African Gold Ltd announces maiden Mineral Resource Estimate on Didievi Project

African Gold Ltd (ASX: $A1G) has announced the maiden Mineral Resource Estimate (JORC 2012) on the Didievi Project, Cote d'Ivoire. The Resource is based on the results of drilling completed by African Gold and previous owners of the Project and was prepared by Massa Geoservices.

Executive Commentary on Maiden Inferred Resource

African Gold's Managing Director, Mr Phillip Gallagher, expressed, 'We are very pleased to be able release a maiden resource for the Didievi Project. The estimation of the resource follows a thorough review of all previous exploration data on the Project, both historical drilling and African Gold drilling. African Gold has undertaken a comprehensive program involving relogging of diamond drill core as well as the verification of prior assay results and drillhole data, identifying a number of erroneous database entries connected to the drillhole data.'

Summary of Maiden Resource and Outlook

The maiden inferred resource of 452koz of gold at 2.9 g/t (1.0 g/t Au cut-off) on the Blaffo Guetto Prospect at the Didievi Project marks a significant milestone for African Gold Ltd. The company is commencing a 2,030m diamond drilling campaign in August 2024 to infill areas not previously drilled and to achieve an expanded resource near the higher range of the Didievi Exploration Target. The shallow resource area is potentially suitable for a future open pit mining operation. With numerous other high prospects on the Didievi Project tenure, African Gold is optimistic about the Project's potential to be a multi-million ounce deposit.