Expands Mineralisation With Further High-Grade Results In Côte d’Ivoire
Mako Gold Limited (ASX:MKG) has received further positive assay results from the latest reverse circulation (RC) and diamond drilling (DD) holes from the ongoing drilling programme at the Tchaga Prospect at the Company’s flagship Napié Project in Côte d’Ivoire, West Africa.
Managing Director, Peter Ledwidge, said the current results, including 17m at 3.06g/t Au in NARC404DD and 9.85m at 6.63g/t Au in NARC419DD, validate the company’s methodical approach of infill drilling as well as drilling along-strike, and down-dip of previously identified mineralised lodes. This increases the footprint of each lode and targets new lodes, with the aim of delivering a significant Maiden Mineral Resource Estimate later this year.
Multiple stacked lenses extend in a northeast-southwest direction. To date the drilling has been concentrated in the eastern portion of the 1.8km x 0.5km wide Tchaga soil anomaly.
All mineralised lodes remain open along strike to the north-east and the south-west, as well as at depth. Significant potential exists to extend the mineralisation by drill testing more of the soil anomaly, as well as testing the emerging lodes intersected in drilling to the north and south of existing lodes.
“The footprint of the Tchaga Project continues to expand as exploration progresses with further high-grade drill intersections and new largely untested lodes that have been defined,” Mr Ledwidge said.
“The deeper high-grade results reported are significant as these confirm the high-grade shoots within the broader mineralised envelope on multiple cross-sections.
“The confirmation of these high-grade intercepts at depth increases confidence in Mako being able to deliver a robust Maiden Mineral Resource Estimate with gold mineralisation present from surface to the base of a conceptual pit.
“Drilling is ongoing at Tchaga to further extend the strike-length of known mineralised lodes as well as the newly identified lodes.
“We look forward to providing constant news flow with our drilling progressing well and assay turnaround times back on track now that we are utilising two assay laboratories.”
