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A SIMPLE GOLD MINING STORY FROM TIETTO MINERALS LIMITED
A SIMPLE GOLD MINING STORY FROM TIETTO MINERALS LIMITED
✦ “Drilling is important. If you do not drill you cannot grow,” says Mark Strizek, Executive Director of Tietto Minerals Limited (ASX:TIE)
Mark Strizek tells us a Simple Gold Mining Story
Mr. Strizek shares about the company’s journey which I have been following since 2018. Now in 2021, the company’s results are bearing fruit for their shareholders. Lots to celebrate today indeed. Today’s story has a very simple nugget of wisdom.
Interestingly enough, this simple gold mining story takes place in the Côte d’Ivoire, West Africa. We are talking about the Abujar Gold Project.
Caigen Wang is the founder of Tietto and he went about finding and now developing the Abujar Gold Project. Caigen saw the number of people working in the mine and immediately realised the potential of developing this mine.
➹ Mark Strizek, Executive Director of Tietto Minerals Limited (ASX:TIE) brings clarity to the company’s journey with Noel Ong, Samso
“Tietto Minerals (TIE) saved over USD60M by having their own drill rigs. This is money Tietto’s shareholders have saved since 2018.” - Mark Strizek
Cote d’Ivoire is a place that is rich in minerals and is blessed with greenstones (See Figure below under Abujar Project) similar to what is seen in the Kalgoorlie Goldfields. So far, there have been numerous multi million ounces of gold discovered in the country and the pro-economic government is a bonus.
Tietto is serious with ESG
ESG (Environment, Social, Governance) is one of Tietto’s challenges to make the mine a reality. Mr. Strizek gives an update on their current situation. So far there have been no deal breaking events in front of the company as they progress aggressively to get the first gold bar poured for shareholders.
Following an aggressive drilling campaign, Tietto announced an increase in its Mineral Resource Estimate at the Abujar Project in July 2021. This included a growth in gold resources to 87.5Mt @ 1.2 g/t Au for 3.35Moz including:
• AG mineral resources total 50.3Mt @ 1.5 g/t Au for 2.45Moz (+7% oz Au)
• APG mineral resources total 36.7Mt @ 0.7 g/t Au for 0.87Moz (+24% oz Au)
These results boost the Abujar Indicated Resources by 49% to 43.4Mt @ 1.3 g/t Au for 1.85Moz of contained gold, representing more than 55% of the Abujar project ounces.
Learn more about the Abujar Gold Project inCôte d’Ivoire, West Africa
Tietto is taking ESG seriously and the company has even contracted RPMGlobal to provide specialist ESG advice for their Abujar project. An Ivorian company, Envitech, has been engaged to conduct the baseline fieldwork to compile an environmental and social impact assessment.
Contact Tietto Minerals Limited:
+61 (0)8 9420 8270
admin@tietto.comwww.tietto.com
Unit 7, 162 Colin Street West Perth WA 6005
