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• Shares of Australia's Turaco Gold rise as much as 6.7% to A$0.635, hitting highest since April 28
• Gold exploration co says initial drilling at Woulo Woulo deposit in south-east Côte d'Ivoire confirmed significant depth extensions to mineralisation, with higher-grade gold intersected
• About 4.7 million shares trade hands, about 1.8x 30-day average
• Stock down 25.8% YTD, including session's moves
(Reporting by Subhalakshmi Dey in Bengaluru)