African Gold Ltd Drill Results Deliver 16m at 13.2g/t Gold

Blaffo Guetto Delivers Standout Gold Intercepts as African Gold Advances Didievi Project

African Gold (ASX: A1G) has announced impressive new drill results of African Gold Ltd from its Blaffo Guetto deposit, highlighted by a standout intercept of 16 meters at 13.2g/t gold from 197 meters depth. These results form part of the company's systematic exploration program designed to expand the existing resource base and test high-conviction regional targets across its promising Didievi Project in Côte d'Ivoire.

High-Grade Results Strengthen Resource Potential

The latest drilling campaign at Blaffo Guetto has delivered multiple significant gold intersections that reinforce the scale, grade, and growth potential of the deposit:

• 16m at 13.2g/t Au from 197m (BGDD25-005)
• 13m at 2.8g/t Au from 257m (BGDD25-010)
• 10m at 2.9g/t Au from 351m (BGDD25-001)
• 10m at 2.8g/t Au from 407m (BGDD25-008)
• 7m at 2.8g/t Au from 98m (BGDD25-012)
• 5m at 4.2g/t Au from 353m (BGDD25-007)

These results follow the June 2025 Mineral Resource Estimate (MRE) announcement which reported Blaffo Guetto's resource at 989,000 ounces within 12.4 million tonnes at 2.5g/t gold. The current drilling program is part of a >40,000-meter campaign designed to materially expand the resource footprint.

"These initial results from Blaffo Guetto are very encouraging. We are consistently seeing high grades over meaningful widths, which reinforces the scale and quality of the system. Our systematic program is generating high-quality datasets that are building confidence in the geological model and informing the ongoing structural review," said CEO Adam Oehlman.

Accelerated Exploration Program in Progress

Despite the wet season, African Gold has maintained solid progress with two diamond drill rigs currently operating at Blaffo Guetto. The company plans to further accelerate its exploration activity with:

• Two RC rigs scheduled to mobilize in November to test priority regional targets
• An ongoing structural review to refine targeting and optimize follow-up drilling
• Advancing metallurgical testwork to support the upcoming Scoping Study
• Environmental baseline assessments and other critical-path activities

The company remains well-funded with approximately A$16 million in cash and liquid assets, enabling accelerated activity and a steady cadence of assay results and market updates.

Understanding Drill Results: What Makes These Intercepts Significant?

Gold exploration drilling results are typically reported as the length of the mineralized intersection followed by the grade in grams per ton (g/t). The standout intercept of 16 meters at 13.2g/t is particularly significant because it represents both substantial width and high grade.

For context, open-pit gold mines often operate profitably at grades between 0.5-2.0g/t, while underground mines typically require higher grades of 3.0g/t or more to be economical. The intercept of 16m at 13.2g/t is therefore exceptional, representing a zone that contains approximately 211 grams (or about 6.8 troy ounces) of gold per cubic meter of rock.

This high-grade intercept, combined with multiple other significant zones, indicates the potential for expansion of the current resource and possibly higher average grades in certain areas.

How Grade and Width Impact Mining Economics

When evaluating drill results of African Gold Ltd, both the grade (g/t) and the width of the intersection (meters) are crucial factors that affect the economic viability of a potential mining operation:

Grade (g/t): Higher grades generally mean more gold can be extracted per tonne of material processed, potentially resulting in lower processing costs per ounce produced.

Width (meters): Wider zones of mineralization may allow for more efficient mining methods, particularly in open-pit scenarios where minimum mining widths are important considerations.

Grade-Thickness: The product of grade and thickness (g/t × meters) provides a useful metric for comparing different intercepts. For example, the standout intercept of 16m at 13.2g/t equates to 211 gram-meters, which is considerably higher than a 5m intercept at 4.2g/t (21 gram-meters).

The multiple high-grade intercepts reported by African Gold suggest not only the potential to expand the resource envelope but also to potentially identify higher-grade zones that could enhance the overall economics of the Didievi Project.

