Turaco Gold Reports High-Grade Intercepts at Anuiri and Jonction Deposits

Drilling Results Reinforce Anuiri and Jonction Potential

Turaco Gold Limited has announced the completion of its resource drilling program at the Anuiri and Jonction deposits within the Afema Gold Project in Côte d’Ivoire. The assays, now fully received, confirm the company’s previous resource models and are expected to deliver modest growth in the Mineral Resource Estimate (MRE), particularly at Anuiri.

The drilling campaign aimed to upgrade a significant portion of Inferred resources to the more confident Indicated category within optimised pit shells, while also extending mineralisation down dip in areas previously shallowly drilled. Notable intercepts include 11 metres at 7.31 grams per tonne (g/t) gold from 118 metres at Anuiri, and 15.35 metres at 5.39 g/t gold from 72.65 metres at Jonction, underscoring the quality of the mineralisation.

Strategic Resource Growth and Exploration Focus

Both deposits show mineralisation from surface and remain open in all directions, suggesting further upside potential. Turaco is now preparing an updated MRE that will incorporate these latest results alongside recent updates from the Woulo Woulo deposit. This refreshed resource base will be a critical input into the ongoing Pre-Feasibility Study (PFS) for the Afema Project, expected to conclude in the second quarter of 2026.

Beyond resource definition, Turaco’s exploration efforts have shifted towards discovering new deposits. Drilling rigs are active at several high-priority targets including Adiopan, Baffia, Kotoka, and along the Niamienlessa-Affienou trend, all outside the current 4.1 million ounce resource envelope. Early results from Adiopan have already indicated promising high-grade extensions, with further assay results anticipated shortly.

Robust Financial Position Supports Growth Ambitions

Turaco’s strong cash position of approximately A$76 million as of September 2025 provides a solid foundation to fund ongoing exploration, resource upgrades, and feasibility studies. Managing Director Justin Tremain emphasised the company’s confidence in the resource base and its commitment to advancing exploration, stating that the latest drilling results validate previous models and are expected to contribute to resource growth.

With multiple deposits showing consistent mineralisation and several exploration targets in play, Turaco is well positioned to expand the Afema Project’s footprint and resource inventory. The upcoming MRE update and PFS will be closely watched by investors seeking clarity on the project’s economic potential and development pathway.