Turaco Gold Ltd · ASX:TCG
Turaco Gold — Investor Presentation (May 2023)
26 slides from Turaco Gold's investor presentation, May 11, 2023
Slide 1: Corporate Presentation (ASX Release)
11 May 2023 ASX RELEASE Corporate Presentation Turaco Gold Ltd is pleased to provide an updated corporate presentation. Approved for release by the Board. ACN 128 042 606 Level 1, 50 Ord Street, West Perth Western Australia 6005 AUSTRALIA T: +61 8 9480 0402 www.turacogold.com.au
Slide 2: Leading Côte d'Ivoire Gold Explorer
Leading Côte d’Ivoire Gold Explorer @TuracoGold 6,600km2 Exploration Position Turaco Gold May 2023 ASX Code: TCG
Slide 3: 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 4: Investment Highlights
Investment Highlights >6,600km2 highly prospective Multiple active gold projects: Birimian greenstones, located Central Cote d’Ivoire in northern and central Côte Eburnea Project d’Ivoire Northern Cote d’Ivoire Odienne Project Tongon North Project Boundiali Project Board & Management team with Activ
Slide 5: Corporate Snapshot
Corporate Snapshot 492.7M Shares on Issue1,2 A$25M (@ 5c)3 Justin Tremain John Fitzgerald Alan Campbell Bruce Mowat Elliot Grant Guillaume Brédillat Market Cap Managing Director Non-Exec Chair Non-Exec Director Non-Exec Director Chief Geologist Exploration Manager Experienced company Experienced res
Slide 6: Birimian Craton
Birimian Craton World Class Terrain • Largest exploration position in Cote d’Ivoire • All projects located on prospective Birimian greenstone, proximal to major mines or discoveries • Good infrastructure | High voltage powerlines and bitumen roads run through all project areas. Artisanal activity co
Slide 7: Eburnea Project
Eburnea Project New Gold Discovery - Satama • 690km2 granted tenure across two permits in central Cote d’Ivoire • Satama (100%) | located on the Ouango-Fini shear which represents the southern extension of the prolific Hounde Belt into Cote d’Ivoire o New +2km gold discovery within a 10km gold anoma
Slide 8: Eburnea Project: Large Mineralised System at Satama
Eburnea Project Large Mineralised System at Satama • Over 30,000m drilling since March 2022 following strong auger results on ‘eastern structure’ in early 2022 • IP geophysical survey completed subsequent to drilling covering just 4kms of the 10km gold-in-soil anomaly1 • Less than 50% of known prosp
Slide 9: Eburnea Project: Satama Discovery
Eburnea Project Satama Discovery • Gold mineralisation delineated in drilling over +2kms in strike across broad widths, with multiple trends • Mineralisation extends into fresh rock beneath +80m of oxide • Recent drill results include1: o 26m @ 4.82g/t gold fr 35m o 30m @ 1.92g/t gold fr 94m o 17m @
Slide 10: Eburnea Project: Maiden Drilling
Eburnea Project | Maiden Drilling A A’ Satama Delivers Discovery • Recent result of 26m @ 4.82g/t gold incl. 13m @ 6.57g/t and 8m @ 4.95g/t1 demonstrates potential for high grade, plunging shoots along the strike length • High-grade mineralisation remains open B B’ May2022 2023| |99 1 Refer ASX anno
Slide 11: Eburnea Project: Bouake North Stream Anomalies
Eburnea Project Bouake North Stream Anomalies • Only 5% of permit explored T4 T1 • Several additional targets being Bouake North generated Soil Anomaly • Stream sampling results T5 indicative of large scale discovery potential T3 • Soil sampling and mapping underway T7 Bouake North T6 T2 May 2023 |
Slide 12: Eburnea Project: Bouake North Soil Anomaly
Eburnea Project Bouake North Soil Anomaly • Large gold in soil anomaly over 7km by 4km • Systematic auger drilling defined several saprolite gold trends o Each auger anomaly over 1km in strike length • First pass, shallow drilling returned high grade results including 3m @ 35.79g/t gold from 40m1 •
Slide 13: Northern Cote d'Ivoire
