Odienne Project

(held in Turaco-Predictive JV in joint venture with GIV)

(refer to ASX aanouncement dated 21 May 2021)

The Odienne Project, comprises three granted exploration permits, one held 100% by Turaco and two others held by the Turaco-Predictive JV in joint venture with GIV. The project covers a total area of 1,085km2 and provides Turaco with a dominant land position in an emerging area of exploration focus. Geologically, the project area lies on the regional scale Sassandra fault which forms the partition between the Archean Kenema Man domain and the Proterozoic Baoule-Mossi Domain.

Despite hosting comparable stratigraphy to Guinea’s Siguiri basin the Odienne region remains largely unexplored, though recent exploration success includes Centamin Mining’s 1.2Moz Kona gold discovery which is located along strike to the south.

The permits were only granted during the 2020 year and very little exploration work has been undertaken to date.

Turaco will undertake grass roots stream sediment and soil sampling over the entire project area.

Project Locations

Beriaboukro Gold Project

(to be held in Turaco-Predictive JV in joint venture with GIV)

(refer to ASX aanouncement dated 21 May 2021)

The 400km2 Beriaboukro Gold Project is located on the Oume-Fetekro belt, one of Cote d’Ivoire’s most productive greenstone belt, host to Allied Gold’s 2.5Moz Bonikro and 1.0Moz Agbaou gold operations and Endeavour’s 2.5Moz Fetekro gold project. The Beriaboukro exploration permit is currently under a renewal process.

Molonou Gold Project

(to be held 100% by Turaco)

The Molonou Gold Project covers 391km2 located north-east of Perseus’ Yaoure gold operation. Very little exploration has been undertaken at Molonou with only a stream sediment sampling program and two small phases of soil sampling undertaken of ~700 samples.