Turaco Gold Ltd · ASX:TCG
Turaco Gold — Diggers and Dealers Mining Forum 2025
27 slides from Turaco Gold's conference presentation, Aug 4, 2025
Slide 1: ASX Announcement: Investor Presentation
ASX Announcement ASX: TCG | 4 August 2025 Investor Presentation Turaco Gold Limited’s (ASX | TCG) (‘Turaco’ or the ‘Company’) Managing Director, Justin Tremain will be presenting at the Diggers and Dealers Mining Forum on Monday, 4 August 2025. The Company’s investor presentation which will be prese
Slide 2: Afema Gold Project: Rapidly Growing 3.6 Million Ounce Gold Camp
Afema Gold Project Rapidly Growing 3.6 Million Ounce Gold Camp Cote d’Ivoire, West Africa August 2025 ASX: TCG TURACOGOLD.COM.AU This presentation has been approved for release to the ASX by the Board of Turaco Gold Ltd
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. The inform
Slide 4: Corporate Snapshot
Corporate Snapshot | ASX:TCG Share Price Market Capitalisation Shares on Issue1 A$0.43 A$450M 1,050M Cash2 Investments & Receivable3 Enterprise Value A$83M A$6M A$360M Shareholder Summary Board & Management (fully diluted) Approx. 7% Australian & Global Institutions Over 35% Sophisticated (+A$1M hol
Slide 5: Board | Proven Successful Track Record
Board | Proven Successful Track Record Justin Tremain John Fitzgerald Bruce Mowat Ian Kerr Managing Director Non-Exec Chair Non-Exec Director Non-Exec Director • Experienced resources • Highly experienced mining • +30 yrs of exploration • Engineer with +40 yrs in company director and executive finan
Slide 6: Management & Project Team | Strong West African Experience
Management & Project Team | Strong West African Experience Ben Larkin Rob Seed Elliot Grant Stuart Cruickshanks Ian Thomas Daouda Zombo (Zombo) Chief Financial Officer Chief Operating Officer Chief Geologist Study Manager Metallurgist Exploration Manager & Co Secretary • +15 yrs experience • Geologi
Slide 7: Rapid Progress of Turaco & the Afema Project to Continue
Rapid Progress of Turaco & the Afema Project to Continue August 2024 May 2025 Afema 2.52Moz Maiden JORC Resource 3.55Moz Updated JORC Resource Acquisition (<US$7/oz incl. acquisition) (<US$8/oz incl. exploration & corporate) April 2024 July 2024 November 2024 December 2024 Acquisition of initial Gra
Slide 8: The Right Address | The Country
The Right Address | The Country Cote d’Ivoire Without question, Cote d’Ivoire is a premier jurisdiction of West Africa • West African gold production more than doubled in past 10 years to 17Moz pa (Aust. 10Moz pa) • West African discovery scale & grade | 67Moz at 1.5g/t discovered in last 10yrs from
Slide 9: Afema Gold Project: World Class Terrain
Afema Gold Project World Class Terrain • Total project area >1,600km2 in southeast Cote d’Ivoire • Granted Mining Permit covering 227km2 • Three newly granted contiguous Exploration Permits covering 812km2 • Two additional exploration permit applications • Exploration Permits 12-years of tenure (Jun
Slide 10: The Right Address | Afema Project Location
The Right Address | Afema Project Location Convergence of World Class Gold Belts • Covers the extension and convergence of two of Ghana’s most prolific gold belts into southeast Cote d’Ivoire • Afema-Bibani-Chirano shear marking eastern margin of Sefwi belt (+35kms strike) • Asankragwa shear within
Slide 11: The Right Address | Afema Project Geology
The Right Address | Afema Project Geology 3.55Moz JORC Resource and Growing • 12 months from Turaco’s acquisition of Afema May 2025 Afema Project JORC 2012 Mineral Resource Estimate1 Deposit Tonnes Gold Grade Ounces • 40% growth on maiden JORC Resource in August 2024 Woulo Woulo (0.5g/t cut-off) 50.
