Mako’s multi-million oz ambition bolstered by new high-grade gold find at Komboro
Barely a month out from defining a maiden 868,000oz gold resource at the Tchaga and Gogbala deposits, Mako has made a new high-grade discovery at the Komboro prospect.
Multiple shallow reverse circulation hits such as 9m grading 3.26 grams per tonne (g/t) gold from 67m including 1m at 30.47g/t gold from 86m (NARC741) further validates the company’s strategy to grow the Napié gold project in Côte d’Ivoire.
Mako Gold (ASX:MKG) noted that the untapped potential of the northern part of the permit was highlighted by the drill program, which returned significant gold values from six of the seven targets drilled at the prospect.
This is potentially very exciting as Komboro is a large-scale regional prospect located on a +23km soil anomaly and coincident splays associated with the 30km‐long Napié Fault.
“We are thrilled with the results of our new discovery at the Komboro Prospect as it has confirmed the presence of significant mineralisation at a fourth prospect on the Napié project,” managing director Peter Ledwidge said.
“The drill results validate the company’s growth strategy of identifying new areas for potential resource delineation following the recent delivery of the 868,000 oz Inferred maiden MRE at Tchaga and Gogbala.
“We look forward to drilling more extensively along the 9km‐long intermittent artisanal mining sites at the end of the wet season.”
The 23-hole drill program totalling 2,824m returned intriguing results from the K1 target including the top hit and the K2 target about 3km to the east with a 5m intersection at 1.64g/t gold (NARC 753).
Targets were identified from aircore drilling that had returned results such as 4m at 1.93g/t gold, 4m at 1.2g/t gold and 4m at 1.1g/t gold along with geological mapping and rock chip sampling.
Most holes were drilled on artisanal mining sites with large quartz veins which can be intermittently traced over 9km, as well as on other smaller artisanal sites that were identified during recent geological mapping.
Mako says the results from K1 and K2, which are located along separate splay structures off the Napié shear, highlight the prospectivity in the north of Napié as testing has only just begun.
Further drilling will follow the end of the wet season and will focus along strike of targets that have delivered positive results as well at other targets along the 9km‐long intermittent artisanal mining sites.
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.