Northern Cote d’Ivoire Boundiali | Tongon North | Ferke Projects Odienne Project • 758km2 position with +30km long gold anomaly • Unexplored region of Cote d’Ivoire Tongon North • ~1,540km2 consolidated position on the Senoufo Belt • Majority of greenstone between Barrick’s 4.5Moz Tongon mine and En
Slide 14: Odienne Project
Odienne Project • Two permits covering 758km2 (Odienne North and Odienne South) • Positioned on the Archean margin as an extension of the Siguiri basin in northwest Cote d’Ivoire • Unexplored region of Cote d’Ivoire with Newmont recently becoming active in the adjoining permits • Centamin’s 2.2Moz K
Slide 15: Odienne South
Odienne South • Initial phase of permit wide soil geochemistry identified 30km long gold anomaly1 • High resolution magnetics clearly show the anomaly straddles the Sassandra Fault along the Archean margin • Follow up infill soil geochemistry delineated 3 large- scale coherent high-tenor gold anomal
Slide 16: Odienne South
Odienne South • Maiden auger drilling defines +2 kilometre saprolite anomaly on central gold anomaly • Up to 6.35g/t gold in saprolite from bottom of hole sampling1 • Other gold anomalies remain untested 1 Refer ASX announcement dated 8 May 2023 May 2023 | 15
Slide 17: Tongon North Project
Tongon North Project • Located between Barrick’s 4.5Moz Tongon gold mine and Endeavour’s 3.2Moz Wahgnion gold mine • Multiple large gold-in-soil anomalies which have seen very limited historical reconnaissance drilling • Systematic exploration ongoing (auger, trenching and aircore drilling) May2022
Slide 18: Tongon North Project: Natoga & P10 Prospects
Tongon North Project Natoga & P10 Prospects • Structurally complex zone along margin of a major intrusive contact • Gold anomalies supported by multi-element anomalies • Multiple high-grade saprolite auger anomalies, each extending for over 1km in strike • Untested auger results of up to 27.1g/t, 11
Slide 19: 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 20: Ferke Gold Project: Ouarigué Gold Discovery
Ferke Gold Project Ouarigué Gold Discovery • Ouarigué 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 include1: o 25m @ 3.06g/t gold from 64m (EoH) o 14m @ 10.74g/t gold fr 33m o 45.3m @ 3.16g/t gold f
Slide 21: Boundiali Project
Boundiali Project • Nyangboue - >6km strike length +50ppb gold anomaly in the NE corner of the permit. Strong coincident multi-element anomalism. • Gbemou - >1.5km strike length discrete +50ppb gold anomaly in the NE of the permit Majority of drilling to date has been limited to just the southern 1k
Slide 22: Boundiali Project: Nyangboue Gold Discovery
Boundiali Project Nyangboue Gold Discovery • Majority of drilling limited to just 50m depth • Select few holes extended to 100-120m vertical confirming mineralisation extending into the fresh rock • Over 900m of drilled strike with results including1: o 20m @ 10.45g/t Au fr 38m o 30m @ 8.30g/t Au fr
Slide 23: Overview
Overview Timetable Largest exploration position in Cote d’Ivoire with >6,600km2 strategic land position on prolific Birimian greenstone belts in West Africa Large-scale drill targets | Discovery at Satama in less than 12 months of ownership Management team with proven success in Cote d’Ivoire
Slide 24: turacogold.com.au @TuracoGold Turaco Gold
Justin Tremain e: justin@turacogold.com.au ASX Code: TCG turacogold.com.au @TuracoGold Turaco Gold
Slide 25: Turaco is committed to undertake its business ethically
Turaco is committed to undertake its business ethically with integrity and transparency, respecting the laws and culture Turaco is committed to developing a in which we operate and have in transparent open and trust-based place corporate governance and relationship with the communities in risk manag
Slide 26: Cote d'Ivoire Country Overview
Cote 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 • Underexplored with World-class discovery potential • Proven jurisdiction for mine permitting and financing •