Mako Gold Limited (ASX:MKG) has received high-grade assay results from a major drilling programme at the company’s flagship Napié Project in Côte d’Ivoire.
The company has received results from 32 reverse circulation (RC) and diamond drilling (DD) holes from the 10,000m drilling programme at the Gogbala Prospect, and seven RC/DD holes from the ongoing 10,000m drilling programme at the Tchaga Prospect
Gogbala and Tchaga are located on a +23km soil anomaly and coincident 30km-long Napié Fault.
Several high-grade intervals were intersected with 20 holes intersecting significant mineralisation including 9m at 3.77g/t Au in NARC579, 6m at 5.37g/t Au in NARC569 which include 3m at 9.61g/t Au, and 1m at 28.93g/t Au in NARC584.
The best results were returned from extensional drilling along strike or below previous positive drill intersects, which extends the mineralised zones. Extensional drilling is ongoing to follow up on these and other previous results.
Managing Director, Peter Ledwidge, said it is noteworthy that some IP chargeability anomalies were also tested with the hopes of intersecting pyrite- associated gold. No significant results were returned from those targets.
Mt Ledwidge said this in no way reduces the prospectivity of the Gogbala Prospect proximal to the D1 Napié fault and +40 ppb soil anomaly where wide and high-grade gold intercepts have been consistently returned. Further drilling is planned to extend the fences SE into the soil anomaly.
Current drill results confirm the similarities with the Tchaga Prospect which hosts stacked high-grade gold lodes and increases the Company’s confidence as Mako advances Gogbala towards a maiden MRE.
“We are very pleased with the ongoing outstanding results from our drilling programs at both the Gogbala and Tchaga prospects at Napié. We are highly encouraged by the drill results which will add potential ounces to the upcoming maiden Mineral Resource Estimate (MRE) scheduled for H1CY22,” Mr Ledwidge said.
“Tchaga drilling has focussed on extensional drilling which will bolster the MRE, while Gogbala drilling is testing new targets as well as extensional drilling to increase the size of the upcoming MRE.
“Drilling on both Tchaga and Gogbala resumed on 4 January after a short break for the holiday season. We look forward to providing further results as assays are received.”
For further information please visit: https://www.makogold.com.au/
