Mako Gold’s RC drilling at its Gogbala prospect at the Napié project in Côte d’Ivoire has hit two new mineralised zones outside of the current resource.

Notable intersections include:

  • 7m at 1.26 g/t gold from 22m, and 4m at 14.78 g/t from 93m, including 2m at 27.83 g/t Au from 93m;
  • 6m at 5.05 g/t from 79m, including 1m at 12.18 g/t from 80m and 1m at 10.71 g/t from 82m; and
  • 6m at 4.28 g/t from 63m, including 1m at 14.65 g/t from 68m.

Excitement has been tickled by one of the zones at the intersection of a cross-cutting structure with the main Napié Fault – the perfect presentation of a potential dilational zone.

Dilational zones are commonly regarded as traps for gold mineralisation and the company says this one is fascinating in its potential, with further drilling to the north and south and at depth, to expand the mineralised zone and increase the resource.

Pathways for resource growth beyond MRE

The other zone also includes more than 1km of undrilled Napié Fault – which provides pathways for resource growth following the maiden Mineral Resource Estimate (MRE) scheduled for Q2-CY22

“It is highly encouraging that 36 of the 43 holes drilled returned significant gold results and we are consistently achieving a high success rate in our drilling,” Mako Gold (ASX:MKG) MD Peter Ledwidge said.

“Mako management recently travelled to the projects in Côte d’Ivoire, and are extremely pleased with the high calibre and performance of the exploration team.

“Our inspection of the drill core and RC chips as well as our field visits to the Napié and Korhogo projects continue to underline the potential to further expand inventory at Mako’s projects.”

Mako Gold ASX:MKG

Pic: New (yellow) and previous (white) gold intercepts on +40ppb soil geochemical anomaly – The red ellipses highlight two emerging mineralised zones.

Drilling ongoing at Napié

Drilling is ongoing with an RC and a DD rig operating around the clock.

The company also expects to receive AC drilling results from Tchaga North and Komboro prospects soon, with RC scheduled to commence shortly,

But what has Ledwidge’s team pumped on a Tuesday are the spanking new incoming results from auger drilling at the Korhogo project, with a maiden RC drilling program to follow.

Anticipation is high. Korhogo has had no previous drilling and the greenstone belt is host to several large gold deposits – including Barrick’s operating Tongon Gold Mine (4.9Moz gold).

That wait is almost over.

 

 

This article was developed in collaboration with Mako Gold Limited, 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.