Turaco Gold Confirms Satama Gold Discovery

THE DRILL SERGEANT: Turaco Gold (ASX: TCG) has supplied The Resources Roadhouse Steak Sandwich Showdown at Diggers & Dealers next week with some meat to bite on by announcing assay results from recently completed RC drilling at the Satama gold discovery within the eastern permit of the company’s Eburnea gold project in central Côte d’Ivoire.

Results from the drilling include:

30 metres at 1.92 grams per tonne gold from 94m;

17m at 2.13g/t gold from 16m; and

5m at 5.96g/t gold from 115m.

The company declared the results confirm Satama as being a multi-kilometre strike length greenfield gold discovery that it expected to continue to grow.

“These latest drill results have shown Satama to be a large discovery over several kilometres in strike,” Turaco Gold managing director Justin Tremain said in the company’s ASX announcement.

“Results confirm good continuity of gold mineralisation over the plus-two kilometres drilled strike, which remains open in all directions and at depth.

“Encouragingly, grades appear to be improving at depth into the fresh rock where several plus 30 gram metre (grade x width) intersections have been returned.

“Drilling has also confirmed parallel lodes to the west of the main zone where shallow, step out drilling has been undertaken with assays pending.

“This 100 per cent-owned discovery is quickly evolving into Turaco’s flagship project.”






Web: www.turacogold.com.au