Slide 1: West African Gold Exploration
For personal use only WEST AFRICAN GOLD EXPLORATION Africa Down Under – August 2012 “Fast Running Exploration – A New West African Explorer” Bernard Aylward
Slide 2: Competent Person Statement & Disclaimer
For personal use only Competent Person Statement & Disclaimer The information contained in this presentation has been prepared by Taruga Gold Limited (Company). The information in this Presentation that relates to exploration results and geological information is compiled by Mr Bernard Aylward. Mr A
Slide 3: Why We Focus on West Africa
For personal use only Why We Focus on West Africa One of the world’s Pro-mining region with greatest gold regions strong legal system Leading discovery rate & development Highly experienced of new mines in last 15 years service providers Exploration focus in previously ? untested regions
Slide 4: Taruga Gold - West African Gold Exploration
For personal use only Taruga Gold - West African Gold Exploration Niger Cote d’Ivoire Ghana
Slide 5: Projects within Birimian Greenstone Belts
For personal use only Kossa Kossa Project Project Niger Burkina Faso Ducie Ducie Project Project Tortiya Tortiya Project Project Niger Cote Ghana d’Ivoire Cote d’Ivoire Mangkono Mangkono Project Project Ghana All Projects located within Birimian Greenstone Belts
Slide 6: Capital Structure
For personal use only Capital Structure Listed: February 7 2012 ASX Code: TAR IPO Raise: A$6.12M Shares on Issue: 85,616,000 Market Cap: A$9.8M Cash: A$4.5M Comparable Stock Market Capitalisation Enterprise Value Taruga Gold (ASX:TAR) $9.8million $4.3million Orbis Gold(ASX: OBS) $63 million $58 mill
Slide 7: Board and Management
For personal use only Board and Management Bernard Aylward BSc (Hons – Geol) Executive Chairman and Managing Director 20 years experience as Manager & Exploration Geologist across West Africa, Australia and Europe. Peter Newcomb FCA (ICAEW) CFO and Company Secretary Chartered Accountant with over 30
Slide 8: Niger
For personal use only Niger Pro-mining country with world class Uranium mining industry Recent democratic elections - 2011 ? Under-explored for gold mineralisation SEMAFO (TSX:SMF), capitalised at $ C$2.43b, developed & operated Samira Hill gold mine since 2004. Large Canadian explorers are aggressi
Slide 9: Kossa Project – Niger
For personal use only Kossa Project – Niger 970km2 granted licences developing gold district Kossa Kossa Project Project Very encouraging grade and width with 1km of strike to date Niger Broad, high-tenor Geochemical anomalies untested by drilling Adjacent to IAMGold’s 5Moz Essakane Gold Mine Cote d
Slide 10: Kossa Project – Niger
For personal use only Kossa Project – Niger Same geological sequence and Kossa Kossa Project Project Kossa Kossa Project Project structural setting as Essakane 970km 2 970km2 Granted Granted Licence Licence Kossa licence joins the Essakane regional project with high grade Niger results 20km Previous
Slide 11: Taruga Exploration
For personal use only Taruga Exploration Commenced major exploration program following listing in February 2012 Completed: 72 RC drill holes for 6,400m 366 Aircore drill holes for 13,634m 3,300 Auger sample locations Extensive exploration program planned to commence following wet season
Slide 12: Kossa – Borobon Trend
For personal use only Kossa – Borobon Trend Our first area for RC drilling: 10km strike length gold mineralised trend •Artisanal workings and high-grade surface geochemistry • Wide-spaced reconnaissance drilling highlighting gold mineralisation Multiple gold mineralised targets
Slide 13: Borobon Prospect
For personal use only Borobon Prospect An excellent start with the drilling by Orezone returning gold mineralisation with intersections including 14m at 3.79g/t gold in drill hole KSC033 and 13m at 2.43g/t gold in drill hole KSC032 Taruga’s first results highlight the continuity, parallel lodes and
Slide 14: Borobon Prospect - Section
For personal use only Borobon Prospect - Section
Slide 15: Kossa Prospect
For personal use only Kossa Prospect Located at the northern end of the Kossa-Borobon trend and contains multiple trends of artisanal workings with limited historic drill testing Taruga recently completed first-pass drill testing with excellent results including: 4m at 35.52g/t gold from 44m in dril
Slide 16: Kossa Prospect - Section
For personal use only Kossa Prospect - Section
Slide 17: Fatatako Prospect – RC drilling
For personal use only Fatatako Prospect – RC drilling Borobon Prospect Fatatako Prospect is located 10km to the south of the Kossa-Borobon trend. Taruga completed intital RC drilling, results 10km pending. At the Fatatako Prospect, gold mineralisation includes: Surface Sample (Au ppb) Black 8m at 3.
Slide 18: Kossa Project – Exploration Focus
For personal use only Kossa Project – Exploration Focus Follow-up RC drilling program at Borobon and Kossa Prospects Detailed auger geochemical sampling of sand covered areas continuing Aircore drilling infill and definition following receipt of results Detailed aeromagnetic survey of Project area t
Slide 19: Community Focus
For personal use only Community Focus Distribution of seed to villagers prior to rainy season - 20t to the 8 villages within our project area Taruga established regional base in local community and have become a major employer
Slide 20: Taruga Gold Limited - Summary
For personal use only Taruga Gold Limited - Summary Exciting West African Projects Extensive Gold Mineralisation at the Kossa Project – Niger Active Exploration Program Returning High-Grade Gold Intersections Well Funded and Supported to Continue Extensive Exploration New Discoveries in Proven Gold
Slide 21: For personal use only
For personal use only