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Turaco Gold Limited (ASX:TCG)

ALERT: Price-sensitive ASX Announcement for TCG
Current share price for TCG : $0.830 0.235 (39.50%)+
Announcement
Release
23 Jul 2026 8:27AM
Price at Release
$0.595
Full Release
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Summary
Turaco Gold Limited has announced significant advancements in their Woulo Woulo drilling project, part of the 4.65Moz Afema Gold Project in Côte d’Ivoire. The recent deep drilling has confirmed a 250m vertical extension of the mineralization below the existing 1.7Moz Woulo Woulo JORC Mineral Resource Estimate (MRE), uncovering higher-grade gold. This enhancement suggests the potential for a substantial increase in the MRE, supporting the possibility of a larger pit design or underground mining. The drilling results include notable intersections such as 100m at 1.06g/t gold from 495m depth, with higher grades observed within these zones. Turaco Gold is confident in the growth potential of the Afema Project's resource estimates and continues to focus on expanding the deposit's mineralization and enhancing the project's economic viability.
Key Points
  • Woulo Woulo drilling confirmed a 250m depth extension
  • Higher-grade gold found below the existing resource
  • Potential increase in the 1.7Moz MRE
  • Drilling results include 100m at 1.06g/t gold from 495m
  • Possible larger pit design or underground mining
  • Part of the 4.65Moz Afema Gold Project
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.