Mako Gold Limited (ASX:MKG) has received positive assay results from the recent shallow Reverse Circulation (RC) drilling programme from the Komboro Prospect, within the company’s flagship Napié Project in Côte d’Ivoire.
Komboro is located on a +23km soil anomaly and coincident 30km‐long Napié Fault and associated splays.
Results have also been received from the shortened maiden RC drill program on the Korhogo Project.
“We are thrilled with the results of our new discovery at the Komboro Prospect asit has confirmed the presence of significant mineralisation at a 4th prospect on the Napié Project,” Managing Director, Peter Ledwidge, said.
“The drill results validate the company’s growth strategy of identifying new areas for potential resource delineation following the recent delivery of the 868koz Inferred maiden MRE at Tchaga and Gogbala. We look forward to drilling more extensively along the 9km‐long intermittent artisanal mining sites at the end of the wet season.”
Results have been received from 23 shallow RC holes from a 2,824m drill programme recently completed at Komboro Prospect.
The location of the Komboro Prospect is located in close proximity to Tchaga and Gogbala, where the company recently announced a maiden Inferred Mineral Resource of 22.5Mt at 1.20g/t Au for 868k contained ounces gold.
Seven targets were drilled with six of the seven targets intersecting significant mineralisation. Drill results include 9m at 3.26g/t Au, including 3m at 7.29g/t Au and, separately 1m at 30.47g/t Au in NARC741, as well as 1m at 8.41g/t Au in NARC 743 from the previously undrilled K1 Target.
Drilling at the K2 Target located on a separate structure 3km to the east, intersected 5m at 1.64g/t Au in NARC 753.
Targets were identified from recent Air Core (AC) drilling which include 4m at 1.93g/t Au, 4m at 1.20g/t Au, and 4m at 1.10g/t Au, and from geological mapping and rock chip sampling.
The majority of the holes were drilled on artisanal mining sites with large quartz veins which can be intermittently traced over 9km, as well as on other smaller artisanal sites, which were identified during recent geological mapping.
Mr Ledwidge said the highly encouraging results from K1 and K2, located along separate structures and which are splays off the Napié shear, points to the enormous prospectivity in the north of Napié.
Testing of these areas has only just begun and further drilling is planned at Komboro following the end of the wet season. Drilling will focus along strike of targets which have delivered positive results as well at other targets along the 9km‐long intermittent artisanal mining sites.
The highest priority for follow‐up drilling is Target K1 where drill holes are planned along strike of positive results and also above and below NARC741.
For further information please visit: https://www.makogold.com.au/