Slide 12: Afema Shear: Multi Million Ounce Gold System
Afema Shear Multi Million Ounce Gold System • The Afema Shear is a multi-million ounce gold system • +35kms of the eastern margin of the extension of the Sefwi Gold Belt in Ghana - a truly worldclass gold belt • Multiple structures across a 2-3km width • Fifteen known drilled deposits along the Afem
Slide 13: Afema Shear | Jonction Deposit
Afema Shear | Jonction Deposit May 2025 Jonction JORC 2012 Mineral Resource Estimate1 Cut-Off Classification Tonnes Gold Grade Ounces Indicated 5.3Mt 2.1g/t 350,000 Open Pit Inferred 1.8Mt 1.4g/t 80,000 0.5g/t Total 7.0Mt 1.9g/t 430,000 Indicated 0.5Mt 2.8g/t 50,000 Underground Inferred 1.5Mt 2.6g/t
Slide 14: Jonction Cross Sections
Jonction Cross Sections NW SE Jonction Cross Section (looking northeast) Jonction Cross Section (looking northeast) TURACOGOLD.COM.AU 13
Slide 15: Afema Shear | Anuiri Deposit
Afema Shear | Anuiri Deposit May 2025 Anuiri JORC 2012 Mineral Resource Estimate1 Cut-Off Classification Tonnes Gold Grade Ounces Indicated 6.2Mt 1.7g/t 340,000 Open Pit 0.5g/t Inferred 2.5Mt 1.3g/t 110,000 Total 8.7Mt 1.6g/t 440,000 Indicated 0.1Mt 2.0g/t 10,000 Underground Inferred 0.9Mt 2.6g/t 70
Slide 16: Afema Shear | Asupiri Deposit
Afema Shear | Asupiri Deposit May 2025 Asupiri JORC 2012 Mineral Resource Estimate1 Cut-Off Classification Tonnes Gold Grade Ounces Indicated 3.7Mt 1.3g/t 150,000 Open Pit Inferred 17.4Mt 1.2g/t 670,000 0.5g/t Total 21.1Mt 1.2g/t 820,000 (figures may not add up due to appropriate rounding) • Immedia
Slide 17: Afema Shear Growth
Afema Shear Growth Further Resource Growth | Begnopan, Toilesso, etc. • IP survey along 8kms of Afema Shear strike highly effective in defining continuity of controlling structures between deposits • Toilesso and Toilesso West | evidence of further high-grade shoots to the north of Jonction (<2km) a
Slide 18: Woulo Woulo Deposit
Woulo Woulo Deposit Shallow Discovery Off the Afema Shear May 2025 Woulo Woulo JORC 2012 Mineral Resource Estimate1 • 5kms from Anuiri and 12kms from Jonction on a north-south Cut-Off Classification Tonnes Gold Grade Ounces splay off the Afema Shear Indicated 30.3Mt 0.9g/t 880,000 0.5g/t Inferred 20
Slide 19: Woulo Woulo Deposit: Consistent Grade, Bulk Width, Low Strip
Woulo Woulo Deposit Consistent Grade | Bulk Width | Low Strip • Typical results include1: • 105m @ 1.61g/t gold from 135m • 61m @ 1.64g/t gold from 124m • 75m @ 1.01g/t gold from 138m • 66m @ 1.58g/t gold from 48m • 82m @ 0.97g/t gold from 209m • 87m @ 1.04g/t gold from 138m • 59.5m @ 1.58g/t gold f
Slide 20: Woulo Woulo Growth
Woulo Woulo Growth Parallel Structures • Mineralised trends sub-parallel to the main Woulo Woulo trend • Outside 1.6Moz Woulo Woulo MRE • ‘Herman Trend’ | current and recent drilling over 1,200m mineralised strike ‘OPEN’ 1 • 6m @ 6.32g/t gold from 64m • 12m @ 1.50g/t gold from 51m • 15m @ 2.11g/t go
Slide 21: The Right Address | Discovery Potential
The Right Address | Discovery Potential • Severely underexplored outside the Afema Shear with several large anomalies in promising geological positions • Substantial portion of the project area is unsampled • Multiple undrilled, high tenor (+100ppb gold) anomalies, each extending over several kilome
Slide 22: Baffia Discovery
Baffia Discovery • Located 3kms to the northwest of Jonction • Geochemical anomaly covers an area of ~3.5 kilometres by ~2.5 kilometres • Maiden wide-spaced, shallow drilling returned broad hematite-chlorite- magnetite alteration with zones of gold mineralisation including1: • 32m @ 1.69g/t gold fro
Slide 23: Niamienlessa Shear
Niamienlessa Shear • Channel sampling and trenching returning 28m @ 3.06g/t gold, 12m @ 2.39g/t gold and 10m @ 2.21g/t gold1 • Extensive recent artisanal mining site exploiting ~50m wide saprolite zone of mineralisation with sampling of pit walls returning 36m @ 4.08g/t gold1 Niamienlessa SW • Miner
Slide 24: Peer West African Project Developers: Resource & Grade
Peer West African Project Developers Resource & Grade 2.5 Fastest growing undeveloped 2 gold project in West Africa ASX: A1G ASX: TCG 1.1Moz @ 2.0g/t ASX:PDI 3.6Moz @ 1.2g/t EV 5.5Moz @ 1.7g/t 1.5 EV A$95M (A$110/oz) A$360M (A$125/oz) Grade (g/t) EV A$1.0B (A$190/oz) One of only two pre-production W
Slide 25: Milestone & Objectives
Milestone & Objectives 3.55Moz JORC Mineral Resource estimate +40% growth on maiden MRE less than 12 months Discovery cost of <US$10/oz A$90M Resource Growth Tier One Management Well-funded with Update to MRE Q4 CY25 Mining jurisdiction track record Aggressive exploration A$83M cash and A$7M of West
Slide 26: ASX: TCG
ASX: TCG @TuracoGold /company/turaco-gold/
Slide 27: Appendix One | Peer Data
Appendix One | Peer Data Project, Tenure, Ownership and Enterprise Value Exploration Principal Government Mining Grid Market Cap Cash Debt Enterprise Value Ticker Exchange Company Country Stage Ownership Position Project Participation Permit Power (A$ M’s) (A$M’s) (A$ M’s) (A$ M’s) (km2) A1G ASX Afr