(Ecofin Agency) - Toro Gold Ltd, registered mining company of Guernesey, published on November 10, an update on its exploration activities for gold in Côte d’Ivoire that shows very encouraging results.

For the four exploration permits where it is in joint-venture with the Australian firm Predictive Discovery, Toro says its exploration team has made an excellent start making rapid progress.

This includes the delineation of a series soil anomalies up 5 km in the Kokoumbo permit and the discovery of Nyangboue 5.7 km-long gold-in-soil anomaly within an overall 14 km zone of anomalous soils in the Boundiali permit.

The company who focuses on Africa and has the Mako project in Senegal as its most important asset also reports the discovery of a 3.5 km long gold-in soil anomaly in the Ferkessedougou permit, Côte d’Ivoire.

“We are now aware that there are three large in-soil anomalies in Kokoumbo, Boundiali and Ferkessedougou. The two others were already known,” said Paul Roberts, Predictive’s MD, who highlights that Toro Gold is making great progress in their joint-venture permits.

Toro Gold Ltd, who also has assets in Gabon, is in partnership with Predictive Discovery who holds in Côte d’Ivoire the Ferkessedougou, Boundiali, Kokumbo and Kounahiri permits covering an area of 1,534 km2.