Announcement Date: 2022-03-21
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Turaco Gold Ltd.
Project name: Eburnea
Location: Ivory Coast
Commodities: Gold
Highlight: Drilling results incl. 29m @ 1.48g/t Au from 29m
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 further AC drilling results from the Satama gold discovery within the 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 Fetekro gold project to the north and Allied Gold’s 2.5Moz Bonikro and 1.0Moz Agbaou gold mines to the south (refer Figure One and Four). Turaco now has four drill rigs operating across the Company’s Eburnea and Boundiali Projects along with two auger rigs drilling at the Tongon North Project. Managing Director, Justin Tremain commented: “These additional assay results provide further confidence in Satama’s potential to evolve into a substantial new gold discovery. Satama’s scale is significant with 3km of strike and multiple sub-parallel gold trends identified, which appear to converge to the south. Drilling testing down to ~100m vertical depth is now underway with encouraging visuals in the first holes drilled into fresh rock.
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