Continued Drilling Builds Scale at Blaffo Guetto
| Stock | African Gold Ltd (A1G.ASX) |
|---|---|
| Release Time | 22 Dec 2025, 9:47 a.m. |
| Price Sensitive | Yes |
Continued Drilling Builds Scale at Blaffo Guetto
- Step-out drilling extends mineralization more than 150 metres from previous MRE
- Recent drilling identifies additional near-surface mineralization outside current resource envelope
- Acquisition by Montage Gold provides increased financial capacity and development expertise to accelerate work programs
African Gold Limited reports continued drilling success at the Blaffo Guetto deposit within the Didievi Gold Project in Côte d'Ivoire, with recent results confirming the scale, continuity and growth potential of the mineralized system. Step-out drilling has extended mineralization more than 150 metres from the previous Mineral Resource Estimate (MRE), with highlights including 13.0 m at 9.5 g/t Au, 7.2 m at 13.1 g/t Au, and 6.0 m at 12.9 g/t Au. The drilling has also identified additional near-surface mineralization outside the current resource envelope, supporting ongoing evaluation of open-pit-constrained resource growth. The acquisition of African Gold by Montage Gold will provide increased financial capacity and development expertise to accelerate work programs at Didievi, while A1G shareholders will retain exposure to the project's upside through the receipt of Montage Gold shares. Preliminary metallurgical test work has confirmed a non-refractory orebody well suited to conventional CIL processing, with high recoveries achieved. The Didievi Project is emerging as one of Côte d'Ivoire's most exciting gold opportunities, with a growing high-grade resource base, consistent drilling results, and clear potential for further scale along strike and at depth.
Under Montage's management, the Didievi Project will have increased capacity to accelerate work programs, while A1G shareholders retain exposure to the project, through the receipt of 0.0628 Montage Gold shares per A1G share.