TORONTO, June 07, 2018 -- Teranga Gold Corp. is pleased to announce an updated mineral resource estimate for its Wahgnion gold development project in Burkina Faso, West Africa. Based on drill results from a 73,000-metre infill drill program completed in 2017, the updated combined measured and indicated mineral resource is now 50.5 million tonnes at [...]
TORONTO, May 08, 2018 -- Teranga Gold Corp. announces that all nominee directors listed in the Management Proxy Circular dated April 3, 2018 were elected as directors of the Company at its Annual General Meeting of Shareholders held earlier today in Toronto, Ontario. At this Meeting, 69,914,888 shares were voted, representing 65.13% of the [...]
TORONTO, May 07, 2018 -- Teranga Gold Corp. is pleased to announce that it has satisfied all conditions precedent for its first drawdown under the secured development finance facility with Taurus Funds Management Pty Ltd. . The Facility is comprised of $165 million to be used towards funding the development of the Wahgnion Gold Project and to [...]
Plant Construction Begins at Wahgnion Gold Project TORONTO, May 03, 2018 -- Teranga Gold Corp. today reported its financial and operating results for the three months ended March 31, 2018. “We have a clear vision for Teranga and that is to become a multi-asset, mid-tier gold producer in West Africa,” said Richard Young, President and [...]
TORONTO, April 26, 2018 -- Teranga Gold Corp. announces that it will release its first quarter 2018 financial and operating results on Thursday, May 3, 2018 at approximately 6:00 a.m. ET. Following the release, management will host a conference call and webcast at 8:30 a.m. ET. to review the Company’s results and discuss the quarter’s [...]
TORONTO, April 16, 2018 -- Teranga Gold Corp. is pleased to announce that its phase 2 diamond drill program at the C-Zone prospect on the Golden Hill property in Burkina Faso, West Africa has returned near surface and deeper high-grade gold intersections. Golden Hill Property - Prospect Location Plan Map C-Zone Prospect - Drill Plan C-Zone Prospect [...]
TORONTO, April 16, 2018 -- Teranga Gold Corp. is pleased to announce that it has concluded an agreement with various funds managed by Taurus Funds Management Pty Ltd. in respect of its previously announced secured development finance facility . The Facility includes the following: $165 million to be used towards funding the development of the [...]
Results include 6.78 g/t gold over 11 metres and 2.09 g/t gold over 27 metres at Peksou, and 6.46 g/t gold over 5 metres and 6.39 g/t gold over 6 metres at Ma North Golden Hill Property - Prospect Location Plan Map Peksou Prospect - Drill Plan Peksou Prospect - Representative Drill Section Peksou Prospect - Representative Drill Section Ma Prospect [...]
Secures additional $25 million for future advancement of Golden Hill Project to feasibility study TORONTO, March 12, 2018 -- Teranga Gold Corp. is pleased to announce the receipt of a commitment letter from Taurus Funds Management Pty Ltd. setting forth a secured development finance facility . The Facility includes provision for the following: $165 [...]
TORONTO, Feb. 27, 2018 -- Teranga Gold Corp. is pleased to announce that ongoing, early-stage drilling has intersected additional high-grade, near surface and deeper gold mineralization at its newest discovery, Jackhammer Hill, situated on the Golden Hill property in Burkina Faso, West Africa. Golden Hill Plan Map, Burkina Faso Drill Plan [...]
TORONTO, Feb. 23, 2018 -- Teranga Gold Corp. today reported its financial and operating results for the three and twelve months ended December 31, 2017. “2017 was a pivotal year for Teranga. We realized a number of key operating and development milestones in our path towards achieving diversified mid-tier production status,” said [...]
TORONTO, Feb. 01, 2018 -- Teranga Gold Corp. is pleased to announce that early-stage drilling continues to yield high-grade, near-surface and deeper gold mineralization at its Golden Hill property in Burkina Faso, West Africa. Teranga has an earn-in agreement on Golden Hill with Boss Resources Ltd. pursuant to which Teranga, as operator, can earn a [...]