Turaco Gold Ltd · ASX:TCG
Turaco Gold — Diggers and Dealers 2024
18 slides from Turaco Gold's conference presentation, August 2024
Slide 1: Afema Gold Project: Emerging Multi Million Ounce Gold Project
Afema Gold Project Emerging Multi Million Ounce Gold Project Cote d’Ivoire Diggers and Dealers | August 2024 This presentation has been approved for release to the ASX by the Board of Turaco Gold Ltd Page 1 turacogold.com.au
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: Corporate Snapshot | ASX:TCG
Corporate Snapshot | ASX:TCG Share Price (2 Aug 24) Shares on Issue $0.22 750M Top 100 Management Endeavour Mining Plc 7% 6% Institutional 18% Market Capitalisation Investments & Receivable1 Shareholders High Net Worth (>$500k) 45% >80% Other 24% A$165M A$5M Cash (30 Jun 24) Enterprise Value A$18M A
Slide 4: Board and Management
Board and Management Justin Tremain John Fitzgerald Alan Campbell Bruce Mowat Rob Seed Elliot Grant Daouda Zombo (Zombo) Managing Director Non-Exec Chair Non-Exec Director Non-Exec Director Chief Operating Officer Chief Geologist Exploration Manager • Experienced resources • Highly experienced • +30
Slide 5: 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 6: Afema Gold Project: World Class Terrain
Afema Gold Project World Class Terrain • Total project area >1,250km2 in southeast Cote d’Ivoire • Central granted Mining Permit covering 227km2 • Three recently granted contiguous Exploration Permits covering 812km2 • Mining Permit valid to Dec 2033 (20-year renewal thereafter to Dec 2053) • Suppor
Slide 7: 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 • Asankragwa shear within the Kumasi basin
Slide 8: The Right Address | Afema Project Geology
The Right Address | Afema Project Geology Target Rich Environment • >US$40 million of past exploration expenditure within the Mining Permit Multi rig drilling program underway | >13,000m RC/DD drilling June quarter • > 250,000m of past drilling along the +25km ‘Afema Shear’ • Past production of 125,
Slide 9: Afema Shear
Afema Shear Multi Million Ounce Gold System • +25kms of the eastern margin of the extension of the Sefwi Gold Belt in Ghana - a truly worldclass gold belt • Multiple structures across a ~3km width • The entire focus of 250,000m of historical drilling, confirming a multi-million ounce gold system • F
Slide 10: Afema Shear | Jonction Deposit
Afema Shear | Jonction Deposit • Positioned at the northern end of the Afema Shear • ~300m strike extent • Continuous high-grade (3-5g/t) shoot plunging to the south • Potential additional high-grade shoots to the north and south • Gold associated with pyrite • Drill results include1: • 40.6m @ 7.13
Slide 11: Afema Shear | Anuiri Deposit
Afema Shear | Anuiri Deposit • 6kms south of Jonction along the central portion of the Afema Shear • Several southerly plunging high-grade shoots • 500m strike extent drilled to 200-250m depth • Dominant sulphide pyrite, with minor arsenopyrite • Drill results include1: • 33m @ 7.53g/t gold from 118
Slide 12: Woulo Woulo: Shallow New Discovery
Woulo Woulo Shallow New Discovery • 5kms from Anuiri and 12kms from Jonction on a north-south splay off the Afema Shear • Large mineralised system OPEN at depth. Mineralisation widening and improving in grade at depth • 3kms of strike drilled on 40m sections, generally to 120m depth. Current drillin
Slide 13: Woulo Woulo: Width and Continuity
Woulo Woulo Width and Continuity • Very consistent gold grades across width of mineralisation and along the almost 3kms of drilled strike • Wide zones of mineralisation from surface for low strip ratio mining • Typical results along the drilled strike include1: o 66m @ 1.58g/t gold fr 48m o 82m @ 0.
Slide 14: Woulo Woulo: Bulk & Consistent Mineralisation
Woulo Woulo Bulk & Consistent Mineralisation Page 14 turacogold.com.au
Slide 15: The Right Address | Afema Project Scale
The Right Address | Afema Project Scale Multi Million Ounce Gold System • Severely underexplored outside the Afema Shear with several large anomalies in promising geological positions No known drilling beyond the Mining Permit • Extensive artisanal mining activity across entire project area • Substa
Slide 16: Nianemlessa Shear
Nianemlessa Shear • Southern portion of the 20km anomalous Nianemlessa Shear is untested with drilling and has the highest and most consistent gold-in-soils at Affienou Prospect • Located within 5-10km of the Woulo Woulo discovery • Channel sampling and trenching returning 28m @ 3.06g/t gold, 12m @
Slide 17: Milestones & Objectives
Milestones & Objectives Well-funded with A$18M cash Imminent JORC Mineral Resource estimate Aggressive exploration Metallurgical test work Three drill rigs operating around the clock Woulo Woulo complete >13,000m drilling completed last quarter Anuiri & Jonction pending Tier One ju
Slide 18: Thank You
Thank You Page 18 turacogold.com.au