African Gold Doubles Resource to Nearly 1 Million Ounces at Blaffo Guetto
African Gold (ASX: A1G) has delivered a 119% increase in the inferred mineral resource at its Blaffo Guetto deposit, part of the Didievi Project in Côte d'Ivoire. The resource now stands at 989,000 ounces within 12.4 million tonnes at 2.5g/t gold, using a 0.8g/t cut-off. This significant African Gold resource increase demonstrates the company's ability to successfully expand its gold assets in West Africa.
High-Grade Resource Shows Exceptional Scalability
The updated resource demonstrates remarkable flexibility, scaling to over 1 million ounces at lower cut-off grades:
| Cut-off (g/t) | Tonnage (Mt) | Grade (g/t) | Gold (oz) |
|---|---|---|---|
| 0.3 | 20.4 | 1.70 | 1,127,000 |
| 0.5 | 16.9 | 2.0 | 1,081,000 |
| 0.8 | 12.4 | 2.5 | 989,000 |
| 1.1 | 9.3 | 3.0 | 897,000 |
| 1.5 | 6.9 | 3.6 | 796,000 |
This resource growth has been achieved at a discovery cost of less than US$5 per ounce, inclusive of all exploration and corporate expenses – a metric that compares favourably against industry standards in the gold sector.
"We are extremely pleased to deliver a substantial upgrade to the Blaffo Guetto resource, a 119% increase that takes us to 989,000 ounces at an impressive 2.5g/t Au, and over 1 million ounces at lower cut-off grades. This outcome reflects the quality of the Didievi Project, having achieved this growth at a discovery cost of less than US$5 per ounce, an exceptional result by any measure." – Adam Oehlman, CEO
Significant Upside Potential Remains
The high-grade gold system at Blaffo Guetto has only been tested to approximately 300 meters depth, yet continues to demonstrate outstanding growth potential. The mineralisation remains open in all directions – both at depth and along strike.
Importantly, the deposit has now been confirmed as continuous and well-defined over a strike length of 1.8 kilometers, providing strong confidence in the robustness of the resource. The ongoing African Gold resource increase efforts are likely to yield additional ounces as exploration continues.
Understanding Mineral Resource Estimation
Mineral resource estimation is a process that quantifies the amount and grade of minerals within a deposit. At Blaffo Guetto, the resource classification as "inferred" is based on drill hole spacing varying from 30-40m x 30-40m in the upper parts of the gold lodes to approximately 60m x 80m at lower depths.
An inferred resource represents a reasonable but lower-confidence estimate based on limited geological evidence. The classification indicates that while there is sufficient confidence in the geological continuity of the mineralisation, additional drilling would be required to increase the confidence level to "indicated" or "measured" categories.
The grade was estimated using industry-standard techniques including Inverse Distance (ID3) and Kriging methods, with appropriate top-cutting of high-grade values to prevent overestimation. Validation processes confirm the block model adequately represents the underlying drill data.
This methodology ensures that the reported resource provides a reasonable representation of the expected tonnage and grade, without overstating the level of geological confidence.
Strategic Position and Development Options
African Gold is fully funded to execute the next phase of resource expansion with A$12 million in cash and cash equivalents. The company's dual strategic focus includes:
- Continuing to expand the Blaffo Guetto resource footprint
- Defining and extending regional targets already showing promising results
The updated resource estimate does not include any recent regional discoveries across the broader Didievi Project, such as those at Pranoi and along the Poku Trend, where drilling has confirmed over 600 meters of continuous mineralisation along a potential 1.5km strike length.
Unique Development Optionality
Beyond the standalone potential of the growing resource, Blaffo Guetto benefits from its strategic location within trucking distance of approximately 8 million tonnes of existing processing capacity. This presents multiple development scenarios, including the possibility of accelerated production through toll treatment arrangements.
This flexibility may allow African Gold to generate earlier cash flows while continuing to expand the resource base and evaluate longer-term, standalone development options. Furthermore, the African Gold resource increase provides additional options for potential development pathways.
Why Investors Should Track African Gold
With a near-million-ounce resource growing at exceptional value, African Gold presents a compelling investment case:
- High-grade deposit with a robust grade of 2.5g/t gold that improves at higher cut-offs
- Outstanding growth potential with mineralisation open in all directions
- Fully funded with A$12 million to accelerate drilling and exploration
- Multiple development pathways including standalone operation or toll treatment options
- Exceptional discovery cost of less than US$5 per ounce
- Strategic partnership with Montage Gold to unlock further value
The company is accelerating its drilling program in July 2025, pursuing both resource expansion at Blaffo Guetto and definition of regional targets. With multiple targets still to be tested across the 9km-long Poku Trend and eight additional drill-ready targets, Didievi is increasingly demonstrating potential to host a multi-million-ounce gold system.
African Gold appears well-positioned to continue its growth trajectory and deliver significant value to shareholders as it advances toward establishing a major gold resource in Côte d'Ivoire. This latest African Gold resource increase represents a significant milestone in the company's development journey.
Ready to Be Part of This Impressive African Gold Story?
Looking to invest in a rapidly expanding gold resource with exceptional grades and significant growth potential? African Gold (ASX: A1G) has nearly doubled its resource to 989,000 ounces at an impressive 2.5g/t gold, with development optionality and a fully funded exploration programme. To learn more about this compelling investment opportunity and stay updated on African Gold's progress at the Didievi Project in Côte d'Ivoire, visit African Gold's website today.
