Drilling at Satama target delivers strong results for Turaco Gold

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By Imelda Cotton - 
Turaco Gold ASX TCG Satama gold Eburnea Ivory Coast Côte d’Ivoire

A highlight intercept from Satama was 26m at 4.82g/t gold from 35m.


Assays from reverse circulation drilling at the Satama gold target within the Eburnea project in central Côte d’Ivoire have delivered strong results for owner Turaco Gold (ASX: TCG).

Drilling of 12 holes for 1,482 metres within the project’s eastern permit was designed to identify higher grade plunging shoots and down dip extensions to previous exploration.

The company said the results confirmed good continuity, with high-grade plunging shoots along 2km of strike.

Best results

Best hits were 26m at 4.82 grams per tonne gold from 35m; 14m at 2.59g/t gold from 57m; 13m at 1.99g/t gold from 111m; 18m at 1.53g/t gold from 66m; 21m at 1.33g/t gold from 65m; and 9m at 2.05g/t gold from 83m.

The 26m intersection is reported to be the best to date at Satama, with the zone of high-grade mineralisation occurring in a parallel structure to the main drilled trend and remaining open to the south.

Turaco also recently completed a 2,050m auger program at Satama to test parallel structures to the west of the existing drill grid where an induced polarisation survey highlighted high chargeability and resistive anomalies extending for over 4km in strike.

Managing director Justin Tremain said drilling at Satama continues to generate good results.

“We look forward to receiving and reporting results from the reconnaissance, shallow auger drilling recently completed testing the western parallel structures which, if positive, would show substantial growth potential at this prospect,” he said.

Project permits

The Eburnea project comprises two granted permits over 690 square kilometres in central Côte d’Ivoire.

The Bouake North permit is positioned on the Oume-Fetekro belt which hosts the 2.5 million ounce Fetekro gold project to the north, and the Bonikro (2.5Moz) and Agbaou (1Moz) gold mines to the south.

The Satama permit covers a significant northeast-trending shear splaying off the crustal scale Ouango-Fitini shear, which marks the margin of the Birimian Comoé basin.

Turaco has completed two phases of aircore drilling (for approximately 17,000m) and one phase of reverse circulation drilling (for 8,900m) at Satama, delineating gold mineralisation from surface and along 2km of strike which remains open to the north.