Announcement Date: 2022-02-02
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Turaco Gold Ltd.
Project name: Eburnea
Location: Ivory Coast
Commodities: Gold
Highlight: Drilling results incl. 12m @ 3.8g/t Au from 24m
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 drilling results from first pass, reconnaissance style, reverse circulation (RC) and air core (AC) drilling at the recently defined Satama auger anomaly within eastern permit of the Eburnea Gold Project in central Côte d’Ivoire (refer Figure One). The Eburnea Gold Project is located between Endeavour Mining’s 2.5Moz Au Fetekro project to the north and Allied Gold’s 2.5Moz Au Bonikro and 1.0Moz Au Agbaou gold mines to the south 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 the 2.5Moz Au Fetekro gold project approximately 35km to the north and the 2.5Moz Au Bonikro and 1.0Moz Au 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. Turaco is drilling across both Satama and Bouake North with RC, AC and auger drilling ongoing, along with further soil geochemistry and a planned detailed airborne magnetic survey
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