Turaco (ASX:TCG) delivers ‘best to date’ at Eburnea Gold

Turaco Gold has returned up to 26m @ 4.82g/t of gold at the Satama gold discovery within the eastern permit of the Eburnea Gold Project in the central West African nation of Côte d’Ivoire.

Twelve RC holes reveal higher-grade plunging shoots and down-dip extensions to the previous drilling, with a high-grade plunging shoot defined at the northern area of the drill grid with hole STRC0095 returning the stellar grade from 35m.

Eburnea Gold Project Location and Geology

The outstanding STRC0095 hole was the best high-grade mineralisation, occurring parallel to the main drilled trend, which remains open to the south.

Other notable results include the following:

• 26m @ 4.82g/t gold from 35m (STRC0095)
• 14m @ 2.59g/t gold from 57m (STRC0088)
• 13m @ 1.99g/t gold from 111m (STRC0091)
• 18m @ 1.53g/t gold from 66m (STRC0094)
• 21m @ 1.33g/t gold from 65m (STRC0092)
• 9m @ 2.05g/t gold from 83m (STRC0096)

The Company is growingly confident in Satama being a significant, multi-kilometre strike-length greenfield gold discovery.

“Drilling at Satama continues to generate good results with this latest round of RC drilling delivering the best result to date at Satama with a +100 gram metre intersection of 26m @ 4.82g/t from 35m,” Managing Director Justin Tremain said.

“We look forward to receiving and reporting results from the reconnaissance, shallow auger drilling recently completed testing the western parallel structures which, if positive, would show substantial growth potential at Satama.

“Following a short break over the Christmas period, exploration activities have resumed with auger and soil geochemical sampling programs underway at the Odienne project in northwest Cote d’Ivoire.“

Price Action

The Company’s ASX-listed shares are 6.8c in morning trade.

About the Eburna Project

The Eburnea Project covers two granted permits covering 690km2 in central Côte d’Ivoire (refer Figure One). The Bouake North permit is positioned on the Oume-Fetekro belt, which hosts the 2.5Moz Fetekro gold project approximately 35km to the north and the 2.5Moz Bonikro and 1.0Moz Agbaou gold mines 200km to the south. The Satama permit covers a significant north-east trending shear splaying off the crustal-scale Ouango-Fitini shear, which marks the margin of the Birimian Comoé basin.

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