Turaco Gold (TCG) Investor Presentation summary

Project overview and growth

• Afema Gold Project in Côte d'Ivoire has a 3.55Moz JORC resource, reflecting 40% growth in 12 months at a discovery cost below US$8/oz.

• Project area exceeds 1,600km², with a granted mining permit (227km²) and three new contiguous exploration permits (812km²).

• Over 50,000m of drilling completed in 2024, with 70,000m planned for 2025 and aggressive exploration ongoing.

• Metallurgical testwork shows 85–90% gold recoveries across all deposits.

• Project supported by strong infrastructure, rapid permitting, and proximity to power and transport.

Resource details and exploration potential

• Four main deposits: Woulo Woulo (1.6Moz @ 1.0g/t), Jonction (0.61Moz @ 2.1g/t), Anuiri (0.52Moz @ 1.7g/t), Asupiri (0.82Moz @ 1.2g/t).

• 60% of ounces in the Indicated category, with 80–90% of ounces in the top 200m.

• All deposits remain open in every direction, with multiple untested targets and parallel structures.

• Significant new discoveries at Begnopan, Baffia, and Niamienlessa SW, with high-grade drill results.

• Extensive geochemical sampling (>30,000 samples) and geophysical surveys have defined large-scale drill targets.

Financials and corporate highlights

• Market capitalisation of A$387M, enterprise value A$355M, and cash/investments exceeding A$30M as of April 2025.

• 300% share price appreciation and 500% market cap growth in the past year.

• Recent capital raises include A$35M at 31c, A$18M at 16c, and A$6.6M at 9c.

• Investments and receivables over A$6M, including proceeds from asset sales.