Abujar is forecast to produce more than 260,000 ounces of gold in its first year and 1.2 million ounces of gold in the six years of production operations. Assay results from 61 further drill holes totalling 9,329 metres were pending. Tietto said its six diamond drill rigs were continuing to drill and the project's next resource update was due at the end of the current quarter. The company said it was fully funded to production start-up at Abujar following settlement of the second tranche of a recent $85 million capital raise.