
- WORLD EDITIONAustraliaNorth AmericaWorld
October 06, 2024
33.0 m at 2.4 g/t of gold from 31m
African Gold Ltd (African Gold or the Company) (ASX: A1G) is very pleased to announce results from the first of 6 recently completed diamond drillholes which were planned to test possible extension of the gold lodes and to infill previous drilling on gold controlling structures at the Blaffo Guetto prospect, on the Company’s Didievi Gold Project in Cote d’Ivoire.
HIGHLIGHTS
- Assay results from the first of 6 completed diamond drillholes returns a wide, high- grade intercept of:
- 33.0 m at 2.4 g/t of gold from 31m (DDD047)
- The mineralisation intersected by the first drill hole is hosted by a newly discovered quartz porphyry located in the southern zone of the deposit
- Similar untested porphyries have been identified in the southern Blaffo Guetto zone, with potential for a major new mineral discovery
- The new drill results are outside of, and in addition to, the existing Didievi Project Maiden Inferred Resource of 4.93Mt for 452koz of gold at 2.9 g/t Au (1.0 g/t Au cut off)1
- The result is consistent with previous drilling on Blaffo Guetto, indicating that the prospect is high-grade, shallow and potentially suitable for open pit mining
- Drilling has recently been completed and samples for the remaining 5 holes are being submitted to the laboratory
The assay results from hole first drill hole of the program have returned shallow and wide high grade gold values, the highlight intersection being 33.0 m at 2.4 g/t of gold from 31 m (DDD047).
The drilling program was designed to expand and upgrade the recently announced shallow, high grade, maiden gold inferred resource of 4.93Mt for 452koz of gold at 2.9 g/t Au (1.0 g/t Au cut off)1.
The first hole, DDD047, was drilled in the Domain – SW of the Blaffo Guetto prospect (Figure 1).

The mineralised intercept obtained by the first drillhole, DDD047, is located outside of the Blaffo Guetto Inferred Resource envelopes (Figure 2).

Mineralisation from hole DDD047 is hosted in a quartz porphyry (Figure 3a). Field traverses have identified sub- crops of the porphyries on the surface above this intersection suggesting that the mineralised porphyry extends to the surface, and it also remains open at depth (Figure 3b).
The discovery of the porphyry acting as a main host of the gold mineralisation is new for the Didievi Project and indicates the presence of a new mineralisation type, which significantly enhances the prospectivity of the project area and the potential for new gold discoveries. The gold lodes delineated by the previous drilling data were preferentially controlled by shear zones cutting the host volcano-sedimentary succession and also distributed along the contacts of the intrusive porphyry bodies. The mineralised porphyries represent new exploration targets and mapped by resistivity high anomalies, which could be due to unexposed and yet to be drill-tested porphyry bodies.
Click here for the full ASX Release
This article includes content from African Gold Ltd., licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
The Conversation (0)
3h
Gold Price Falls, Then Recovers After Fed Keeps Rates Steady
The gold price fell on Wednesday (October 28) after the US Federal Reserve kept interest rates unchanged.The Federal Open Market Committee voted 10 to two to keep its benchmark interest rate at 3.75 to 4 percent. Fed officials Lisa D. Cook and Beth M. Hammack dissented and called for a 0.25... Keep Reading...
4h
5 Best-performing Gold Stocks on the TSX in 2026
The gold price hit record highs of over US$5,500 per ounce in January 2026, and while its price has pulled back, it has largely held above the US$4,000 mark since it first broke through that point in September 2025.Gold's growth may have been stalled by a variety of factors, including widespread... Keep Reading...
9h
Osisko Gold Reports Progress at Cariboo Project in BC
Osisko Gold Group (TSXV:OGG,NYSE:OGG) announced that as of September 30, construction of its Cariboo gold project in Central BC is 28 percent complete, based on costs incurred.By the end of September, the company had incurred C$355 million in project costs, while the estimated remaining cost to... Keep Reading...
27 October
Top 5 ASX Gold Stocks in 2026
The gold price may have receded from the new all-time high above AU$6,860.28 per ounce set in Q1, but the yellow metal was still trading at historic highs in the third quarter.The gold bull market has been well-supported by a number of factors. Among them is the pervading geopolitical turmoil... Keep Reading...
26 October
Boroo Plans C$1.5 Billion Investment to Restart Yukon’s Eagle Gold Mine
Singapore-based Boroo has agreed to acquire Victoria Gold Corp. for up to C$140 million and plans to invest more than C$1.5 billion in the Eagle Gold Mine in Yukon, according to a Thursday (October 22) news release.The company will invest in environmental remediation, mine restart activities and... Keep Reading...
23 October
Editor's Picks: Gold Price Slips Below US$4,000, Expert Says US$3,600 Could be Next
It was a week of downward momentum for gold, which tumbled from above US$4,100 per ounce to below US$4,000 by the end of the period. Silver took a hit as well, sinking from close to US$58 per ounce to below US$54. Those prices represent important levels for both metals. Investors tend to focus... Keep Reading...
Latest News
Interactive Chart
Latest Press Releases
Related News
TOP STOCKS
American Battery4.030.24
Aion Therapeutic0.10-0.01
Cybin Corp2.140.00





