Perth, June 10, 2015 AEST (ABN Newswire) - Taruga Gold Limited (ASX:TAR) MD Bernard Aylward is interviewed by ABN Newswire regarding the company activities in West Africa, including a recent investment by Sprott Inc, and a US$3 Million Joint Venture with Resolute Mining Ltd (ASX:RSG).

Presentation Highlights:

Growth Strategy

- Identification and Acquisition Highly Prospective Landholding of Projects

- Joint Venture with Resolute Mining Ltd for 3 Cote d'Ivoire concessions (US$3M spend over 4 years to earn 75%)

- Identifying Additional Joint Venture opportunities to enhance shareholder value

- Project Portfolio with advanced projects in Mali with High Grade Drill Intersections and Extensive landholding in Cote d'Ivoire

Value Proposition

- Experienced Management and LocalExpertise - Ability to gain projects

- Completion of Joint Ventures and Assessment of Opportunities

- Fast moving to take advantage of opportunities

- Highly Experienced in the West African Gold Region

$1 Million Placement Completed

Announced $1M placement and SPP

- Sprott Inc. (TSE:SII) subscribed to $500,000 subject to shareholder approval

- Support from existing major shareholders

- New sophisticated investors entering register

Sprott Rationale

- Belief in West Africa as rich gold province

- Gold focused investment group

- Positive towards company due to our ground position, early stage exploration programs and Joint Venture agreements

- Acknowledge Exploration focus and activity with low corporate overheads

Resolute Joint Venture

- Expenditure of US$3 Million to earn 75% in 3 concessions

- Exploration activity commences

- geochemical sampling and geological mapping.

- In event of discovery, Taruga free carried through to completion of Feasibility

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About Taruga Minerals Limited

Taruga Minerals LtdTaruga 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 Gold Limited
Bernard Aylward
T: +61-8-9222-5800
F: +61-8-9222-5810
E: admin@tarugagold.com.au
WWW: www.tarugagold.com.au

Related Companies

Taruga Minerals Limited
Sprott Inc.
Resolute Mining Limited     

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