Pictured: Tietto Executive Director Mark Strizek celebrates his company’s win in the Investment Battlefield final after receiving the tropgy from Eurasian Resource Group’s Jonathan Cordero.
Fresh from their visits to Cape Town last month for the annual Investing in African Mining Indaba, a host of ASX-listed West African explorers have released exploration results.
Mako Gold Ltd, Exore Resources Ltd and African Gold Ltd have all reported high-grade intercepts in the last two weeks as explorers look to follow in the footsteps of miners Perseus Mining and Resolute Mining and developers such as West African Resources and Cardinal Resources.
Leading the charge have been Oklo Resources Ltd and Tietto Minerals Ltd. Oklo raised $12.5 million on Monday to fund ongoing exploration of its Dandoko project in western Mali.
In late February, Oklo announced results from 21 RC and two diamond holes at Dandoko’s SK1 prospect, including hits of 34m @ 4.07 g/t, 22m @ 3.94 g/t and 11m @ 8.55 g/t.
Tietto has been travelling just as well with a hit of 13m @ 3.1 g/t reported from its AG South project in Cote d’Ivoire on February 20.
That intercept followed on from a successful week in Cape Town where Tietto took out the Investment Battlefield award at the Mining Indaba.
In a hotly contested final round decided by a panel of expert judges, West African gold explorer Tietto emerged victorious from the investment “boxing ring” which has become of one of the conference’s signature events.
“It was a lot of fun and has actually been quite useful in getting some recognition and just generally increasing the profile of the company,” Strizek told Paydirt.
“There have been a number of follow-up emails and so on that have resulted out of it, so we’re really quite chuffed.”
For more on Tietto and the rest of the West African gold sector, subscribe to the April edition of GMJ.
For more on the Mining Indaba, subscribe to the March edition of Australia’s Paydirt.
