Cluff Gold, the west Africa-focused gold miner, says it has made a new discovery at its Yaoure Project in Cote d'Ivoire.
The near-surface find suggests there is gold mineralisation across an area of around 650m near a current Cluff Gold pit.
The firm has now increased the number of drill rigs on site from three to four.
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Peter Spivey, Chief Executive of Cluff Gold, commented: "These results reinforce our continued confidence in the Yaoure gold project. The location of the project, situated close to existing infrastructure, means that the cost base for development is much lower than other projects located in
West Africa.
"Yaoure is fast becoming a major component in delivering our stated strategy for becoming a mid-tier gold producer."
The market was certainly happy; Cluff shares were up 7% at 10:37.
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