Announcement Date: 2022-04-26
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Turaco Gold Ltd.
Project name: Eburnea
Location: Ivory Coast
Commodities: Gold
Highlight: Drilling results incl. 25m @ 1.79g/t Au from 101m
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 it has received assays results from the initial 15 RC holes drilled at the Satama gold discovery within the eastern permit of the Eburnea Gold Project in central Côte d’Ivoire. The RC program at Satama is ongoing with over 35 RC holes drilled to date and assays pending for a majority. 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 The Eburnea Project covers two granted permits covering 690km2 in central Côte d’Ivoire (refer Figure One). The Bouake North permit is positioned on the Oume-Fetekro belt which hosts the 2.5Moz Fetekro gold project approximately 35km to the north and the 2.5Moz Bonikro and 1.0Moz Agbaou gold mines 200km to the south. The Satama permit covers a significant northeast trending shear splaying off the crustal scale Ouango-Fitini shear, which marks the margin of the Birimian Comoé basin. Exploration continues to advance at the Eburnea Project with two drill rigs active, including a large RC rig at Satama drilling down to 100-120m vertical beneath recent AC drilling which defined gold mineralisation
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