Mako Gold’s got drill rigs testing four stand-out targets at Napie
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Mako has started a 10,000m reverse circulation drilling program on the company’s Napié project in Côte d’Ivoire on some of the best targets identified from a recent auger drill program.
Drilling will target four of the 15 multi-kilometre long anomalies situated along the 30km-long Napié Shear, which hosts the Tchaga and Gogbala deposits, both of which constitute the maiden resource of 868koz at 1.2 g/t gold.
Mako Gold (ASX:MKG) plans to intersect significant widths, lengths and grades of gold mineralisation to discover deposits equal to or larger than Tchaga, where Mako has already defined 545koz Au within its maiden resource.
All targets except for the Tchaga Western Extension Target, host new artisanal mining sites. Mako views artisanal mining sites as areas of significant gold anomalies since artisanal miners only mine gold they can see without the aid of a hand lens.
So far, drilling has commenced on the Gogbala South target with two rigs.
MKG managing director Peter Ledwidge says by drilling the first four of these targets, the company is embarking on the first step of its goal to expand the “proof of concept” maiden resource.
“This is line with our near-term goal of outlining a multi-million-ounce gold camp at Napié,” he says.
“We are excited to be commencing the RC drilling program and hope to intersect significant gold mineralisation on the first of many new targets to discover more deposits equal to or larger than Tchaga.”
Assay turnaround times are roughly three to four weeks, once all assays are received diamond drilling will be planned in strategic locations.
The diamond drilling will test between the 400m-spaced fences and will provide important structural information for resource estimates.
Mako says the program will continue during the wet season and provide regular ongoing exploration updates and newsflow.
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.