Noosa Mining Investor Conference
Logotype for Turaco Gold Limited

Turaco Gold (TCG) Noosa Mining Investor Conference summary

Event summary combining transcript, slides, and related documents.

Logotype for Turaco Gold Limited

Noosa Mining Investor Conference summary

16 Nov, 2025

Project 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.

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