Mako Gold Limited (ASX:MKG) has discovered high-grade gold in its first RC drilling at the Gogbala South Prospect at its 90% owned flagship Napié Project in Côte d’Ivoire.
The company has now received initial assays from the first pass wide spaced 10,000m drilling programme.
Assay results are from 22 holes at the Gogbala South target, which is the first of four targets to be drilled out of the 15 multi-kilometre-long targets identified during our recent auger drill programme.
The Gogbala South target is situated along the 30km-long Napié Shear, which hosts the Tchaga and Gogbala deposits, both of which constitute the maiden resource of 868koz at 1.2 g/t Au.
“The maiden drilling programme at Gogbala South has returned some highly encouraging results. Considering that spacing of drill fences is 400m, we consider this to be a very good start for Gogbala South and are looking forward to further drilling to extend mineralization along strike and at depth,” Managing Director, Peter Ledwidge, said.
“The Gogbala South target is the first of four targets for which we have received results, out of 15 targets identified from our recent auger drilling.
These results bring us one step closer in our goal to expand our current ‘proof of concept’ 868koz maiden resource, in line with our near-term goal of outlining a multi-million ounce gold camp at Napié.”
Wide and high-grade gold mineralization was intersected, including 6.0m at 6.00g/t Au, which includes 1.0m at 16.78g/t Au, and 1.0m at 15.20g/t Au in NARC778, 9.0m at 1.39g/t Au, including 2.0m at 3.02g/t Au and 2.0m at 2.45g/t Au in NARC776, and 1.0m at 8.70g/t Au in NARC767.
Follow-up RC and diamond drilling (DD) will focus on shallow drilling to define the mineralized zones within 100 metres of surface, down-dip of mineralization, as well as along strike.
Gold mineralization remains open in all directions with significant growth potential with further drilling.
Limited previous drilling (only six holes) drilled north of Gogbala South intersected high-grade mineralization, the best of which returned 6.0m at 5.05g/t Au. These holes were included in the Mineral Resource Estimate (MRE) and contributed 20koz of gold to the resource.
Napié Project – Next Steps
• Gogbala South drilling consists of 22 drill holes of a planned 80 holes on the four targets. Results from the other targets will be announced as they are received, providing steady news flow over the coming weeks.
• Drilling has been completed on all four targets. Once all assays are received, further RC and DD drilling is planned in strategic locations to extend mineralization along strike and at depth.
Korhogo Project – Manganese Drilling
Drilling has been completed on the Korhogo Project along the two seven km-long manganese-rich units and the samples are being prepared for shipment for analysis.
For further information please visit: https://www.makogold.com.au/
