Mako Gold Limited (ASX:MKG) has received promising results from the 11,000m auger drilling programme on the Ouangolodougou and Korhogo Nord permits which constitute the Korhogo Project in Côte d’Ivoire.
The permits collectively cover 296 sq. km hosting 17km of faulted greenstone granite contact. Both permits are 100% owned by Mako and are readily accessible from the Mako Field Office.
Korhogo is located in a fertile greenstone belt that hosts Barrick Gold’s 4.9Moz Tongon gold mine and Montage Gold’s 4.5Moz Kone gold deposit, both in Côte d’Ivoire, as well as Endeavour’s 2.7Moz Wahgnion gold mine just across the border in Burkina Faso.
A maiden 2,000m RC drill program is planned on one of the first of several anomalies outlined by the 11,000m auger programme.
The auger gold anomalies are coincident with the soil anomalies and geophysical structural anomalies identified through Mako’s previous field work.
Four fences of heel to toe RC holes will be drilled (where the bottom of one hole when projected to surface is the collar of the next hole), covering approximately 900m of the highest auger anomalies.
Ongoing exploration at the Korhogo Project will consist of further RC drilling on other high priority targets, as well as additional auger drilling along the structural trends in order to extend current anomalies or discover new anomalies which would then be tested with RC drilling.
“We are pleased that the recently completed 11,000m auger drilling programme has returned large gold anomalies which pave the way for the imminent start of a maiden RC drilling programme at Korhogo,” Managing Director, Peter Ledwidge, said.
“The first target to be drilled is a 2km-long +20ppb gold auger anomaly with high grade cores over 60ppb Au, coincident with the faulted greenstone/ granite contact.
“We are highly encouraged by these coincident anomalies as this validates our motivation for acquiring these permits and increases the chance of the Company making another significant gold discovery.
“It is interesting to note the size of the footprint of the nearby 4.9Moz Tongon gold mine operated by Barrick, compared to the size of auger and structural anomalies on the Ouangolodougou and Korhogo Nord permits. This bolsters the company’s confidence that the Korhogo permits could host large gold deposits.”
For further information please visit: https://www.makogold.com.au/
