Turaco Gold lifts Afema resource to 4.65Moz as PFS nears completion

The latest update is out from Turaco Gold Ltd ( (AU:TCG) ).

Turaco Gold reported continued growth at its Afema Project in Côte d’Ivoire, lifting its JORC Mineral Resource Estimate to 4.65 million ounces of gold, a roughly 15% increase since late 2025, driven by intensive drilling across multiple deposits. The updated resource includes a higher proportion of Indicated material to support a near-complete Pre-Feasibility Study, while new discoveries and extensions at Adiopan, Herman and along the Niamienlessa–Affienou Trend underscore Afema’s district-scale potential and underpin plans for a maiden Ore Reserve and subsequent Definitive Feasibility Study, backed by a cash balance of about A$60 million.

Adiopan has emerged as a major growth centre, with broad high‑grade intercepts over an expanded strike length significantly increasing the Asupiri resource and remaining open in several directions. In parallel, near-surface oxide mineralisation along the Niamienlessa–Affienou Trend has revealed additional satellite targets outside the current resource, enhancing the project’s future production optionality and strengthening Turaco’s strategic position in West African gold development.

The most recent analyst rating on (AU:TCG) stock is a Buy with a A$2.19 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 an Australian-listed gold exploration and development company focused on the Afema Project in Côte d’Ivoire. The company is advancing a district-scale landholding with multiple gold deposits along the Afema Shear corridor and surrounding trends, targeting large-scale, multi-deposit development potential in West Africa.

Average Trading Volume: 2,707,238

Technical Sentiment Signal: Buy

Current Market Cap: A$627M

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