Turaco Gold (ASX:TCG) - Non Executive Chairman, John Fitzgerald
Non Executive Chairman, John Fitzgerald
Source: Medallion Metals
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Turaco Gold’s (TCG) recent drilling extended and defined new gold zones at the Boundiali project in northern Côte d’Ivoire
  • The company has completed a diamond core and air-core drilling program at the Nyangboue prospect
  • These latest assay results confirm extensions to previously drilled mineralisation at the prospect as well as a new parallel zone of mineralisation
  • Turaco said further drilling is continuing at Eburnea and Tongon, with over 7000 drill samples awaiting assay
  • On the market close, TCG shares are up 10.8 per cent and trading at 7.2 cents

Turaco Gold’s (TCG) recent drilling has extended and defined new gold zones at Boundiali project in northern Côte d’Ivoire.

The company have completed a diamond core and air-core drilling program at the Nyangboue prospect.

Results at the prospect include four metres at 8.34 grams per tonne (g/t) gold from 21 metres and 17 metres at 1.09g/t gold from 189 metres.

Further drilling to the north-northwest of the prospect has highlighted a new zone of gold mineralisation with a strike length of 400 metres which remains open.

Initial results from this drilling include 12 metres at 1.68g/t from 32 metres and 24 metres at 1.45g/t from 24 metres. Further assay results for 610 metres are currently pending.

Turaco said further drilling is continuing at Eburnea and Tongon, with over 7000 drill samples awaiting assay.

“These latest results demonstrate the potential to continue to extend mineralisation defined at the Nyangboue prospect, along strike, at depth and from new gold zones at surface,” Managing Director Justin Tremain said.

“Turaco currently has over 7000 samples at the laboratory from drilling across the
Eburnea and Tongon North Projects and drilling is ongoing.”

On the market close, TCG shares were up 10.8 per cent and trading at 7.2 cents.

TCG by the numbers
More From The Market Herald

" Dateline Resources (ASX:DTR) releases MRE for Colosseum project, California

Shares in Dateline Resources (ASX:DTR) have spiked in early trade after the company released a fresh…

" ResApp (ASX:RAP) receives FDA clearance for SleepCheckRx

ResApp (ASX:RAP) receives 510(k) clearance from the US Food and Drug Administration (FDA) for its at-home…

" Galileo Mining (ASX:GAL) raises $20.4m to expand drilling at Callisto

Galileo Mining (ASX:GAL) raises $20.4 million for the Callisto palladium-nickel discovery within the Norseman project in…
The Market Herald Video

" Strike Energy (ASX:STX) and Talon Energy (ASX:TPD) to commence flow testing at Walyering-6, WA

Joint venture (JV) partners Strike Energy (ASX:STX) and Talon Energy (ASX:TPD) are gearing up to begin…