Stunning, granular detail: Mako Gold hoists Napie resource with hits up to 22 g/t gold & adds third drill rig
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Mako Gold’s Gogbala prospect at the Napié Project in Côte d’Ivoire has returned multiple, wide, high-grade results
The new holes were drilled in the 2km-long high-priority area which is the focus of extensional drilling for the upcoming maiden mineral resource estimate scheduled for Q2.
Drilling highlights include:
17m at 4.13 g/t gold from 57m, including 5m at 12.02 g/t gold from 62m;
10m at 1.63 g/t gold from 69m;
10m at 3.35 g/t gold from 102m, including 1m at 22.29 g/t from 103m; and
2m at 12.89 g/t gold from 50m.
Mako Gold (ASX:MKG) managing director Peter Ledwidge says the company is particularly pleased that 35 of 39 holes drilled returned significant gold results.
“Three of the four holes with no significant results were RC pr-collars which we will diamond tail to reach the target depth,” he said.
“The high success rate of our drilling indicates that our exploration team has a thorough understanding of the deposit at Gogbala, which will contribute to resource growth both pre and post MRE.”
These latest results were significant for a couple reasons.
Firstly, mineralised intervals such as 17m at 4.13g/t gold are from extensional drilling – meaning new zones along strike or below previous positive drill result, which will add potential ounces to the upcoming MRE.
The extension of mineralisation along strike at shallow depths also indicates upside for discovery of further mineralisation at depth while multiple zones of gold continue to be intersected like at NARC651, which returned 10m at 1.63g/t gold and 10m at 3.35g/t gold.
A third drill rig is currently being mobilised to the Gogbala Prospect to accelerate drilling for the upcoming maiden MRE and is set to arrive on site within two weeks.
There is currently one RC rig and a DD rig operating around the clock – the RC rig will target shallow extensional targets while the DD rigs will drill deeper holes with the aim of increasing the resource 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.