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- Turaco Gold (TCG) receives results from its recently completed auger drilling program at the Bouake North prospect in Côte d’Ivoire
- Around 2600 metres of aircore drilling was completed at Bouake North across three high tenor gold-in-soil anomalies identified via recent surface sampling programs
- Multiple holes intersected more than 100 parts per billion (ppb) gold with grades peaking at 25.2 grams of gold per tonne (g/t)
- Turaco will follow up the soil anomalism with further auger drilling and the company is also in the process of planning a reverse circulation drilling program
- Turaco ends the day 4.17 per cent in the red with shares trading at 11.5 cents
Turaco Gold (TCG) has received results from its recently completed auger drilling program at the Bouake North prospect in Côte d’Ivoire.
The Bouake North permit lies within the Eburnea Project which consists of two granted exploration permits that cover a combined area of 690 square kilometres.
Around 2600 metres of aircore drilling was completed at Bouake North across three high tenor gold-in-soil anomalies identified via recent surface sampling programs.
The holes were drilled to depths ranging from three to 10 metres with a bottom of hole sample taken for assay.
Multiple holes intersected more than 100 parts per billion (ppb) gold with grades peaking at 25.2 grams of gold per tonne (g/t).
These results define a number of subparallel, north-south striking gold trends that extend between 1.3 to 1.6 kilometres in length and remain open.
Managing Director Justin Tremain commented on the results.
“The Eburnea Gold Project is an exciting emerging project for Turaco with shallow auger drilling at Bouake North now defining a second large scale auger anomaly within the project area,” Mr Tremain said.
“Reverse circulation and aircore drilling is underway at the Satama prospect and will continue up to late December before a short break, with drilling to resume at the Bouake North prospect in early January to follow up these exceptional new auger results.”
Turaco will follow up the soil anomalism with further auger drilling and the company is also in the process of planning a reverse circulation drilling program.
Turaco has ended the day 4.17 per cent in the red with shares trading at 11.5 cents in a $49.02 million market cap.
