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Turaco Gold Ltd ( (AU:TCG) ) has provided an announcement.
Turaco Gold Limited has announced a significant update to its Afema Project’s Mineral Resource Estimate, increasing the gold resource to over 4 million ounces. This update, which includes new resources from the Begnopan and Toilesso Deposits, positions Afema as a major undeveloped gold project in West Africa. The company plans further exploration and drilling activities, anticipating additional resource growth and new discoveries, with a Preliminary Feasibility Study expected in the second quarter of 2026.
The most recent analyst rating on (AU:TCG) stock is a Buy with a A$1.63 price target. To see the full list of analyst forecasts on Turaco Gold Ltd stock, see the AU:TCG Stock Forecast page.
More about Turaco Gold Ltd
Turaco Gold Limited is a company operating in the gold mining industry, focusing on exploration and development projects. Its primary market focus is on the Afema Project in West Africa, where it aims to expand its gold resources.
Average Trading Volume: 2,224,048
Technical Sentiment Signal: Buy
Current Market Cap: A$457.6M
For detailed information about TCG stock, go to TipRanks’ Stock Analysis page.