Turaco Gold Ltd (AU:TCG) has released an update.
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Turaco Gold Ltd has announced an initial JORC-compliant mineral resource estimate of 2.52 million ounces of gold at its Afema Project in Côte d’Ivoire, with significant potential for expansion. The project’s maiden resource covers just three of the several deposits, with ongoing drilling expected to further increase the estimates. The company notes high confidence in the resource with a substantial portion in the ‘Indicated’ category and cost-effective acquisition metrics.
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