• African Gold began a 40,000m drilling program at Didievi in Côte d’Ivoire, running through 2026.
• Backed by Montage Gold’s \$6M investment, it targets Blaffo Guetto and nearby prospects.
• Goal is to expand resources beyond 989,000 ounces, pending further studies and permits.

African Gold announced Monday, July 28, it launched a new 40,000-meter drilling program at its Didievi gold project in Côte d’Ivoire. The Australian junior mining company detailed that this campaign marks the start of an extensive exploration program expected to run through 2026.

The company is conducting the program in collaboration with Montage Gold, which became a shareholder last March. The campaign will include both diamond and reverse circulation, or RC, drilling. It will primarily focus on Blaffo Guetto, the only gold deposit discovered so far at Didievi. Additional targets include the Pranoi and Poku prospects, along with several other high-priority, underexplored areas.

Financial specifics of the campaign were not disclosed. However, African Gold raised 9.2 million Australian dollars, approximately $6 million, through Montage Gold’s equity investment. The transaction suggests strong interest in Didievi and its 989,000 ounces of inferred resources. African Gold aims to refine this potential through the new exploration program, with the goal of turning the deposit into a "multi-million ounce gold project."

An increase in mineral resources could support African Gold’s short term plans, though it would not guarantee the future mine's development. Converting current resources into reserves, conducting feasibility studies to justify commercial viability, and securing funding and mining permits are all critical steps the company will still need to validate if Didievi progresses toward development by 2026.

Aurel Sèdjro Houenou