Famien Resources Limited has expanded its net land position in Côte d'Ivoire by 871 square kilometres while returning encouraging reverse circulation drill results from the Gogo permit.

The land expansion includes the grant of the 376-square-kilometre Korhogo exploration permit, the acquisition of three permit applications covering 757 square kilometres in the Ferkessedougou area, and the surrender of one lower-priority permit. The Ferkessedougou package is subject to a withdrawal agreement requiring staged payments of up to US$300,000 over 12 to 20 months, alongside a 2% net smelter return royalty where half can be purchased for US$5m.

At the Gogo project, reverse circulation drilling tested the north target of the Bonougbara Trend, confirming gold mineralisation down-dip of artisanal workings over a 400-metre strike length. Better intercepts included hole GOERC0006 returning 8 metres at 0.94 grams per tonne gold from 94 metres, including 4 metres at 1.69 grams per tonne, plus 6 metres at 1.29 grams per tonne from 108 metres, including 2 metres at 2.81 grams per tonne. Hole GOERC0016 intersected 4 metres at 2.44 grams per tonne gold from 54 metres, including 2 metres at 4.02 grams per tonne.

Prior exploration at Gogo included detailed soil sampling in late 2025 that outlined gold anomalies along the five-kilometre-long Bonougbara Trend, followed by maiden reverse circulation drilling in May 2026. Managing Director Paul Roberts previously led the discovery of the 5.5-million-ounce Bankan deposit at Predictive Discovery.

“Our ongoing RC drilling on the Bonougbara Trend has obtained encouraging gold intercepts on less than 20% of the known gold-anomalous trend, which has the hallmarks of a large gold mineralised system. Plainly, there is a lot more work to be done here and we look forward to undertaking a larger RC program when we return to Gogo in a few months' time after following up on our highly encouraging AC drill results at Kalama Bave in the Tougbo permit.”

— Paul Roberts, Managing Director

Reconnaissance stream sediment sampling at the Toumodi permit generated a 28-square-kilometre target area for follow-up soil sampling. Follow-up reverse circulation drilling on the Bonougbara Trend is planned after completing the Tougbo permit aircore and reverse circulation programs.

Read the full announcement: Cote d'Ivoire Tenure Expands, Exploration Advances Targets