African Gold
Primary Ticker: ASX:A1G
Stage of Development: Development, Exploration
Primary Minerals: Gold
Country / Region: Côte d'Ivoire
Market Cap 91m
Website: African Gold
African Gold Limited (ASX: A1G) is an Australian-listed gold explorer advancing the high-potential Didievi Gold Project in Côte d’Ivoire. This near-surface, high-grade deposit hosts 989,000 oz at 2.5 g/t (0.8 g/t cut-off), positioned within the prolific Birimian greenstone belt and close to three operating mines with 8Mt of processing capacity, providing multiple development pathways. Backed by Montage Gold, African Gold has commenced its largest drilling program, 40,000 metres to expand the Blaffo Guetto resource and test regional targets. In parallel, it is progressing the Konahiri Project, an 18 km-long soil anomaly in the Kotiola–Marabadrassa belt, with maiden drilling planned for October.
Management Profile:
Adam Oehlman is a dynamic mining executive with a proven record of turning vision into value. With technical expertise from key roles at Northern Star, Superior Gold, and Gold Fields, and sharp commercial acumen honed in business development and strategic analysis, Adam brings a rare blend of skills. Most recently, as Principal Investment Analyst at Hancock Prospecting, he evaluated and drove high-impact resource investments. Since taking the helm at African Gold, Adam has led a remarkable transformation, driving the share price from just $0.02 to $0.26 and positioning the company for a new era of growth and momentum.
What is your rationale for taking part in 121 Mining Investment?
Willing to buy on market. No capital raise is imminent, and the only way to gain access to the next raise will be by already being an existing shareholder.
What recent news would you like to highlight to investors attending?
- 25 March 2025 - A1G announces strategic partnership with Montage Gold
- 23 June 2025 - Blaffo Guetto (on Didievi tenement) infered resources surges 119% to 989,000oz Au
- 28 July 2025 - 40,000 drill program commences at Didievi Gold Project
What are your key goals for the next 3, 6 and 12 months?
3 Months
Drilling results from the ongoing 40,000 m program at Didievi, plus exploration updates from Konahiri.
6 Months
Resource update at Blaffo Guetto, plus regional drilling results from Didievi and new drill results from Konahiri.
12 Months
One or two additional regional resources defined at Blaffo Guetto, bringing total tenure resources to over 2Moz.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
We recognise risks around permitting timelines, infrastructure access, exploration outcomes and market sentiment, all of which we actively manage through strong government and local relationships, proximity to established infrastructure, disciplined and phased exploration, transparent stakeholder engagement, and maintaining a robust funding position to weather market cycles.
What do you think makes your company such a compelling investment?
African Gold (ASX: A1G) is a high-grade West African gold explorer, backed by Montage Gold, with near-surface resources, strong share price growth, multiple near-term drilling catalysts, and clear development pathways via nearby operating mines and processing infrastructure.
What are the top 3 key investor takeaways?
- High-grade gold resource with exploration and resource upside located near established infrastructure in the premier West African jurisdiction.
- Well-funded and strategically backed by Montage Gold, a C$1.8B+ Côte d’Ivoire-focused gold developer.
- Significant near-term value upside driven by growth potential and strong development pathway.
