- Mako Gold (MKG) begins infill drilling priority targets at its Napié project in Côte d’Ivoire
- Five drill rigs are on site to complete the 8000-metre program, designed to “tighten up” the line and sample spacing undertaken in the first phase of drilling
- Mako Managing Director Peter Ledwidge says this work will focus on the highest-priority targets so the company can quickly transition to reverse circulation and diamond drilling
- MKG shares are trading at 4.4 cents at 10:30 am AEDT
Mako Gold (MKG) has begun infill drilling at priority targets within its Napié project in Côte d’Ivoire.
This new round of auger drilling has been designed to “tighten up” the line and sample spacing undertaken in the first phase of drilling from 400 metres by 100 metres to 200 metres by 50 metres.
Mako Managing Director Peter Ledwidge said the infill auger drilling was focusing on the highest-priority targets outlined in phase one drilling so the company could quickly transition to reverse circulation and diamond drilling at the targets.
“The infill auger grids cover the multi-kilometre mineralised trends highlighted at Tchaga North with over 10 kilometres of anomalies, as well as the anomalies immediately west and south of the Gogbala resource,” Mr Ledwidge said.
Five drill rigs are on site to complete the 8000-metre program. Mako is looking to kick off reverse circulation and diamond drilling as soon as the assay results are received from the phase two auger drilling.
Previous orientation auger drilling completed by Mako identified continuous auger anomalies over the current Tchaga and Gogbala deposits. From this work, the company determined auger drilling worked well in identifying gold mineralisation.
The priority areas include Tchaga North, where 11 kilometres of gold mineralisation was identified, and a 1.4 kilometre-long zone south of the Gogbala deposit that returned 55.9 grams per tonne (g/t) gold and 1.79 g/t gold in auger transition samples outside of the resource in an area of no previous drilling.
MKG shares were trading at 4.4 cents at 10:30 am AEDT.