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 (TCG) strikes up to 36 grams per tonne (g/t) gold through drilling at the Bouake North prospect within the Eburnea project in central Côte d’Ivoire
  • Drilling has tested two of six known in-situ anomalies located within a large gold-in-soil anomaly
  • Specific results include three metres at 35.79 g/t gold from 40 metres, 12 metres at 1.38 g/t gold from eight metres and four metres at 3.07 g/t gold from three metres
  • Assays are pending from the Eburnea project as well as from the Tongon North project where a 10,000-metre drilling program was completed
  • TCG shares end the day 3.51 per cent in the green to close at 5.9 cents

Turaco Gold (TCG) has announced initial gold results from a maiden drilling program at the Bouake North prospect within the Eburnea project in central Côte d’Ivoire.

The reconnaissance drilling effort has tested two of six in-situ anomalies which were identified through previous auger drilling completed over a seven-kilometre by four-kilometre gold-in-soil anomaly.

So far, drilling has tested two of these targets with a best result of three metres at 35.79 grams per tonne (g/t) gold from 40 metres.

Additional results include seven metres at 1.82 g/t gold from surface including four metres at 3.07 g/t gold from three metres, two metres at 5.97 g/t gold from 17 metres and 12 metres at 1.38 g/t gold from eight metres.

“We have delineated widespread gold anomalism at Bouake North and are pleased that first-pass shallow drilling has confirmed the high-grade gold potential of the prospect,” Managing Director Justin Tremain said.

The company is waiting on assays from the Bouake North prospect where further auger, trenching and geochemistry is planned.

Turaco Gold has also undertaken drilling and survey work at the nearby Satama discovery and completed a 10,000-metre aircore program at the Natoga prospect which is part of its Tongon North project.

In total, the company as over 7000 assay samples pending from the Eburnea and Tongon North projects.

TCG shares have ended the day 3.51 per cent in the green to close at 5.9 cents.

TCG by the numbers
More From The Market Herald
MetalsGrove Mining (ASX:MGA) - Managing Director, Sean Sivasamy

" MetalsGrove Mining (ASX:MGA) begins soil sampling at Upper Coondina

MetalsGrove Mining (ASX:MGA) has begun a soil sampling program at its Upper Coondina lithium project in…
Bellavista Resources (ASX:BVR) - Non Executive Chairman, Mel Ashton

" Bellavista Resources (ASX:BVR) commissions second rig for Brumby, WA

Bellavista Resources (ASX:BVR) has commissioned a second rig to begin drilling at its Brumby zinc-silver-copper project…

" Sky Metals (ASX:SKY) encounters further tin mineralisation at Tallebung, NSW

Sky Metals (ASX:SKY) has reported further tin mineralisation at its Tallebung tin project in New South…
Spectur (ASX:SP3) - Managing Director, Gerard Dyson

" Spectur (ASX:SP3) raises $1.15m in SPP

Spectur (ASX:SP3) has raised $1.15 million through a security purchase plan (SPP) and shortfall offer.