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African Gold Limited (ASX:A1G)

ALERT: Price-sensitive ASX Announcement for A1G
Current share price for A1G : $1.040 0.445 (74.79%)+
Announcement
Release
22 Dec 2025 9:47AM
Price at Release
$0.595
Full Release
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Summary
African Gold Limited (ASX: A1G) has announced continued drilling success at the Blaffo Guetto deposit within the Didievi Gold Project in Côte d'Ivoire. Recent step-out drilling has extended mineralisation to the east, along strike, and at depth, demonstrating the scale and continuity of the gold system. Significant drilling results include high-grade gold intercepts such as 13.0 meters at 9.5 g/t Au and 7.2 meters at 13.1 g/t Au. The exploration has identified additional near-surface mineralisation outside the current resource envelope, supporting potential open-pit-constrained resource growth. This announcement follows the acquisition of African Gold by Montage Gold, which allows shareholders to retain exposure to the project through shares in Montage Gold. The drilling data supports ongoing evaluations for a future resource update.
Key Points
  • Step-out drilling at Blaffo Guetto extends mineralisation east, along strike and at depth.
  • Drilling highlights include intercepts of 13.0 meters at 9.5 g/t Au and 7.2 meters at 13.1 g/t Au.
  • Recent drilling identified additional near-surface mineralisation.
  • Acquisition of African Gold by Montage Gold increases capacity for project acceleration.
  • Shareholders will receive Montage Gold shares in exchange for A1G shares.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.