Mako Gold Limited (ASX:MKG) has commenced a 2,000m maiden RC drilling programme at the Korhogo Nord Permit which, with the Ouangolodougou Permit constitute the Korhogo Project in Cote d’ivoire, West Africa.
The permits collectively cover 296 sq. km2 hosting 17km of faulted greenstone granite contacts. 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.
“Mako is in the privileged position to be able to commence a maiden drilling campaign on its second project, whilst finalising its MRE on its flagship Napié Project,” Managing Director, Peter Ledwidge, said.
“This leverages the core skillset of the management team; namely making discoveries on highly prospective greenfield projects in West Africa.
“The commencement of drilling at Korhogo marks an important milestone in the growth of the Company as we progress to the drilling phase on the project.
“Our previous work at Korhogo has culminated in the identification of several high-priority targets.
“We are pleased to commence drilling on the first target, a 2km-long +20ppb gold auger anomaly with high grade cores over 60ppb Au, coincident with a faulted greenstone/ granite contact. We look forward to announcing results from drilling at Korhogo as well as Napié, where we have completed our drilling ahead of the upcoming MRE.”
Previous work completed by Mako includes airborne magnetics/ radiometric geophysics, soil geochemical sampling, and the recent 11,000m auger drilling programme.
Interpretation of the results on these previous programs has identified several high-priority targets. The maiden drilling program will focus on the first target, a 2km-long +20ppb gold auger anomaly with high grade cores over 60ppb gold, coincident with the faulted greenstone/ granite contact.
Drilling has commenced on the first of four fences of heel to toe RC holes (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.
Napié Project
The company has also completed resource drilling at Gogbala and Tchaga at its flagship Napié Project and that drill data is being transferred to our specialist consultants for the calculation of the maiden Mineral Resource Estimate (MRE).
The Napié Project remains Mako’s primary focus and the MRE is on-track for delivery in June 2022. The Company sees exceptional growth potential at Napié. Mako’s longer term plan following the maiden MRE is to continue drilling with the aim of outlining a multi-million-ounce deposit at Napié.
For further information please visit: https://www.makogold.com.au/
