Turaco Gold Ltd (AU:TCG) has released an update.
Turaco Gold Ltd announces the acquisition of three new exploration permits, expanding their Afema project area to 1,040km2, with drilling set to start in August 2024. These permits hold multiple high-potential, untested drill targets, following a successful geochemical sampling program indicating high gold values. The company is progressing towards delivering a maiden JORC resource estimate in the third quarter of 2024, bolstered by ongoing drilling programs and strong financial backing.
For further insights into AU:TCG stock, check out TipRanks’ Stock Analysis page.