Turaco Gold announces impressive drill results at Woulo Woulo

Turaco Gold Limited (ASX: $TCG) has announced new gold results from ongoing drilling at the Woulo Woulo deposit, part of the Afema Gold Project in southeast Cote d'Ivoire. The company has completed over 13,000 meters of drilling over the past 4 months, with results received from a further 23 drill holes, comprising 14 holes drilled along the main Woulo Woulo structure and 9 exploration holes testing adjacent anomalies.

Executive Commentary on Woulo Woulo Drill Results

Results from Woulo Woulo drilling continue to be impressive. This first phase ~ 10,000m drill program at Woulo Woulo is nearing completion, which will facilitate the release of a maiden JORC resource estimate in the coming weeks. We are also looking forward to commencing drilling on the recently granted exploration permits.

Summary of Turaco Gold's Woulo Woulo Drill Results

The drill results at Woulo Woulo demonstrate excellent continuity of very broad gold mineralisation, with increasing grade at depth. The company has completed over 13,000 meters of drilling, with exceptional metallurgical characteristics and a cash position of $18.3 million as of 30 June 2024. Turaco Gold is expecting to complete the first phase of JORC resource delineation drilling at Woulo Woulo in 2-3 weeks, with results to be incorporated into an Afema Project maiden JORC resource estimate. Additionally, drilling is set to commence on recently granted exploration permits in August/September 2024, indicating a proactive approach to exploration and resource expansion. The company's focus on delineating a maiden JORC mineral resource estimate at Woulo Woulo reflects its commitment to advancing its projects and delivering value to its stakeholders.