African Gold Strikes Again: Third Discovery at Didievi Bolsters Côte d’Ivoire Ambitions

Key Highlights:

• New high-grade gold discovery at Pranoi Prospect extends mineralisation over 600 metres
• Intercepts include 25m @ 1.6g/t Au and 9m @ 3.8g/t Au, with resource potential beyond 1.5km
• Stock surges 8.33% to $0.13; market cap now $62.4M with a staggering 420% 1-year return
• Didievi Project emerges as multi-million-ounce gold system in the making
   

African Gold Ltd (ASX: A1G) continues to make waves in West Africa, reporting a third major discovery at its flagship Didievi Gold Project in Côte d’Ivoire. The company’s latest drilling results confirm the Pranoi Prospect as a shallow, high-grade, open-pittable gold zone, adding substantial weight to the broader regional development strategy.

The announcement, released on May 6, 2025, highlighted several significant intercepts at Pranoi:

• 25m @ 1.6g/t Au from 83m, including 10m @ 2.4g/t Au
• 15m @ 1.7g/t Au from 51m, including 9m @ 2.4g/t Au
• 9m @ 3.8g/t Au from 109m
   

These results build upon earlier hits such as 8m @ 6.5g/t Au and 3m @ 7.9g/t Au, confirming continuous gold mineralisation across a 600-metre strike, with potential to extend over 1.5 kilometres—on par with the 1.8-kilometre Blaffo Guetto zone to the south .

CEO Adam Oehlman stated, “These results continue to validate our belief that Didievi hosts a large, fertile gold system with multiple high-quality targets. The scale of the opportunity is exceptional.” He added that satellite discoveries like Pranoi would be considered stand-alone projects by many peers, but here they bolster an already impressive resource base .

The Pranoi discovery sits just 11km north of African Gold’s maiden resource at Blaffo Guetto, which hosts 4.93Mt @ 2.9g/t Au for 452,000oz. The company is aiming for a significant resource update in H2 2025, positioning Didievi as a cornerstone project in the underexplored Oumé-Fetekro greenstone belt .

Market response to the announcement was swift. Shares surged 8.33% to $0.13, bringing the market cap to approximately $62.4 million. The stock has delivered a 420% return over the past 12 months, placing African Gold among the ASX’s top-performing gold explorers .

Drilling was carried out using diamond core techniques, with high recovery rates and tight assay verification protocols. The company also reaffirmed its commitment to continue aggressive exploration in 2025, with 10,000 metres of drilling planned to test other targets within the Didievi tenement .

The Pranoi discovery adds strategic depth to the company’s resource base and supports its vision of unlocking a multi-million-ounce system.