15 Mar Mako Gold returns high grade intercepts from drill holes at Napié
ASX-listed explorer Mako Gold has reported high-grade intercepts from each of the final 10 diamond drill holes at the Tchaga Prospect within the company’s flagship Napié Project in Côte d’Ivoire.
In a press release, Mako described ‘significant mineralisation’ from all 10 holes, including 1 metre at 29.46 g/t gold within an interval of 4.5 metres at 6.92 g/t, and 2.2 metres at 23.49 g/t within a wider interval of 19.6 metres at 4.36 g/t.
The assay results at Tchaga, which is located on a +23 km soil anomaly parallel to the 30 km Napié Fault, will be included in the maiden mineral resource estimate (MRE) for the project, which is set to be published in Q2.
Mako will also incorporate results from another drilling cycle at the nearby Gogbala prospect into the upcoming MRE for Napié. The company is currently undertaking drilling at Gogbala.
“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,” said Mako managing director Peter Ledwidge.
“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.”