Mako Gold has found high-grade gold in first pass RC drilling at the Gogbala South prospect at its flagship Napié Project in Côte d’Ivoire.

The assay results are from 22 holes at Gogbala South target, which is the first of four targets to be drilled out of the 15 multi-kilometre-long targets identified during a recent auger drill program.

Best intercepts include:

  • 6m at 6g/t Au from 62m, including 1m at 16.78g/t Au from 62m, and 1m at 15.20g/t Au from 65m (NARC778);
  • 9m at 1.39g/t Au from 79m, including 2m at 3.02g/t Au from 79m, and 2m at 2.45g/t Au from 86m (NARC776);
  • 1m at 8.70g/t Au from 68m (NARC767);
  • 5m at 1.33g/t Au from 69m (NARC784); and
  • 4m at 1.47g/t Au from 1m (NARC783).

Gold mineralisation remains open in all directions with significant growth potential with follow-up RC and diamond drilling (DD) planned focus on shallow drilling to define the mineralised zones within 100m of surface, down-dip of mineralisation, as well as along strike.

Drill results from the other three targets are expected in the coming weeks.

 

Strong potential for resource expansion

The company says the very wide spaced drilling has delineated gold mineralisation over 1.6km strike length which shows strong potential for resource expansion at the Napié Gold Project.

“Considering that spacing of drill fences is 400m, we consider this to be a very good start for Gogbala South and are looking forward to further drilling to extend mineralisation along strike and at depth,” Mako Gold (ASX:MKG) MD Peter Ledwidge said.

“The Gogbala South target is the first of four targets for which we have received results, out of 15 targets identified from our recent auger drilling.

“These results bring us one step closer in our goal to expand our current ‘proof of concept’ 868koz maiden resource, in line with our near-term goal of outlining a multi-million ounce gold camp at Napié.”

Once all assays are received for the four targets, further RC and DD drilling is planned in strategic locations to extend mineralisation along strike and at depth.

 

 

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.

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