ASX Announcement 12 November 2021 Directors John Fitzgerald...

ASX Announcement
12 November 2021



Directors
John Fitzgerald
Non-Executive Chair

Justin Tremain
Managing Director

Alan Campbell
Non-Executive Director

Bruce Mowat
Non-Executive Director

Susmit Shah
Company Secretary & CFO

Elliot Grant
Exploration Manager



Investment Highlights
Issued Capital 338.9m
Share Price 15.5 cents
Market Cap $52m
Cash (30 Sept 2021) $5.7m












Contact
Level 2, Suite 9
389 Oxford Street
Mount Hawthorn WA 6016
Phone: +61 8 9380 6062
Web: turacogold.com.au
@TuracoGold
Initial RC Drill Results at Nyangboue Gold Discovery,
Boundiali
Highlights
▪ Results received from initial 11 holes of 29 reverse circulation (RC) drilling drilled
at the Nyangboue gold discovery within the Boundiali Gold Project located in
northern Cote d’Ivoire
▪ Results include (refer Appendix One for full details):
o 9m @ 2.62g/t gold fr 17m (BDRC006)
o 17m @ 1.49g/t gold fr 116m within 35m @ 0.85g/t gold fr 103m (BDRC005)
o 6m @ 1.91g/t gold fr 59m and 8m @ 1.65g/t gold fr 84m (BDRC004)
o 6m @ 2.46g/t gold fr 61m (BDRC008)
o 3m @ 4.24g/t gold fr 48m (BDRC003)
o 9m @ 1.67g/t gold fr 46m (BDRC007)
▪ Mineralisation remains OPEN in all directions, along strike north and south, and
at depth (down dip and down northerly plunge)
▪ Assay results pending from a further 18 RC holes testing sub-parallel zones of
mineralisation and shallow strike extensions to the south
▪ Additional drilling planned at the Nyangboue prospect to comprise diamond
core and further RC drilling
▪ Results pending from 2,500m auger program completed across high tenor gold-
in-soil anomalies at the Bouake North prospect within the Eburnea Gold Project
in central Cote d’Ivoire (refer ASX announcement dated 2 August 2021)
▪ Maiden air core drilling (AC) program to commence within the week on the
Satama prospect within the Eburnea Gold Project where recent auger drilling
returned high-grade gold mineralisation over +2.5km including 9m @ 4.49g/t
gold (refer ASX announcement dated 13 October 2021)