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Turaco Gold Limited (ASX:TCG)

ALERT: Price-sensitive ASX Announcement for TCG
Current share price for TCG : $0.610 -0.195 (-24.22%)+
Announcement
Release
7 Jan 2026 9:51AM
Price at Release
$0.805
Full Release
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Summary
Turaco Gold Limited announced the latest drilling results from the Anuiri and Jonction Deposits within the Afema Gold Project in Côte d'Ivoire. The company has completed resource infill drilling as part of the Afema Project Pre-Feasibility Study (PFS), targeting the conversion of 'Inferred' resources to a higher confidence category and exploring down dip extensions at Anuiri. The drilling results confirmed previous resource models and are projected to slightly increase the Mineral Resource Estimate (MRE) for the Anuiri Deposit. Exploration is ongoing with drilling at multiple targets outside the current 4.1 million ounces MRE. The company is focused on updating the MRE to inform the PFS and is also conducting metallurgical test work.
Key Points
  • Mineralisation at both Anuiri and Jonction deposits remains open in all directions.
  • The MRE for Anuiri and Jonction will be updated as part of the ongoing PFS for the Afema Project.
  • Recent drilling results at Anuiri confirmed previous resource modeling and indicate modest MRE growth.
  • Exploration drilling continues at new targets including Adiopan, Baffia, Kotoka, and Affienou.
  • The Afema Project holds a current MRE of 4.1 million ounces of gold.
  • Drilling results are expected soon from the Adiopan prospect.
  • Metallurgical testwork is part of the PFS efforts.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.