Half Year Accounts
Half Year Accounts
Perth, Mar 15, 2016 AEST (ABN Newswire) - Taruga Gold Ltd (ASX:TAR) directors are pleased to provide the financial report of the Group for the half-year ended 31 December 2015.

Project Overview

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 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 Ltd
T: +61 8 9486 4036
E: admin@tarugagold.com.au
WWW: www.tarugagold.com.au

Related Companies

Taruga Minerals Limited
Resolute Mining Limited     
Newcrest Mining Limited        

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