Growing a multi-million ounce gold resource at our Abujar Gold Project in Côte d’Ivoire

Tietto Minerals (ASX: TIE) is West Africa’s newest gold producer, achieving first gold at its Abujar Gold Project in Côte d’Ivoire in January 2023.

Tietto’s 2021 Definitive Feasibility Study (DFS) for Abujar demonstrated the project can produce 260,000 ounces of gold in its first year of production at an all-in-sustaining-cost (AISC) of US$651/oz and produce 1.2 million ounces of gold over the first six years of operation – averaging 200,000 ounces per year at an AISC of US$804/oz.

With estimated Life of Mine revenue of US$2.87 billion at a US$1,700/oz gold price, Abujar can deliver pre-tax cashflow of US$1.28B and achieve payback within a year of first production. Abujar gold production is unhedged and free of debt.

Abujar has a current mine life of 11 years with scope for Tietto to extend this with further near-mine and regional exploration success.

Tietto is investigating the viability of a second gold mine at the APG deposit, 7km from its Abujar operations.


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With #gold prices soaring to US$1,990/oz & a 7% increase over the past month, it's an exciting time for @TiettoMinerals as they ramp up production at West Africa's newest gold mine. Petra's BUY rating & target price of A$0.97/sh only add to the excitement.
#goldrush #mining $TIE

Explorer @TiettoMinerals predicts a glittering first six-year haul of 1.2 million ounces of #gold at an all-in sustaining cost of US$800 per ounce as it scales up to full production on West Africa’s Ivory Coast.

$TIE #BULLSNBEARSWA #TheWestAustralian

$TIE Tietto Minerals ramps to full gold production ahead of resource update; DFS forecasts 200,000 ounces annually @TiettoMinerals #TIE #ASX #ASXNews

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