Tietto Minerals

Website: www.tietto.com
Primary ticker: ASX:TIE
Stage of development: Exploration
Primary minerals: Gold

Live financials

Tietto Minerals Limited is a gold explorer and developer listed on Australian Stock Exchange since 18th January 2018. It’s flagship project, the Abujar Gold project has a land holding of 1,114km2 over a mineralization strike of 70km in central west Cote D’Ivoire (“CI”) delivered a maiden JORC resources of 703,600oz at 2.1g/t in 2016. Tietto has planned 40,000m drilling for the Abujar project in 2018 with an aim to double the resources in the H2 of 2018 and commence pre-feas in the H1 of 2019. It also has other 2 gold projects in CI and 2 gold projects in Liberia. Tietto’s board is comprised of well experienced corporate executives and mining professionals. Its major shareholders are long term supporters. Being a genuine gold explorer, Tietto is well known in CI and Liberia with good reputation and good relationship with government and local communities.

Management Profile

Caigen WANG – Founder and Managing Director

Caigen WANG, founder and Managing Director of Tietto Minerals. Bachelor, Master and PhD in Mining Engineering. Fellow of AusIMM and Chartered Professional Engineer of Institution of Engineer, Australia. 28 years practical experience in mining engineering and mineral exploration in Australia, China, Africa and Canada. Dr. Wang’s recent professional experience includes Managing Director for an ASX listed junior mineral resources company, senior technical and management roles in mining houses (St Barbara, Sons of Gwalia, BHP Billiton and China Goldmines PLC etc.) He has been working on a variety of mineral commodities including coal, gold, base metals and oil sands etc.

What is your rationale for attending 121 Mining Investment?

To show to the investment community what Tietto has and what Tietto is doing and what Tietto will achieve.

What recent news would you like to highlight to investors attending?

Consolidation of project ownership and acquisition of new projects.
Drilling results for the Abujar gold project from 1st drilling campaign in 2018 – news flow in coming weeks
2nd drilling campaign in 2018 to commence in Abujar

27/3/2018: First drilling results extend Abujar project at depth and strike
21/3/2018: Direct interest in Abujar Middle tenement increases to 90%
8/3/2018: Visible gold in core at Abujar project over 1km strike

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Resource drilling of 10,000m RC/DD
Aeromag survey of 2000 square kilometer
IP survey to identify deep Au deposits

6 Months:

Resource update to double JORC resource to target 1.4 million oz
Drilling 15000m RC/DD
Deep drilling targets defined through IP survey

12 Months:

Resources update to target 2 million oz JORC resource
Deep targets clarified through drilling
Drilling 40,000m RC/DD

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

The only risk that I can see is the significant drop of gold price and the resultant investment panic. Say it drops to below 1000~1100USD per oz

In a sentence, what do you think makes your company such a compelling investment?

Moderate size JORC resource achieved with huge update and carefully managed by diligent and professional people.