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Resolute Mining Ltd on Tuesday said an initial mineral resource estimate, at the La Debo project in the Ivory Coast, found a larger than previously estimated amount of gold. The Africa-focused gold miner said the MRE comprised 643,000 ounces of contained gold, which is 60% larger than historical estimates. Resolute said this estimation was achieved through ‘exploration success’ at the G3S prospect on the La Debo permit. ‘The focus of future exploration is on extending the high-grade mineralisation at G3S as well as drill testing targets in the south-western half of the permit,’ the company said. Resolute said it intends to start exploration across two new exploration permits in 2026 and ‘sees potential for the resources at the La Debo project to expand further’. Depending on the exploration results, Resolute said the MRE may be updated in late 2026. ‘We are pleased to release an initial JORC resource for the La Debo project in Côte d’Ivoire. The exploration team has done a great job adding over 250 koz of contained gold to the historic resource,’ said Managing Director & Chief Executive Chris Eger. ‘Overall, today’s result demonstrates Resolute’s ability to create value through exploration. With exploration projects in Cote d’Ivoire, Senegal and Guinea, Resolute is well-positioned to continue building a diversified pipeline of high-quality projects,’ Eger added. Shares in Resolute fell 3.4% to 49.67 pence on Tuesday afternoon in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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