Announcement Date: 2022-07-26
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Turaco Gold Ltd.
Project name: Eburnea
Location: Ivory Coast
Commodities: Gold
Highlight: Drilling results incl. 30m @ 1.92g/t Au from 94m
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 assay results from recently completed RC drilling at the Satama gold discovery within the eastern permit of the Eburnea Gold Project in central Côte d’Ivoire (refer Figure One and Five). The results confirm Satama as being a significant, multi-kilometre strike length greenfield gold discovery by Turaco which is expected to continue to grow. 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. Results from the RC drilling at Satama demonstrate a multi-kilometre strike length scale greenfield gold discovery, within a shear zone that remains completely open with untested subparallel shears which are coincidental to soil and auger gold anomalism.
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