Highly prospective Birimian greenstone terrain tenement package of 8,400km2, positioning Turaco as a leading Cote d’Ivoire gold explorer

 

Turaco’s exploration focus concentrates on the three most advanced and highly prospective projects in northern Cote d’Ivoire

 

Management has demonstrated exploration success with the discovery of the Bagoe (Antoinette) deposits by Exore Resources Ltd (acquired by Perseus in September 2020 for ~A$80m)

 
 
 
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ASX: TCG

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CURRENCY: AUD

About Turaco Gold Limited

Turaco Gold Limited (ASX:TCG) (formerly Manas Resources) is an ASX listed gold exploration company in Cote d’Ivoire with a highly prospective Birimian greenstone terrain tenement package of 8,400km2, positioning Turaco as a leading Cote d’Ivoire gold explorer.

Turaco’s exploration focus concentrates on its three most advanced and highly prospective projects in northern Cote d’Ivoire, an area where management has demonstrated exploration success with the discovery of the Bagoe (Antoinette) deposits by Exore Resources Ltd (acquired by Perseus in September 2020 for ~A$80m).

These three projects are:

Boundiali Gold Project (~572km2 granted | 89% interest)

  • Significant gold discovery within a +6km gold-in-soil anomaly
  • JORC Resource definition and step-out drilling at Boundiali to commence Q1 2022

Ferke Gold Project (300km2 granted | 89% interest in a earn-in agreement)

  • >16km gold trend identified referred to as the “Leraba Gold Trend”, with RC and DD drilling confirming a significant gold discovery at “Ouarigue South”

Tongon North Gold Project (granted 800km2 | 100% interest)

  • Strategic granted underexplored exploration position of 1,840km2 on the highly prospective Senoufo greenstone belt
  • Located 6km north of Barrick’s Tongon mine (~4.5Moz), ~27km south-east of Terranga Gold Corporation’s Wahgnion mine (~2.7Moz), 40km southeast of Perseus’ Sissingué mine (~1Moz) and 45km southeast of Resolute Mining Limited’s Syama mine (~11.5Moz)
  • Several large-scale gold-in-soils anomalies with only limited shallow AC drilling (14,315m) by Resolute with no RC/DD drilling

Other (89-100% interest | granted ~2,346km2 & application 2,957km2)

  • 5,303km2 landholding of prospective Birimian greenstone terrain with no historical drilling across 6 granted permits and 6 applications

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New significant Gold discovery - Satama for $TCG Initial Auger results extending over 4.5kms of strike incl. 9m @ 4.49g/t Au fr 1m; 5m @ 2.14g/t Au fr 6m; 8m @ 1.79g/t Au fr 2m; 1m @ 9.91g/t Au fr 9m and 5m @ 1.04g/t Au fr 5m #turacogold #gold #westafrica investi.com.au/api/announceme… pic.twitter.com/gVYmnXYqAJ

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