Mako happy as the cat that got the cream after whipping up 4m at 101g/t gold at Tchaga North
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Mako Gold is reporting seriously positive results from its latest aircore drilling run, with samples returning numbers as high as 4m at 101g/t gold.
Mako Gold’s (ASX:MKG) Tchaga North and Komboro are high priority prospects located on a +23km soil anomaly, coincident with a 30km-long Napié Fault at Mako’s flagship Napié Gold Project in Côte d’Ivoire.
These latest aircore drilling results, totalling an average depth of 28m with all holes ending in the oxide zone, are in line with Mako’s strategy to identify new areas for resource drilling in hopes of discovering a multi-million-ounce deposit.
A 2km-long gold mineralised zone has been identified where AC drilling returned up to 4m at 101.31g/t gold and previous RC drilling by MKG in 2018 returned 8m at 8.53g/t gold and 1m at 215g/t gold with visible gold.
This zone lies 2km north of the Tchaga prospect, which continues to deliver district scale potential.
In addition, historic rock chip sampling in the 2km mineralised zone returned results which include 23.70g/t gold, 14.00g/t gold, 8.09g/t Au and 5.12g/t gold.
MKG managing director Peter Ledwidge says drilling has now kicked off at the Komboro prospect within the growing expanse of Napié.
Here, a 2,700m drilling program will test high-priority targets identified from AC drilling, geological mapping, and rock-chip sampling.
“Recent geological mapping has identified new and historic artisanal sites, which intermittently align over a 9km strike length, and will largely be the focus of our current drilling program at Komboro, underpinning our belief in the district scale potential at Napié”.
The upcoming maiden MRE at Tchaga and Gogbala is on schedule for delivery by mid-June of this year.
Mako’s plan following the MRE is to continue drilling the 7km section of the Napié Fault from the north end of Tchaga to the south end of Gogbala, where there are large undrilled zones, with the goal of growing the resource rapidly.
In conjunction with this, Mako is drilling at Komboro and plans to drill at Tchaga North with the aim of identifying new areas along the 30km-long Napié fault for resource drill-out.
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.