Turaco Gold Ltd · ASX:TCG
Turaco Gold — Investor Presentation (October 2021)
20 slides from Turaco Gold's investor presentation, October 2021
Slide 1: Leading Côte d'Ivoire Gold Explorer
Approved for release by the Board of Turaco Gold Ltd Leading Côte d’Ivoire Gold Explorer @TuracoGold 8,350km2 Landholding | Multiple Gold Discoveries ASX Code: TCG
Slide 2: Disclaimer & Cautionary Statement
Disclaimer & Cautionary Statement This Presentation has been prepared as a summary only and does not contain all information about Turaco Gold Limited's (“TCG”, “Turaco” or the “Company”) assets and liabilities, financial position and performance, profits and losses, prospects and rights and liabili
Slide 3: Investment Highlights
Investment Highlights • Large exploration package of ~8,350km2 highly prospective Birimian greenstones; • Focus is on four core projects: Northern Cote d’Ivoire o Boundiali Gold Project (89% JV with Predictive Discovery) | 20m @ 10.45g/t gold, 30m @ 8.30g/t gold o Ferke Gold Project (89% JV with Pre
Slide 4: Experienced Board and Management
Experienced Board and Management Justin Tremain John Fitzgerald Alan Campbell Bruce Mowat Elliot Grant Susmit Shah Managing Director Non-Exec Chair Non-Exec Director Non-Exec Director Exploration Manager Company Secretary Experienced company Experienced resource +30 years in global Resolute’s Genera
Slide 5: Turaco Gold Ltd (ASX:TCG) - Capital Structure
Turaco Gold Ltd (ASX:TCG) - Capital Structure “Multi-Rig Drilling Program” 337M A$47M (at 14c) Shares on Issue Market Cap Exploration Timetable A$6M A$38M Q4 CY2021 Q1 CY2022 Cash at Bank1 EV Boundiali ~70% 21M Drilling Top 50 Shareholders Options on Issue2 Ferke 1 30 September 2021 2 4M at 7.5c and
Slide 6: Côte d'Ivoire | Country Overview
Côte d’Ivoire | Country Overview • Political stability with strong economic performance • Extensive Birimian gold bearing rocks | ~34% of West Africa’s greenstone that host >60 +1Moz deposits • Proven jurisdiction for mine permitting and financing. Government and local community support for mining •
Slide 7: Projects | Birimian Craton - World Class Terrain
Projects | Birimian Craton - World Class Terrain • Resolute acquisition grows Turaco’s exploration position in Cote d’Ivoire to >8,350km2 • All projects located on prospective Birimian greenstone, proximal to major mines or discoveries • Four core projects o Boundiali Gold Project o Ferke Gold Proje
Slide 8: Northern Cote d'Ivoire | Immediate Drilling
Northern Cote d’Ivoire | Immediate Drilling Projects located on the prolific gold belts • Syama-Boundiali belt • Senoufo belt Boundiali • 572km2 grant position on the Boundiali belt • Prospective for World class discoveries • Geochem database, RC/DD drilling, aeromagnetics Ferke • 300km2 granted pos
Slide 9: Boundiali Gold Project
Boundiali Gold Project • Nyangboue - >6km strike length +50ppb gold anomaly in the NE corner of the permit. Strong coincident multi-element anomalism Boundiali RC drilling Aircore drilling • Nyangboue South - >2km strike length +50ppb gold anomaly ~6km south along strike from Nyangboue • Gbemou - >1
Slide 10: Boundiali South
Boundiali South Nyangboue Gold Discovery • Past drilling | predominantly limited to just 50m depth • Only a select few hole subsequently extended to ~100m • Extensive mineralisation in oxide which extends into the fresh rock • Results include1: o 20m @ 10.45g/t gold fr 38m o 30m @ 8.30g/t gold fr 39
Slide 11: Boundiali South
Boundiali South Large Gold System • Just 2km of the +6km gold-in-soil anomaly drilled within 12km structural trend • First pass shallow drilling immediately along strike to north returned 16m @ 3.3g/t gold • Southern strike extension surface geochemistry masked by laterite cover www.turacogold.com 1
Slide 12: Eburnea Gold Project
Eburnea Gold Project • 690km2 granted tenure with 90-100% ownership • multiple mineralised trends within the Eburnea project | Bouake North and Satama prospects • Along strike from Endeavour’s 2.5Moz Fetekro Project www.turacogold.com 12
Slide 13: Eburnea Gold Project
Eburnea Gold Project Satama Auger Discovery • Auger results highly significant both in terms of strike and tenor • Grades of up to 9.91g/t gold across 4.5km of strike • Drilling completed on 250m spaced traverses along 5km soil anomaly, results include1: o 9m @ 4.49g/t gold fr 1m o 5m @ 2.14g/t gold
Slide 14: Eburnea Gold Project
Eburnea Gold Project Bouake North Anomalies • Exceptional high grade gold geochemistry from soil sampling undertaken at the Eburnea Gold Project o Three >2km highly anomalous zones of +120ppb gold- in-soils defined o Peak values of up to 19.6g/t gold1 o Unsampled 4.5km area between the three anomali
Slide 15: Ferke Gold Project
Ferke Gold Project • Positioned at the intersection of major regional scale shear zones • Geochem program highlighted the >16km “Leraba Trend” through the centre of the permit • Trenching program highlighted the Ouarigué South prospect | subsequent RC drilling confirmed gold discovery • Detailed aer
Slide 16: Ferke Gold Project
Ferke Gold Project Ouarigue Gold Discovery • Ouarigue South discovery is hosted in a strongly altered and veined granitic intrusion which is not well constrained • RC/DD results from a 18 hole program include: o 25m @ 3.06g/t gold from 64m (EoH) o 14m @ 10.74g/t gold fr 33m o 45.3m @ 3.16g/t gold fr
Slide 17: Tongon North Gold Project
Tongon North Gold Project • 1,840km2 of the highly prospective Senufo greenstone belt • Senufo greenstone belt host Barrick’s 4.5Moz Tongon gold mine and Endeavour Mining’s (Teranga) 3.2Moz Wahgnion gold mine as well as Montage Gold’s recent 3.16Moz Kone gold discovery • Multiple large gold-in-soil
Slide 18: 8,350km2 of Birimian Craton | World Class Terrain
8,350km2 of Birimian Craton | World Class Terrain • Largest exploration position in Cote d’Ivoire ~8,350km2 • All projects located on prospective Birimian greenstone, proximal to major mines or discoveries • Most of the ground remains unexplored • Discovery potential outside of the four core project
Slide 19: Turaco Gold Ltd (ASX:TCG) | Investment Summary
Turaco Gold Ltd (ASX:TCG) | Investment Summary • Substantial ~8,350km2 strategic land position within arguably one of the best addresses in West Africa • Immediate drilling with multiple rigs operating o Boundiali | Two rigs drilling o Eburnea | Auger drilling underway o Ferke | Drill ready • Region
Slide 20: For further information, please contact
ASX Code: TCG For further information, please contact: Justin Tremain Turaco Gold Limited E: justin@turacogold.com.au Ph: +61 8 9380 6062 Fax: +61 8 9380 6761 Corporate Office Level 1, 50 Ord Street West Perth WA 6005 @TuracoGold