Woulo Woulo Drilling Yields Broad Intervals Averaging Over 1g/t Gold

Turaco Gold reports robust drilling results at its flagship Afema Project, confirming broad, consistent gold mineralisation at Woulo Woulo and revealing high-grade potential at the nearby Herman prospect.

  • Woulo Woulo drilling confirms broad widths and improved gold grades
  • Herman prospect delivers high-grade gold intercepts from near surface
  • Maiden Herman resource estimate targeted for Q1 2026
  • Ongoing exploration at Anuiri, Adiopan, Baffia, Kotoka, and Niamienlessa-Affienou
  • Afema Project Pre-Feasibility Study on track for Q2 2026 completion
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Strong Continuity and Grade at Woulo Woulo

Turaco Gold Limited has released compelling drilling results from its Woulo Woulo Deposit, part of the 4.1 million ounce Afema Project in Côte d’Ivoire. The recent resource infill drilling program, comprising 22 diamond holes totaling over 6,200 metres, has reinforced the deposit’s hallmark broad widths and remarkable continuity of gold mineralisation. Notably, several drill intersections have returned grades exceeding 1 gram per tonne over substantial intervals, such as 134 metres at 1.07 g/t and 63 metres at 1.45 g/t gold.

This drilling was designed to upgrade inferred resources within the Pre-Feasibility Study (PFS) pit shell to at least indicated status and to extend mineralisation down dip. The results not only confirm the deposit’s predictable nature but also suggest an uplift in grade across multiple sections, enhancing confidence in the existing resource model.

Herman Prospect Emerges as High-Grade Complement

Turaco is targeting a maiden mineral resource estimate for Herman by the end of the first quarter of 2026. The higher grades at Herman are expected to complement the bulk-tonnage nature of Woulo Woulo, potentially enhancing the overall economics of the Afema Project.

Broader Exploration and Project Advancement

Beyond these two deposits, Turaco is actively drilling at other promising targets including Anuiri, Adiopan, Baffia, Kotoka, and the Niamienlessa-Affienou trend. The company recently completed approximately 4,500 metres of drilling at Anuiri, with results pending. Exploration efforts are focused on expanding the resource base beyond the current 4.1 million ounce estimate.

The Afema Project’s Pre-Feasibility Study is progressing on schedule, with completion expected in the second quarter of 2026. Key workstreams such as metallurgical optimisation, geotechnical studies, hydrogeology drilling, and environmental and social impact assessments are advancing as planned. A comprehensive LIDAR survey covering the entire mining permit is also slated for December 2025.

Financial Strength Supports Growth

Turaco’s strong cash position of approximately A$76 million as of September 2025 provides a solid foundation to fund ongoing exploration, resource growth, and feasibility studies. Managing Director Justin Tremain highlighted the strategic value of the Herman discovery in complementing Woulo Woulo and expressed optimism about upcoming results from Adiopan and Anuiri.

With multiple high-priority drill targets and a robust pipeline of exploration prospects, Turaco is well positioned to continue expanding the Afema Project’s resource inventory and advance towards development.

Bottom Line?

Turaco’s latest drilling success at Woulo Woulo and Herman sets the stage for a resource upgrade and strengthens the Afema Project’s development outlook.

Questions in the middle?

  • How will the maiden Herman resource estimate impact the overall Afema Project valuation?
  • What metallurgical characteristics will Herman’s mineralisation exhibit compared to Woulo Woulo?
  • Can ongoing exploration at Adiopan and other prospects deliver further resource growth in 2026?