The latest update is out from Turaco Gold Ltd ( ($AU:TCG) ).
Turaco Gold Limited announced successful results from its maiden drilling at the large-scale Baffia Prospect within the Afema Project in Côte d’Ivoire. The drilling revealed promising gold mineralization, with significant intercepts indicating the potential to expand the existing 2.52Moz JORC Mineral Resource estimate. The discovery at Baffia underscores the project’s potential and could enhance Turaco’s positioning within the gold mining sector. The company is continuing exploration with three drill rigs to update the resource estimate by the end of the current quarter.
More about Turaco Gold Ltd
Turaco Gold Limited is a company operating in the gold exploration and mining industry, primarily focused on the development of gold resources in Côte d’Ivoire. The company is engaged in exploration activities with a significant focus on the Afema Project, which includes multiple deposits such as Woulo Woulo, Jonction, and Anuiri.
YTD Price Performance: 12.14%
Average Trading Volume: 4,180
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €151.1M
See more data about TCG stock on TipRanks’ Stock Analysis page.
