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Turaco Gold (TCG) investor relations material

Turaco Gold Q3 2025 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 TU earnings summary29 Oct, 2025

Executive summary

  • Over 20,000m of drilling completed in the September quarter, advancing resource growth and new discoveries at the Afema Project in Côte d'Ivoire.

  • High-grade gold intercepts reported at Woulo Woulo, Adiopan, Begnopan, and Baffia, confirming new deposits and extensions.

  • Updated Afema Project Mineral Resource Estimate (MRE) increased to 4.06Moz gold, up by over 500,000oz in five months.

  • Pre-Feasibility Study (PFS) and Environmental and Social Impact Assessment (ESIA) progressing on schedule.

  • Strong financial position with ~$80 million in cash and listed investments at quarter-end.

Financial highlights

  • Cash and cash equivalents at 30 September 2025: $76.3 million.

  • Listed investments valued at ~$3.5 million.

  • Net cash used in operating activities for the quarter: $(6.9) million.

  • Net cash from investing activities: $3.2 million, mainly from asset divestments.

  • Share Purchase Plan raised $4 million; Many Peaks Ltd shareholding sold for $3.2 million.

Outlook and guidance

  • Further MRE update expected in 1Q CY2026, incorporating recent high-grade results.

  • PFS completion targeted for 2Q CY2026.

  • All rigs to focus on exploration drilling for new discoveries and resource extensions in the upcoming dry season.

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Frequently asked questions

Turaco Gold Limited is an Australia-based mineral exploration company primarily focused on the identification, acquisition, and development of gold projects in West Africa. The company's portfolio includes several exploration assets across prolific gold belts in Côte d'Ivoire, where it undertakes activities to discover and expand gold resources. Turaco Gold aims to unlock high-potential gold deposits through systematic exploration programs, including drilling and geological surveying. Turaco Gold Limited is headquartered in Subiaco, Australia, and its shares are listed on the ASX.

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