Announcement Date: 2021-11-12
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Turaco Gold Ltd.
Project name: Boundiali
Location: Ivory Coast
Commodities: Gold
Highlight: Drilling results incl. 35m @ 0.85g/t Au from 103m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Turaco Gold Limited (ASX | TCG) (‘Turaco’ or the ‘Company’) is pleased to report the results from the initial 11 RC holes drilled at the Nyangboue gold discovery within the Boundiali Gold Project (Turaco 89% interest) in northern Cote d’Ivoire. Results are pending from a further eighteen (18) RC holes completed at Nyangboue. The results represent the first phase of systematic infill drilling undertaken to better resolve the orientation and extent of higher-grade gold mineralisation at Nyangboue and advance the discovery towards JORC resource modelling. Results received confirm the extension of mineralisation at depth into fresh rock and improve confidence in the continuity of gold mineralisation. Managing Director, Justin Tremain commented: “Results from the initial holes drilled at Nyangboue provide further confirmation of a significant gold discovery at Nyangboue with high-grade zones both in the oxide and fresh rock within very broad (+100m @ >0.5g/t) zones of low-grade gold mineralisation. We look forward to reporting further results for remaining RC holes which have been submitted to for assay. We will undertake further drilling at Nyangboue including diamond drilling
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