Announcement Date: 2021-12-06
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: Turaco Gold Ltd.
Project name: Eburnea
Location: Ivory Coast
Commodities: Gold
Highlight: Auger drilling returns over 25g/t Au
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 announce gold results from auger drilling undertaken across three gold-in-soil anomalies delineated at Bouake North within the Eburnea Gold Project in central Côte d’Ivoire. The results from the auger drilling at Bouake North have returned high-grade gold results of up to 25.2g/t gold from bottom of hole sampling. The auger drilling has confirmed the presence of in-situ mineralisation associated with previously reported gold-in-soil anomalies, along strike lengths of 1.3 to 1.6 kms. The Eburnea project covers two granted permits covering 690km2 (refer Figure One). The Bouake North permit is positioned on the Oume-Fetekro belt which hosts Endeavour Mining’s Fetekro gold development project approximately 35km to the north and Allied Gold’s Bonikro and Agbaou gold mines 200km to the south. The Satama permit covers a significant north-east trending shear splaying off the crustal scale Ouango-Fitini shear, which marks the margin of the Birimian Comoé basin.
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