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ABUJAR GOLD PROJECT'S DEFINITIVE FEASIBILITY STUDY SHOWS TIETTO IS A MONEY-MAKING MACHINE
ABUJAR GOLD PROJECT'S DEFINITIVE FEASIBILITY STUDY SHOWS TIETTO IS A MONEY-MAKING MACHINE
✦ Mark Strizek, Executive Director of Tietto Minerals Limited (ASX:TIE) says the Definitive Feasibility Study (DFS) for the Abujar Gold Project is knocking people's socks off.
Mark Strizek, the Executive Director of Tietto is pleased with the numbers that have been coming up with the company's Abujar Gold Project in in Côte d’Ivoire, West Africa.
With the Definitive Feasibility Study (DFS) for the Abujar Gold Project, the numbers are really making people sit up and take notice. The report has boosted forecast production in the first year by 30% from the PFS to 260,000 ounces of gold at an all-in sustaining cost (AISC) of US$651 per ounce. Mark Strizek says the DFS metrics are clearly compelling – all PFS measures have materially improved, from production to finance.
The 54% global resource upgrade from a Pre-Feasibility Study that was released earlier shows how strong the Abujar Gold Project is. The AISC for the first year is less than USD$900 and the next six years of production is at less than USD$1000.
And investors want to know more...
Mr. Strizek is a familiar face and voice on the Samso platform, and he returns today to talk about the recent release of the DFS. Noel Ong, CEO of Samso, started his very first coffee chat with Mr. Strizek and invited him to celebrate their milestone 100th episode of Coffee with Samso with another episode. It is wellworth tuning in to Noel's previous chat with Mr. Strizek to get a background to what they are talking about today. Back then, Noel had already identified Tietto's project as essentially a Simple Gold Mining Story.
If you want an example of what a good gold project should look like, follow Tietto's developments.
Contact Tietto Minerals Limited
+61 (0)8 9420 8270
admin@tietto.com
www.tietto.com
Unit 7, 162 Colin Street West Perth WA 6005