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Turaco Gold (ASX:TCG) identifies 5km mineralised trend at Tongon North, West Africa

ASX News, Materials
ASX:TCG      MCAP $164.5M
14 October 2022 17:24 (AEST)
Turaco Gold (ASX:TCG) -Managing Director, Justin Tremain

Source: Caspin Resources

Turaco Gold (TCG) has identified a “very high tenor” five kilometre-long mineralised trend, following auger drilling at it’s Tongon North gold project in Cote d’Ivoire, West Africa.

The company said the trend, which remains open, is now a “significant target” for follow up work.

Auger drilling returned multiple promising gold in saprolite results across continuous trends along the strike, with notable results including 27.1 grams per tonne (g/t) gold, 6.6 g/t and 4.3 g/t.

Aircore drilling across the Natoga target and adjacent P10 target has also now wrapped up, with 25-metre vertical drilling uncovering results including four metres at 3.34 g/t gold from 40 metres.

Eight metres at 1.89 g/t from 0 metres, 12 metres at 1.15 g/t from 0 metres were also found.

“Systematic exploration of the large contiguous 1540-square kilometre prospective ground position at Tongon North continues to generate large scale targets for drill testing,” Managing Director Justin Tremain said.

“Follow up work programs are being planned for the dry season.”

This follow up work will include trenching leading into drilling.

TCG shares were up 2.04 per cent to close at 5 cents each.

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