Mako Gold spots shallow gold in scout drilling at Napié

MKG flags shallow high grade gold at Tchaga North prospect
1,2000m of RC Scout drilling covered three targets
Company confident of adding ounces to current 868,000oz resource

Special Report: Mako Gold’s scout drilling program at the Tchaga North prospect on the flagship Napié project in Côte d’Ivoire has returned shallow high-grade gold.

The 1,200m reverse circulation (RC) drill program returned gold at the Deep Artisanal Mining Site target of 7m at 5.39g/t gold from 87m, including 1m at 31.15g/t gold from 93m along same southwest trend as previous rock chip sampling up to 76g/t gold – which confirms a 1.2km-long mineralised corridor.

At the Discovery Zone target, the drilling returned:

6m at 1.74g/t gold from 11m, including 1m at 8.70g/t gold from 15m (NARC844); and
2m at 1.83g/t gold from 65m, within a broad mineralised envelope of 33m at 0.33g/t gold (NARC843).

Several trends of gold mineralisation have been observed with gold intersected in both current drilling of east west structures, where trenching returned 4m at 3.97g/t Au, including 1m at 14.8g/t gold, and previous drilling of north-south structures – where results included 8m at 8.53g/t Au in another hole, 1m at 215g/t gold.

1.2km mineralised corridor to drill

Mako Gold (ASX:MKG) says this confirms the prospect as a high-grade target for further drilling.

“The results returned from the 1,200m scout drilling program confirms Tchaga North as one of the zones to focus on for adding potential ounces to our current 868,000oz maiden resource,” managing director Peter Ledwidge said.

“There is little to no outcrop at Napié, therefore the confirmation of high-grade gold in drill holes at various prospects within Tchaga North provides a good starting point for further drilling at depth, and along strike.

“Of particular interest is the Deep Artisanal mining site where the southeasterly direction of the workings returned strong drill results which align with previous high-grade rock chip samples with values up to 76g/t gold.

“This has delineated a 1.2km mineralised corridor which warrants further drill testing.”

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.