blaffo Guetto, the Didievi Project hosts multiple prospects including Pranoi and the Poku Trend, where recent drilling has confirmed extensive mineralisation. The project’s proximity to existing processing infrastructure capable of handling around 8 million tonnes offers development flexibility, including potential near-term production via trucking arrangements and the prospect of a standalone high-grade open pit operation.

African Gold’s systematic exploration approach aims to unlock the district-scale potential of its Côte d’Ivoire portfolio, positioning Didievi as one of the region’s most compelling new gold projects.

Bottom Line?

With robust drilling results and strong metallurgical recoveries, African Gold is poised for a pivotal resource update and advancing Didievi toward development.

Questions in the middle?

• How will the upcoming resource update in 1H 2026 impact project valuation and development timelines?
• What further metallurgical optimisations could enhance gold recovery and processing economics?
• How will environmental and permitting progress influence the pace of project advancement?