Didievi: Emerging as a Multi-Million-Ounce Gold Project

The Didievi Project is positioning itself as one of Côte d'Ivoire's most exciting gold opportunities. Beyond Blaffo Guetto, the project includes several other promising prospects:

• Pranoi has confirmed more than 600 meters of continuous mineralization along a potential 1.5-kilometer strike
• The 9-kilometer Poku Trend has already delivered significant intercepts despite limited drilling
• Eight additional drill-ready targets underscore the district-scale potential

The project offers rare development flexibility, sitting within trucking distance of approximately 8 million tonnes of existing processing infrastructure. This provides a clear pathway to near-term production alongside the potential for a future standalone operation.

Geological Setting and Mineralization Style

The Didievi Project is situated within the central portion of the Oumé-Fetekro Birimian greenstone belt in Côte d'Ivoire. This belt strikes in a northeast-southwest direction and is part of the Proterozoic basement in the Baoulé-Mossi domain of the West African Craton, formed between 2.2 and 1.9 billion years ago.

At Blaffo Guetto, gold mineralization is hosted in intensely altered and deformed rocks characterized by a network of millimeter-scale stockwork quartz veinlets. The gold lodes strike approximately 43 degrees northeast and dip steeply, nearly vertical in many locations. Local variations in dip direction occur, likely due to anastomosing shears surrounding rigid blocks of porphyry intrusions and possible folding of the host strata.

The high-grade mineralization is typically concentrated in the central part of the mineralized zone and surrounded by a halo of lower-grade mineralization, creating a predictable pattern that helps guide exploration efforts.

Why Investors Should Follow African Gold

African Gold presents a compelling investment case for several reasons:

1. Resource Growth Potential: With a current resource of almost 1 million ounces at Blaffo Guetto and multiple promising targets across the property, there is significant potential to establish a multi-million-ounce gold resource.

2. High-Grade Intercepts: The latest drill results of African Gold Ltd demonstrate exceptional grades over meaningful widths, suggesting the potential for a high-margin operation.

3. Strategic Location: The project's proximity to existing processing infrastructure offers flexible development pathways and potential for accelerated time to production.

4. Strong Financial Position: With approximately A$16 million in cash and liquid assets, the company is well-funded to advance exploration and development activities.

5. Experienced Support: African Gold benefits from the continued backing of major shareholder Montage Gold, which brings significant regional expertise through its advancement of the Koné Gold Project in Côte d'Ivoire.

As the company continues its systematic exploration program across Didievi, investors can expect a steady flow of drilling results and project advancement milestones throughout 2025-2026, potentially driving significant value creation as this emerging gold district develops.

Future Work and Potential Catalysts

African Gold has outlined a clear path forward to continue developing the Didievi Project:

• Continuation of the >40,000-meter drilling campaign to expand the resource footprint
• Testing of high-conviction regional targets with RC drilling commencing in November 2025
• Completion of metallurgical testwork and other critical-path activities to support a Scoping Study
• Ongoing structural review to refine targeting and optimize follow-up drilling

These activities are expected to generate regular news flow and potential catalysts for the company, with particular focus on:

1. Additional drill results from the current campaign at Blaffo Guetto
2. New discoveries from regional targets
3. Results from the Scoping Study
4. Resource updates incorporating new drilling data

The combination of continued exploration success, strategic location, and a strong financial position positions African Gold to potentially advance the Didievi Project rapidly through the development pipeline.

Ready to Invest in Côte d'Ivoire's Next Major Gold Discovery?

With exceptional intercepts including 16 metres at 13.2g/t gold and a robust 989,000-ounce resource already defined, African Gold's Didievi Project represents a compelling investment opportunity in one of West Africa's most promising gold regions. To learn more about African Gold's expanding resource potential, development pathways, and upcoming catalysts that could drive significant shareholder value, visit African Gold's website for the latest investor information and project updates.