Turaco Gold Ltd · ASX:TCG
Turaco Gold — 121 Mining Investment Cape Town 2022
21 slides from Turaco Gold's conference presentation, May 9, 2022
Slide 1: Corporate Presentation
9 May 2022 ASX R E L E A SE Corporate Presentation Turaco Gold Ltd is pleased to provide an updated corporate presentation. Approved for release by the Board ACN 128 042 606 Level 2, Suite 9, 389 Oxford Street, Mt Hawthorn Western Australia 6016 AUSTRALIA T: +61 8 9380 6062 www.turacogold.com.au
Slide 2: Leading Côte d'Ivoire Gold Explorer
Leading Côte d’Ivoire Gold Explorer @TuracoGold Multiple Emerging Gold Discoveries Across an 8,350km2 Landholding Turaco Gold 121 Mining Investment Cape Town - May 2022 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 ~8,350km2 highly prospective Three active gold projects: Birimian greenstones, located in Northern Cote d’Ivoire northern and central Côte d’Ivoire Boundiali Project Tongon North Project Central Cote d’Ivoire Eburnea Project Board & Management team with proven track record in d
Slide 5: Experienced Board and Management
Experienced Board and Management Justin Tremain John Fitzgerald Alan Campbell Bruce Mowat Elliot Grant Guillaume Brédillat Susmit Shah Managing Director Non-Exec Chair Non-Exec Director Non-Exec Director Chief Geologist Exploration Manager Company Secretary Experienced company Experienced resource +
Slide 6: Corporate Snapshot
Corporate Snapshot 427.7M A$38M (at 9c) 0.18 Shares on Issue Market Cap ~A$12M A$26M 0.16 Cash at Bank1 Enterprise Value 0.14 >70% 14.8M Options2 Top 50 Shareholders 27.1M Perf. Rights3 Share Price A$ 0.12 A$10M Equity Institutional Placement Other Holders 21% 29% 0.1 Board & Completion of Commencem
Slide 7: Birimian Craton
Birimian Craton World Class Terrain • Exploration position in Cote d’Ivoire of ~8,350km2 | largest ground holding in country • All projects located on prospective Birimian greenstone, proximal to major mines or discoveries • High voltage powerlines and bitumen roads run through all project areas. Ar
Slide 8: Northern Cote d'Ivoire
Northern Cote d’Ivoire Boundiali | Tongon North | Ferke Projects Positioned on proven fertile gold belts • Syama-Boundiali Belt (Syama, Tabakoroni, Sissingue, Kone) • Senoufo Belt (Tongon, Wahgnion) Boundiali • 572km2 granted position where the Boundiali Belt converges with the Senoufo Belt • Prospe
Slide 9: Boundiali Project
Boundiali Project • Nyangboue - >6km strike length +50ppb gold anomaly in the NE corner of the permit. Strong coincident multi-element anomalism. Drill results incl: o 30m @ 8.30g/t Au fr 39m o 14m @ 5.51g/t Au fr 32m o 28m @ 4.04g/t Au fr o 9m @ 7.90g/t Au fr 99m Drilling Underway • Gbemou - >1.5km
Slide 10: Boundiali Project
Boundiali Project Nyangboue Gold Discovery • Majority of drilling limited to just 50m depth • Select few holes extended to 100-120m vertical • Mineralisation extends into the fresh rock • Select results include1: 20m @ 10.45g/t Au fr 38m 30m @ 8.30g/t Au fr 39m 20m @ 1.97g/t Au fr 0m & 14m @ 5
Slide 11: Tongon North Project
Tongon North Project • 1,540km2 of the highly prospective Senufo greenstone belt • 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 • Maiden AC drilling
Slide 12: Tongon North Project
Tongon North Project Natoga Prospect • 5km northeast striking gold anomaly supported by multi-element anomaly • Auger drilling has defined four saprolite auger anomalies • Up to 11.0g/t, 10.2g/t, 3.9g/t gold in auger drilling at Natoga Prospect1 • +1km strike and over 100m in width • Single trench r
Slide 13: Eburnea Project
Eburnea Project Two Drill Rigs Operating • 690km2 granted tenure across two permits in central Cote d’Ivoire • Bouake North | located on the Oume-Fetekro belt • Along strike from Endeavour’s 2.5Moz Fetekro Project • Satama | located on the Ouango-Fini shear which represents the southern extension of
Slide 14: Eburnea Project
Eburnea Project Satama • Gold mineralisation delineated in drilling over +3kms in strike across a width of up to 600m with multiple trends • Mineralisation extends into fresh rock beneath ~80m of oxide • Initial drill results from 250m spaced drilling include1: o 25m @ 1.79g/t gold fr 101m o 12m @ 3
Slide 15: Eburnea Project
Eburnea Project Bouake North Anomalies • Large gold in soil anomaly over 7km by 4km • Systematic auger drilling defined several in-situ saprolite gold trends o Each auger anomaly over 1km in strike length o Up to 500m wide o Peak values of up to 19.6g/t, 2.90g/t, 2.16g/t gold1 • Maiden drill program
Slide 16: Overview | Timetable
Overview | Timetable • Largest exploration position in Cote d’Ivoire with ~8,350km2 strategic land position on prolific Birimian greenstone belts in West Africa • Large-scale drill targets | Major gold discovery potential • ~A$12 million of cash to fund ongoing drilling • Management team with proven
Slide 17: Corporate, People & Culture, Community & Social, Environment
Corporate People & Culture Community & Social Environment Investment Turaco is committed to Turaco is committed to our Turaco is committed to Turaco is committed to undertake its business people, providing a safe work developing a transparent open protecting the environment ethically with integrity
Slide 18: turacogold.com.au @TuracoGold Turaco Gold
Justin Tremain E: justin@turacogold.com.au ASX Code: TCG turacogold.com.au @TuracoGold Turaco Gold
Slide 19: 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 • Underexplored with World-class discovery potential • Proven jurisdiction for mine permitting and financing
Slide 20: 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 21: 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 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