Turaco Gold (ASX:TCG) has two drill rigs operating at the Woulo Woulo discovery in south-eastern Cote d’Ivoire to generate more samples and follow up high gold recoveries achieved in recent metallurgical testwork.
The $108 million market capitalisation company conducted metallurgical testwork which returned gold extraction rates of 93.9%, 88.2%, and 89.4% from oxide, transitional, and fresh mineralisation.
Managing Director Justin Tremain says the initial testwork has confirmed Turaco’s expectation that Woulo Woulo has excellent metallurgical characteristics across oxide, transitional, and primary mineralisation, confirming previous preliminary bottle rolls.
“We expect optimisation testwork on Woulo Woulo will demonstrate low consumption of cyanide and lime,” he says.
Although cyanide and lime additions have not been optimised at this stage in the testwork, leach profiles indicate rapid gold dissolution with low cyanide consumption, according to Turaco
The company says most of the gold dissolution for each composite sample occurred within four hours.
All work to date has been carried out by Bureau Veritas Minerals in Perth, Western Australia, under the supervision of consulting metallurgist Ian Thomas.
The Woulo Woulo discovery is part of the company’s Afema Gold Project, which covers a 1,250km2 area in Cote d’Ivoire.
Turaco Gold is a gold-focused explorer in Cote d’Ivoire with a prospective Birimian greenstone terrain tenement package proximal to major mines or discoveries.
Write to Aaliyah Rogan at Mining.com.au
Images: Turaco Gold
