Turaco Gold (TCG) Noosa Mining Investor Conference summary
Event summary combining transcript, slides, and related documents.
Noosa Mining Investor Conference summary
16 Nov, 2025Project overview and resource growth
Athena Gold Project in West Africa now holds a 3.6 million ounce gold resource, with regular updates planned every six months and further resource growth expected by year-end.
Four main deposits currently make up the resource, with additional deposits to be added in the next six months.
Over $80 million in funding secured, supporting aggressive exploration and development.
More than 10,000 meters of drilling conducted monthly, targeting over 100,000 meters annually.
Market capitalization has grown from $30 million to $450 million since project acquisition.
Geology, infrastructure, and location advantages
Project benefits from proximity to major infrastructure, including a new highway and grid hydro power at $0.13/kWh.
Located in Côte d'Ivoire, considered the safest and most developed country in West Africa for mining.
Mining permit already granted, with no environmental or community impediments to development.
Covers 1,600 sq km, including 1,000 sq km of recently granted tenure and a 220 sq km mining permit.
Access to a hydro dam 25 km from the planned processing plant site, reducing operating costs.
Deposit details and exploration upside
Woulo Woulo Deposit: 1.6 million ounces at ~1g/t, low strip ratio, simple metallurgy, and high recovery rates.
Other key deposits: Jonction (600,000 oz at 2g/t), Inuri (500,000 oz at 1.7g/t), Assipuri (800,000 oz), all within 10 km radius.
60% of resource in indicated category, with conversion to reserves underway over the next six months.
Multiple parallel and regional structures identified, with new discoveries such as Bafia and Nianemlessa showing strong early results.
Significant mineralization remains outside current resource, with ongoing drilling expected to add ounces.
Latest events from Turaco Gold
- Resource growth, strong funding, and rapid development position Afema for 2027 mining start.TCG
2025 Precious Metals Summit - Beaver Creek31 Dec 2025 - Afema Project MRE increased to 4.06Moz gold, with robust cash reserves and ongoing exploration.TCG
Q3 2025 TU21 Dec 2025 - 3.6 Moz resource achieved with rapid growth, robust funding, and major exploration upside.TCG
Diggers & Dealers Mining Forum 202523 Nov 2025 - Net loss widened but cash and assets surged as Afema Project resources and funding expanded.TCG
H1 202512 Sep 2025 - Afema resource up 40% to 3.55Moz, with robust cash and major exploration success.TCG
Q2 2025 TU30 Jul 2025 - 2.5Moz gold resource, aggressive drilling, and new discoveries drive strong growth prospects.TCG
Investor Presentation7 Jul 2025 - 2.52Moz gold resource, rapid growth, and aggressive exploration drive project momentum.TCG
Investor Presentation7 Jul 2025 - Afema Gold Project delivers 40% resource growth to 3.55Moz, backed by strong exploration and funding.TCG
Investor Presentation7 Jul 2025 - Afema Project drilling and resource growth drive strong outlook, supported by robust cash.TCG
Q1 2025 TU22 Jun 2025