Half Year Accounts
Taruga Gold Limited has concessions located in Cote d'Ivoire, Mali and Niger. The Company has active Joint Ventures in Cote d'Ivoire with Newcrest Mining Limited and with Resolute Mining Limited (ASX:RSG) as well as additional concessions it is continuing to explore. In Mali, the Company has the Nangalasso and SLAM projects, and in Niger the Company continues to explore the Kossa project.
During the reporting period Taruga signed a Binding farm-in and joint venture ("JV") with top-tier gold producer, Newcrest Mining Limited (ASX:NCM) Taruga's 100% owned Dabakala Project, Cote d'Ivoire. Newcrest have commenced activities on the ground immediately and will be completing a major auger drilling programme in the next quarter.
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About Taruga Minerals Limited
Taruga Minerals Limited is a mineral exploration company listed on the Australian Securities Exchange (ASX:TAR) with a focus on acquiring and developing highly prospective Gold, Copper and precious metals exploration projects in Australia. Taruga's highly experienced management team led by Mr Mark Gasson and key advisors Ashanti Capital, has provided the Company with exposure to the exciting, under explored, High-Grade Flinders Copper-Gold-Silver Project on the margin of the Gawler Craton, South Australia. Taruga has an exclusive, 12-month option to acquire the Flinders Project from Strikeline Resources Pty Ltd.
Taruga Minerals Limited
Resolute Mining Limited
Newcrest Mining Limited