Mako Gold has broken out the big guns, kicking off a 25,000m auger drill program in Côte d’Ivoire. Pic via Getty Images.
Drill program at Napié project augurs well for Mako Gold
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The return of dry weather in Côte d’Ivoire has brought with it multiple rigs to conduct Mako Gold’s 25,000m auger drill program at its projects in the country.
Auger drilling will attempt to vector in on mineralised deposits which have the same auger signature or “footprint” as the Tchaga and Gogbala deposits to identify the next resource target.
Identifying new gold targets using auger drilling reduces the amount of more expensive reverse circulation and diamond drilling required to advance and accelerate resource growth.
Mako Gold’s (ASX:MKG) geology team is also mapping granites on its Napié and Korhogo projects to locate greenstone/granite contacts and potential pegmatites.
“The large multi-rig auger drilling program will provide a very useful tool to narrow down the large soil anomalies at Napié for further resource drilling and should help to unlock the district scale multi-million-ounce potential of the Napié Project,” managing director Peter Ledwidge said.
He explained that auger drilling is more cost effective than a fence of RC holes in finding footprints of other deposits similar to Tchaga or Gogbala across soil anomalies that can be up to 2km wide.
“The first phase of the program will include orientation auger drilling over Tchaga and Gogbala to identify the auger footprints for these deposits, following the recent delivery of the 868,000oz Inferred maiden MRE at Tchaga and Gogbala,” Ledwidge added.
“Auger drilling will then proceed on selected grids to identify the “sweet spot” for future RC resource drilling.”
Napié Project
The Napié project hosts a +23km soil anomaly and coincident 30km long Napié shear and associated splays.
Historical auger drilling on certain portions of the permit have outlined anomalies associated with shears and faults at Napié.
Phase 1 of the company’s auger drill program will begin with 400m spaced lines with samples collected every 100m along the line.
The phase 2 infill program will consist of 200m spaced lines with samples collected every 50m from prospective areas identified in Phase 1
An RC drilling program will be planned on the best auger anomalies to prioritise the next resource drill targets.
This article was developed in collaboration with Mako Gold, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
