The latest announcement is out from Turaco Gold Ltd ( (AU:TCG) ).
Turaco Gold Limited has announced significant improvements in gold extraction rates across its Afema Project deposits, with leach extractions now reaching 84-90% at Jonction, Anuiri, and Asupiri, and 87-95% at Woulo Woulo. These advancements, achieved through advanced metallurgical processes, are expected to reduce capital and operational costs and pave the way for an updated JORC Mineral Resource Estimate, potentially increasing the project’s resource base from the current 2.52 million ounces. The results have been independently reviewed and deemed excellent, indicating a strong potential for further optimization and increased gold recovery in the future.
More about Turaco Gold Ltd
Turaco Gold Limited operates in the mining industry, focusing on gold extraction and exploration. The company is actively engaged in the Afema Project located in southeastern Côte d’Ivoire, where it is working on improving gold recovery rates from various deposits.
YTD Price Performance: 47.14%
Average Trading Volume: 1,500
Technical Sentiment Signal: Sell
Current Market Cap: €206.2M
Find detailed analytics on TCG stock on TipRanks’ Stock Analysis page.