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Taruga Gold Limited (ASX:TAR) MD Bernard Aylward is interviewed by ABN Newswire regarding the company activities in West Africa, including a recent investment by Sprott Inc, and a $3 Million Joint Venture with Resolute Mining Ltd (ASX:RSG).

Presentation Highlights:

Growth Strategy

- Identification and Acquisition Highly Prospective Landholding of Projects

- Joint Venture with Resolute Mining Ltd for 3 Cote d'Ivoire concessions (US$3M spend over 4 years to earn 75%)

- Identifying Additional Joint Venture opportunities to enhance shareholder value

- Project Portfolio with advanced projects in Mali with High Grade Drill Intersections and Extensive landholding in Cote d'Ivoire

Value Proposition

- Experienced Management and LocalExpertise - Ability to gain projects

- Completion of Joint Ventures and Assessment of Opportunities

- Fast moving to take advantage of opportunities

- Highly Experienced in the West African Gold Region

$1 Million Placement Completed

Announced $1M placement and SPP

- Sprott Inc. subscribed to $500,000 subject to shareholder approval

- Support from existing major shareholders

- New sophisticated investors entering register

Sprott Rationale

- Belief in West Africa as rich gold province

- Gold focused investment group

- Positive towards company due to our ground position, early stage exploration programs and Joint Venture agreements

- Acknowledge Exploration focus and activity with low corporate overheads

Resolute Joint Venture

- Expenditure of US$3 Million to earn 75% in 3 concessions

- Exploration activity commences

- geochemical sampling and geological mapping.

- In event of discovery, Taruga free carried through to completion of Feasibility