Mako Gold Limited (ASX:MKG) has received high-grade assay results from the final 10 diamond drill (DD) holes at the Tchaga Prospect, within the company’s flagship Napié Project in Côte d’Ivoire.
Tchaga is located on a +23km soil anomaly and coincident 30km-long Napié Fault
Highlights
Significant mineralisation was intersected in all 10 holes drilled at Tchaga, with deep high-grade results returned such as 19.6m at 4.36g/t Au in NARC621DD, and 4.5m at 6.92g/t Au which includes 1m at 29.46g/t Au in NARC512DD.
Managing Director, Peter Ledwidge, said the company is highly encouraged by the results from deeper DD as this will extend the mineralised zones at depth which should increase the size of the upcoming maiden MRE. In addition, this highlights the potential for extending the resource post the maiden MRE with further drilling at depth.
“We are pleased with the results from our extensional deep diamond drilling at the Tchaga Prospect, especially since all 10 holes intersected significant gold mineralisation.
“Gold mineralisation is shown to be open at depth, indicating that post maiden MRE, there will be the option to extend the resource at depth at Tchaga, thereby increasing the size of the resource. Extensional drilling is ongoing at Gogbala with two drills working around the clock, as we gear up for the upcoming MRE.”
Significant results from previous drilling at Tchaga include: 41m at 4.51g/t Au from 17m in NARC216 o 32m at 7.1g/t Au from 13m in NARC184; 13m at 20.82g/t Au from 32m in NARC145; amd 36m at 3.09g/t Au from 43m in NARC107DD o 28m at 4.86g/t Au from 83m in NARC057.
New results highlights:
The latest results are significant for several reasons.
1) The mineralised intervals, such as 19.6m at 4.36g/t Au which includes 2.2m at 23.49g/t Au, and 4.5m at 6.92g/t Au which includes 1m at 29.46g/t Au, are from extensional drilling and will add potential ounces to the upcoming MRE.
2) Several drill holes intersected multiple zones of gold mineralisation, such as NARC559DD which intersected more than 15 gold zones with an aggregate width and grade of 63m at 1.25g/t Au. Multiple zones have been intersected on Tchaga in previous drilling with low and high-grade zones. This indicates that in a potential mining scenario stripping ratios may be advantageous.
3) The “pinch and swell” nature of mineralisation demonstrates that drilling can intersect the wider and sometimes higher-grade part of the pinch and swell deeper down, which can have positive effects on a MRE when attempting to extend mineralisation at depth.
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