Santa Fe Minerals Ltd has intersected gold mineralisation in 14 of the 16 holes completed during a drilling program at the Satama Gold Prospect, part of the Eburnea Gold Project in Côte d’Ivoire.

The drilling program totaled 3,705.5 metres across 16 holes, comprising 150 metres of reverse circulation drilling across one hole and five pre-collars, alongside 3,027.8 metres of diamond drilling across 16 holes. Assay results confirm that gold mineralisation extends over a 2.5-kilometre strike length and continues at depth into fresh bedrock.

Notable intercepts from the program include 10 metres at 1.53 g/t gold from 261 metres in hole SFRD0006, 6.2 metres at 1.43 g/t gold from 119.3 metres in hole SFDD0008, 15 metres at 0.97 g/t gold from 143.1 metres in hole SFDD0009, and 11 metres at 1.18 g/t gold from 153 metres in hole SFDD0002. An additional intercept returned 3 metres at 4.41 g/t gold from 105 metres in hole SFRD0003.

Mineralisation in fresh rock is hosted within a folded meta-sandstone and shale sequence, associated with quartz-carbonate stockwork veining and disseminated to patchy sulphides including pyrite, arsenopyrite, and chalcopyrite.

Operations were affected by an engine failure on the reverse circulation drill rig mid-program, leaving only the diamond drill rig available. The disruption prevented the completion of the original 33-hole reverse circulation plan. Santa Fe is currently assessing drilling options to complete the un-drilled reverse circulation holes and execute an expanded program supporting step-out drilling.

The 168.7-square-kilometre Satama permit is 100%-owned by Santa Fe following its acquisition of the Eburnea project from Turaco Gold Limited in September 2025. Regional exploration activity across the district includes Montage Gold Corp.'s drilling at the Bobosso target within its Wendé property, where recent results included 8.0 metres at 8.06 g/t gold from 134 metres.

Read the full announcement: Satama Gold Prospect - Drilling Update