Turaco Gold (TCG) Investor Presentation summary

Corporate overview and financials

• Market capitalization stands at A$328M with an enterprise value of A$290M and A$33M in cash as of December 2024.

• Share price was A$0.365 on 14 Feb 2025, with 900M shares on issue and top 100 shareholders holding ~80%.

• Recent capital raises include A$6.6M, A$18M, and A$35M at progressively higher prices, reflecting project milestones.

• Investments and receivables total A$5M, including stakes in other mining companies and a potential US$1.5M receivable.

Project location and jurisdiction

• The Afema Gold Project is located in southeast Côte d'Ivoire, covering over 1,600km² with a central mining permit and multiple exploration permits.

• Côte d'Ivoire is a premier West African gold jurisdiction, with production up 500% in the last decade and strong infrastructure.

• The project benefits from proximity to major highways, port facilities, and a 50MW hydropower scheme.

• Mining permit is valid until December 2033, with a 20-year renewal option.

Resource base and geology

• Maiden JORC 2012 resource of 2.5Moz gold across three deposits: Woulo Woulo, Jonction, and Anuiri.

• 60% of the resource is in the Indicated category, with all deposits open in every direction and significant exploration upside.

• The project sits at the convergence of two prolific Ghanaian gold belts, hosting world-class deposits.

• Over 250,000m of drilling has confirmed a multi-million ounce gold system along the Afema Shear.