Turaco Gold announces further excellent step-out drilling results

Turaco Gold Limited (ASX:TCG) has announced further excellent step-out drilling results from the Woulo Woulo deposit located within the Afema Project in southeast Cote d'Ivoire. The results confirm substantial growth to the Woulo Woulo deposit at higher grades, with significant extensions to the maiden JORC Mineral Resource Estimate ('MRE').

Executive Commentary

These excellent results continue from recently announced extensional drilling at Woulo Woulo and continue to show higher grades across broad +50m widths at depth beyond the limits of the current Woulo Woulo MRE. The results confirm resource growth at Woulo Woulo, at higher grades. Drilling at the Afema Project is ongoing as we begin to test high priority exploration targets to make new discoveries within a ~ 10km radius of the current 2.52Moz MRE.

Summary

Turaco Gold Limited (ASX:TCG) has announced further excellent step-out drilling results from the Woulo Woulo deposit, confirming substantial growth to the deposit at higher grades. The results demonstrate significant extensions to the maiden JORC Mineral Resource Estimate ('MRE') and confirm resource growth at Woulo Woulo. The company's ongoing drilling activities aim to test high priority exploration targets to make new discoveries within a ~ 10km radius of the current 2.52Moz MRE. Turaco Gold's ambitions include substantial growth to the MRE and at higher grades, with metallurgical characteristics of Woulo Woulo showing excellent gold extraction rates from conventional cyanide leaching. The company's exploration drilling is also underway at 'Herman Mine' trend parallel and 700m west of Woulo Woulo, and at the Jonction deposit, with RC drilling set to commence at Nianemlessa trend in the next two weeks.