Waraba Gold Limited (CSE: WBGD) has announced first trench channel-sampling results from the Fetiko target on its Tengrela Gold Project in northern Côte d'Ivoire, confirming in-situ gold mineralisation in weathered bedrock. Continuous channel sampling returned 6.60 metres at 1.16 g/t Au from 10.20 metres, while a 297-hole auger programme has defined a coherent gold-in-saprolite corridor extending approximately 1.9 kilometres. The company states that a maiden reverse circulation drill programme is now being designed — the first drilling the company has undertaken at Tengrela — a milestone investors may be watching closely.

Key Points

  • Waraba Gold Limited (CSE: WBGD, FSE: ZE00, OTC Pink: WARAF)
  • Trench TGTR-FT-001-EX at Fetiko returned 6.60 m at 1.16 g/t Au from 10.20 m, confirming in-situ gold mineralisation in saprolite
  • 297 auger holes completed for 3,656 m; gold anomalism defined over approximately 1.9 km on a 020°–025° trend; maximum value 376 ppb Au
  • Maiden reverse circulation drill programme being designed; remaining 148 auger holes scheduled to resume in October 2026

Fetiko Trench Results Confirm Gold Mineralisation in Weathered Bedrock

Continuous channel sampling of trench TGTR-FT-001-EX confirmed in-situ gold mineralisation in saprolite at Fetiko, returning 6.60 metres at 1.16 g/t Au from 10.20 metres, with a peak single channel sample of 3.15 g/t Au over 1.80 metres. Two narrower intervals — 1.40 m at 0.30 g/t Au and 1.00 m at 1.10 g/t Au — indicate more than one gold-bearing structure. Selective grab samples of quartz vein material returned values up to 13.8 g/t Au; the release notes these are selective by nature and not representative of structure width or grade. True widths are not yet known, and the dip of the mineralised structure has not been established.

Auger Programme Defines a 1.9 km Gold-in-Saprolite Corridor at Fetiko

The 297-hole auger programme, completed for 3,656 metres, delineated a coherent zone of anomalous gold in saprolite extending approximately 1.9 kilometres along a north-north-east trend of 020° to 025°, developed on six consecutive traverse lines spaced 400 metres apart. Gold values ranged from below the 1 ppb detection limit to a maximum of 376 ppb Au, with a mean of 9.8 ppb and a median of 4 ppb. The release notes that the anomalous zone is coincident with a structural corridor expressed in the company's magnetic imagery and with pervasive sericitization and carbonate alteration mapped at surface. Continuity between traverses at 400-metre spacing remains an interpretation.

Maiden Drill Programme Planned as Waraba Advances Tengrela Exploration

The release states that infill auger drilling on a 200-metre by 25-metre pattern and a first-pass reverse circulation programme are being designed over the anomalous zone. This would represent the first reverse circulation or diamond drilling undertaken by the company at Tengrela. The remaining 148 auger holes of the planned 445-hole programme are scheduled to resume in October 2026 upon completion of the rainy season. The Tengrela permit covers approximately 399 km² in northern Côte d'Ivoire, situated within the Birimian-aged Boundiali greenstone belt. Fetiko is identified as one of three highest-ranked targets on the permit.