Turaco Gold

Turaco Gold Limited (ASX:TCG) is an ASX listed gold company developing the Afema Project in southern Cote d’Ivoire, West Africa. Turaco acquired its interest in the Afema Project in March 2024 and has quickly delineated a JORC resource estimate of 3.55Moz, as announced in May 2025.

The 3.55Moz gold resource estimate positions the Afema Project as one of the largest undeveloped gold projects in West Africa and comes just over one year since Turaco’s acquisition of the project.

The Afema Project is on a granted mining permit, supported by a Mining Convention with the State of Cote d’Ivoire, covering an area of 227km2, with contiguous granted exploration permits covering a further 813km2 and application rights over another 593km2 providing a total contiguous project area of over 1,600km2.

Turaco has an active ongoing exploration program with multiple drill rigs operating and expects to provide regular updates to the JORC resource estimate.

Turaco has an experienced Board with a track record of success. The Board includes Justin Tremain as Managing Director, John Fitzgerald as Chairman and Bruce Mowat and Ian Kerr as Non-Executive Directors. The Board has been instrumental in success of companies such as Renaissance Minerals, Emerald Resources, Exore Resources, Papillon Resources, Northern Star and Sandfire.

Management Profile

Justin Tremain, Managing Director.

Experienced company director across the mineral resources sector. Previously the Managing Director of Exore Resources until its takeover by Perseus Mining. Founding Managing Director of Renaissance Minerals until its takeover by Emerald Resources, where he served as Executive Director.

Ben Larkin, Chief Financial Officer and Company Secretary

A Chartered Accountant with more than 20 years’ experience as a corporate and finance professional. Commenced his career in public practice before specialising in the natural resources sector in 2007. He has recent experience in the development and operation of gold mines. Most recently served as CFO and Company Secretary of the ASX-Listed Medallion Metals Ltd (ASX: MM8) and prior to that, previous roles with Carnaby Resources Ltd (ASX: CNB) and the formerly ASX-listed Beadell Resources Ltd prior to its takeover in 2019.

What are your key goals for the next 3, 6 and 12 months?

3 Months

Met drill & testing; Upgraded JORC Resource

6 Months

Regional exploration drilling, trenching and geochemistry

12 Months

Environmental, Social and PFS

What do you think makes your company such a compelling investment?

Location, commodity, funded