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TURACO GOLD TURACO GOLD Quarterly Activities Report | 30 September 2021 Turaco Gold Limited ( ' Turaco ' or the ' Company ' | ASX : TCG ) provides its Quarterly Activities Report for the period ending 30 September 2021 ( ' September Quarter ' ) . September Quarter Highlights " Shareholder approval and completion of the acquisition of a 6,194km² package of exploration interests , increasing the Company's exploration position in Cote d'Ivoire to ~ 8,350km² Immediate commencement of multi - rig drilling and exploration programs across several of the Company's newly acquired projects Boundiali Gold Project ■ ■ Reverse circulation ( ' RC ' ) drilling commenced in September with a total of ~ 1,500m completed to date of a phase one ~ 3,000m program testing dip and plunge extensions to high grade gold mineralisation in historical drilling at Nyangboue ( refer Figures Two , Three and Four ) Air core ( ' AC ' ) drilling commenced in August with a total of ~ 6,000m completed to date of a phase one 9,000m program , testing 3kms of north and 3kms of southern strike extensions at Nyangboue ( refer Figure Three ) Eburnea Gold Project " ■ Infill soil sampling completed at the Bouake North permit returning encouraging results , defining new targets with high tenor gold - in - soil anomalism ( refer ASX announcement 2 August 2021 and Figure Seven ) : 。 Three > 2km highly anomalous zones of + 120ppb gold - in - soils defined О Peak values up to 19.6g / t gold 。 Unsampled 4.5km area between the three anomalies currently being infilled Auger drilling program completed at the Satama prospect and commenced at the newly defined Bouake North soil anomalies ( completed after the end of the September Quarter and assays pending ) Results from the Satama auger program returned exceptional high - grade results over 4.5kms of strike including ( refer ASX announcement 13 October 2021 and Figure Six ) : o 9m @ 4.49g / t gold fr 1m ASX Announcement 29 October 2021 Directors John Fitzgerald Non - Executive Chair Justin Tremain Managing Director Alan Campbell Non - Executive Director Bruce Mowat Non - Executive Director Susmit Shah Company Secretary & CFO Elliot Grant Exploration Manager Issued Capital Share Price Market Cap Capital Structure 338.9m 15 cents ~ A $ 51m Cash ( 30 Sept 2021 ) ~ A $ 5.7m Contact О 5m @ 2.14g / t gold fr 6m o 8m @ 1.79g / t gold fr 2m ○ 1m @ 9.91g / t gold fr 9m О 5m @ 1.04g / t gold fr 5m Tongon North Gold Project Results received from a 1,940m infill auger drilling program completed at the 100 % owned Dielle permit Continuity of in - situ gold anomalism along a strike of over 5kms defined for AC drill testing , with the structure remaining open a further 7kms to the northeast ( refer Figure Nine ) Corporate " Appointment of Mr John Fitzgerald as Non - Executive Chair and Mr Bruce Mowat as Non- Executive Director Corporate Office Level 1 50 Ord Street West Perth WA 6005 Phone : +61 8 9380 6062 Registered Office Level 2 , Suite 9 389 Oxford Street Mount Hawthorn WA 6016 ACN 128 042 606 www.turacogold.com.au @TuracoGold ■ Change of company name to Turaco Gold Limited ( ASX Code | TCG ) ■ Cash position of approximately $ 5.7 million at 30 September 2021