Mako Gold Limited (ASX:MKG) has commenced a 15,000m Aircore drilling programme on the Komboro and Tchaga North Prospects at the company’s flagship Napié Project in Côte d’Ivoire.
Tchaga North is located on a +23km soil anomaly and coincident 30km-long Napié Fault and associated fault splays.
Komboro is located on the same 30km fault and associated fault splays coincident with a 4km soil/auger anomaly. At Komboro the structure takes a jog from the NE to the NEE which may indicate dilational zones that are conducive to gold deposition
“We are excited that we launched a scout Aircore drilling program on regional targets at the Napié Project,” Managing Director, Peter Ledwidge, said.
“Drilling AC fences allows us to cost-effectively test larger areas with the aim of making new discoveries on Napié.
“We are well funded to follow up anomalous zones with reverse circulation drilling to advance quickly to the resource stage, as part of our strategy to increase our mineral inventory post maiden Mineral Resource Estimation scheduled in Q2-CY22.
“We currently have an RC rig operating at Gogbala with a DD rig expected on-site soon. This is in addition to the AC rig which just started at Komboro and Tchaga North, (all on the Napié Project), and two auger rigs on the Korhogo Project.”
Drillhole fences are strategically placed over high-priority targets. Targets were generated based on anomalous data from previous exploration which includes soil/auger geochemistry, structures identified from geophysical interpretation, rock chip assays, and RC/DD drilling by the company.
Heel to toe fences (where the bottom of one hole when projected to surface is the collar of the next hole), ranging from 300 to 600m in length, cover the exploration targets.
The purpose of the programme is to make new discoveries in previously undrilled areas of the Napié permit and then to follow these up with RC drilling.
The longer-term objective, assuming AC and RC drilling identify new mineralised zones, is to define resources on newly discovered zones thereby adding mineral inventory and enabling Mako to update its MRE subsequent to the maiden MRE scheduled for Q2-CY22.
This is in line with the Company’s strategy to discover several deposits along the 30km Napié Fault with the goal of outlining several million ounces of gold in the near-term.
For further information please visit: https://www.makogold.com.au/
