ASX-listed African Gold has reported further drilling success at the Blaffo Guetto deposit within the Didievi Gold Project in Côte d’Ivoire, with recent results continuing to confirm the scale, continuity and growth potential of the mineralised system.
Current drilling has focused on aggressive step-outs from the existing MRE, which have successfully extended mineralisation to the east, along strike and at depth. These results confirm continuity of mineralisation and indicate the system remains open, informing ongoing work toward a future resource update.
The combined outcomes of consistent drilling success, encouraging metallurgical performance and advancing technical studies mark a further step in systematically de-risking the Blaffo Guetto deposit. Environmental baseline programmes and supporting technical work are progressing in parallel, ensuring the project continues to move forward in a disciplined and development-focused manner.
African Gold Chief Executive Officer, Adam Oehlman, said: “Blaffo Guetto continues to demonstrate its quality and scale, with recent drilling extending mineralisation more than 150 metres from the last MRE and confirming continuity across the system. These results also indicate potential for additional near-surface high-grade mineralisation, informing ongoing evaluation of open-pit-constrained resource growth. In parallel, the acquisition by Montage Gold represents a compelling outcome for African Gold shareholders, crystallising value while retaining exposure to the upside of Didievi within a larger, well-capitalised development platform.”
Following the acquisition by Montage Gold, Didievi will benefit from increased financial capacity and development expertise, supporting the acceleration of ongoing work programs toward a potential standalone high-grade open-pit development. Under the Scheme of Arrangement, African Gold shareholders will receive 0.0628 Montage Gold shares for each African Gold share held2, maintaining exposure to Montage Gold as the transaction progresses toward completion.
