Turaco Gold (TCG) Diggers & Dealers Mining Forum 2026 summary

Exploration and resource growth

• Recent drilling below existing resources yielded 100 meters at 1.1 g/t, including 36 meters at 1.9 g/t, with further deep drilling results expected soon.

• IP surveys over the past year have clarified controlling structures, enabling targeted exploration along a 35 km strike with multiple shears and several undrilled contacts.

• High-grade plunging shoots identified at multiple deposits, with continuity and grades up to 5 g/t, supporting both open-pit and future underground mining potential.

• Resource growth is rapid, with Asupiri increasing from 300,000 to 1.3 million ounces in a year, and similar expansion expected at Begnapan and other deposits.

• New drilling is targeting undrilled northern anomalies and extensional zones, with expectations for further discoveries and resource additions over the next year.

Project development and timeline

• All resources are on a granted mining permit, streamlining the permitting process in Côte d'Ivoire.

• Environmental and Social Impact Assessment is nearing completion, with government submission planned for later this year and approval expected by year-end or early 2027.

• Definitive Feasibility Study (DFS) is scheduled for completion around April next year, with early works and construction targeted for post-wet season, November next year.

• Continued drilling and resource growth will proceed in parallel with project development.

Production outlook and profitability

• The mine is projected to produce over 200,000 ounces of gold annually.

• Simple metallurgy with modeled recoveries around 87% and potential for over 90% in oxide, transitional, and fresh ore.

• The project is expected to be highly profitable upon development.