Taruga is a West African focused gold explorer that has compiled, and is currently compiling, a diverse portfolio of exploration projects within the Birimian geology of West Africa. This region is at present one of the world’s great gold districts and has had a significant rate of discovery and development on new gold mines over past decades. Taruga’s projects have been carefully selected by the Company and are to include the Kossa Project in Niger, the Ducie Project in Northwest Ghana and the Mangkono and Tortiya projects in Cote d’Ivoire.
The majority of funds raised under the Prospectus are intended to be applied to systematic exploration programs designed to delineate new mineral resources as rapidly as possible.
The Kossa Project in Niger is our lead project and the Company is planning significant drilling campaigns as well as auger geochemical surveys as detailed in the Independent Geological Report in Section 4 of the Prospectus.