Here's a summary of the key points from the document:
1. Turaco Gold Limited announced new drilling results from the Woulo Woulo deposit at the Afema Project in southeast Côte d'Ivoire.
2. Highlights from extension drilling include:
- 186m @ 1.65g/t gold from 263m (Hole 24WOUDD0198)
- 84m @ 1.73g/t gold from 280m (Hole 24WOUDD0193)
- 47m @ 1.06g/t gold from 155m (Hole 24WOUDD0185)
3. These results are not included in the recently announced maiden JORC Mineral Resource Estimate (MRE) of 2.52Moz gold for the Afema Project.
4. The new results demonstrate significant growth potential for the MRE, with higher grades at depth.
5. Woulo Woulo's current MRE is 1.25Moz gold (42.6Mt at 0.9g/t gold) at a 0.5g/t cut-off.
6. Metallurgical characteristics of Woulo Woulo are excellent, with 90-94% gold extraction from conventional cyanide leaching.
7. Drilling has commenced on recently granted exploration permits, with additional RC rigs expected to mobilize soon.
8. The Woulo Woulo deposit is located on a north-northeast trending splay off the main 'Afema Shear' and is characterized as a Paleoproterozoic mesothermal gold deposit within mineralized shear zones.
9. Further drilling is planned to improve confidence and extend the JORC Mineral Resource Estimate for the Woulo Woulo deposit.
10. The document includes detailed information on sampling techniques, data collection, and JORC Code reporting guidelines.
This announcement suggests significant potential for expanding the gold resource at the Woulo Woulo deposit, with high-grade intersections at depth not previously included in the resource estimate.
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