Mako Gold Limited (ASX: MKG) has received the remainder of assays from a recent 10,000m RC drill programme completed on the company’s flagship Napié project, Côte d’Ivoire.
The assay results received are from 11 holes at the Tchaga West target, one of the first of four targets to be drilled out of the 15 large targets identified during the company’s recent auger drill programme.
Managing director, Peter Ledwidge, commented, “We are very excited to have discovered high-grade gold on several new prospect areas which were identified as high priority targets following our recent 25,000m auger drilling programme.”
The Tchaga West target is situated along the 30km-long Napié Shear, which hosts the Tchaga and Gogbala deposits, which together constitute the maiden resource of 868Koz at 1.2g/t Au.
Wide and high-grade gold mineralization was intersected, including 6m at 6.03g/t Au, which includes 1m at 15.16g/t.
The discovery of high-grade gold mineralization 200m west of the Tchaga resource is encouraging for Mako, pointing to great potential resource expansion, given the drilling was very shallow with mineralization encountered less than 100m from surface.
Mr. Ledwidge continued, “Considering the very wide-spaced drilling with spacing of drill fences at 400m, intersecting gold mineralization on one or more sections is highly encouraging. We also see great potential for further gold zones to be found at Napié, given the result reported today represent only four out of 15 targets identified from our recent auger drilling.”
Gold mineralization remains open in all directions with significant growth potential with further drilling.
Mako Gold will commence diamond drilling shortly to target high-grade extensions of new gold mineralization identified in the drilling programme, and to collect structural data.
Additionally, future RC drilling is planned to close the 400m gap between fences, as the company looks to expand our current 868Koz maiden resource at Napié.
To find out more please visit www.makogold.com.au
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