Continued Growth at Blaffo Guetto

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Stock African Gold Ltd (A1G.ASX)
Release Time 17 Nov 2025, 10 a.m.
Price Sensitive Yes
 Continued Growth at Blaffo Guetto as Resource Extensions Continue to Deliver
Key Points
  • Aggressive 100-metre step outs at Blaffo Guetto continue to extend mineralisation along strike and at depth
  • Preliminary metallurgical test work confirms Blaffo Guetto is non-refractory, with the majority of samples returning recoveries above 90 percent in fresh rock
  • African Gold is fully funded, with approximately $15 million cash at bank, to continue aggressive work programs aimed at progressing Didievi toward a potential standalone high grade open pit development
Full Summary

African Gold Limited (ASX: A1G) ('African Gold' or the 'Company') is pleased to report further strong results from ongoing resource growth drilling at the Blaffo Guetto deposit within the Didievi Gold Project in Côte d'Ivoire. Drilling continues to extend mineralisation along strike and at depth, with most holes in this phase targeting large step outs of approximately 100 metres. These results demonstrate a robust and expanding system with strong continuity of grade. A resource update is currently underway. Preliminary metallurgical test work has also returned highly encouraging results. A total of 132 cyanide leach screening (BLEG) tests have been completed across the Blaffo Guetto resource area, with the majority of samples returning recoveries above 90 percent. This confirms a non-refractory orebody well suited to conventional CIL processing and is consistent with historical petrography and leaching test work, which also indicated no material lock up issues at this stage of testing. Follow-up variability and optimisation programs are now being planned to further refine recoveries and support future study work. When combined with the ongoing success in resource growth drilling, the metallurgical results represent a meaningful step forward in de-risking the Blaffo Guetto deposit. The Company is also advancing environmental baseline programs and associated technical studies to support ongoing de risking and to position the project for future development decisions. African Gold is well funded and active across several high-potential tenements, rapidly advancing a pipeline of gold discoveries and development projects throughout Côte d'Ivoire.

Outlook

With drilling ongoing and several major milestones approaching, Didievi is clearly entering another strong growth phase. The combination of expanding mineralisation, strong metallurgical performance and advancing study work continues to elevate the strategic significance of Blaffo Guetto within Côte d'Ivoire's rapidly emerging gold corridor. African Gold's parallel derisking activities are designed to position the project for multiple value pathways, including progression toward future development studies and potential project development options.