(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.