Turaco Gold

Turaco Gold Limited (ASX:TCG) is an ASX-listed gold company focused on advancing the Afema Project in southern Côte d’Ivoire, West Africa. Turaco acquired its interest in Afema in March 2024 and within just 14 months delineated an initial JORC Mineral Resource Estimate (MRE) of 3.55Moz. Continued exploration success has seen Turaco deliver an updated MRE of 4.06Moz in October 2025, firmly establishing Afema as one of the most significant undeveloped gold projects in West Africa – achieved within the first 2 years of Turaco’s ownership. The Afema Project sits on a granted mining permit supported by a Mining Convention with the State of Côte d’Ivoire, covering 227km². The Afema Project covers a total granted area of 1,040km², comprising the central mining permit and three contiguous exploration permits. In addition, Turaco holds an exploration permit application covering a further 228km² and an option over an additional application area of 366km², bringing the total Afema Project tenure to more than 1,600km². Turaco maintains an active, ongoing exploration program, with multiple drill rigs operating and a commitment to delivering regular updates to the JORC resource estimate as drilling progresses. The Company is led by an experienced Board with a proven record of discovery and value creation. The Board comprises Justin Tremain (Managing Director), John Fitzgerald (Chairman), and Bruce Mowat and Ian Kerr as Non-Executive Directors - a team instrumental in the success of companies including Renaissance Minerals, Emerald Resources, Exore Resources, Papillon Resources, Northern Star, and Sandfire Resources.

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.

Elliot Grant, Chief Geologist

Exploration Geologist with over 15 years in West Africa exploration (Burkina Faso and Cote d’Ivoire). Previously Exploration Manager Exore Resources Ltd and prior to that with Teranga Gold & Gryphon Minerals Ltd.

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?

- Upgraded JORC Resource

- Regional exploration drilling, trenching and geochemistry

- Environmental, Social and PFS

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

Location, commodity, funded