- Mako Gold (MKG) says 35 out of 39 drill holes at the Gogbala prospect have intersected wide, high-grade mineralisation
- The company is undertaking an ongoing reverse circulation program ahead of a maiden mineral resource estimate for the Napié project in Côte d’Ivoire
- The latest results include five metres at 12.02 gold within 17 metres at 4.13 g/t gold and reportedly offer upside potential to discover further mineralisation at depth
- MD Peter Ledwidge says the results confirm Gogbala’s prospectivity and will add potential ounces to the upcoming maiden MRE
- Mako shares were down 1.16 per cent to trade at 8.5 cents
Mako Gold (MKG) has received assays from reverse circulation (RC) drilling at the Gogbala prospect which is part of its flagship Napié project in Côte d’Ivoire.
Out of the 39 holes Mako received results for, 35 intersected significant, wide and high-grade mineralisation.
Better results include 17 metres at 4.13 g/t gold including five metres at 12.02 g/t gold, 10 metres at 3.35 g/t gold from 102 metres including one metre at 22.29 g/t gold from 103 metres, and five metres at 3.24 g/t gold from 118 metres including one metre at 8.17 g/t gold from 119 metres.
The holes were drilled over a two-kilometre-long area which will be the focus of extensional drilling for an upcoming maiden mineral resource estimate (MRE).
Mako Gold said the results were significant as intervals, such as 17 metres at 4.13 g/t gold, will add potential ounces to the MRE and offer upside potential to discover further
mineralisation at depth.
Additionally, Mako said that intersecting multiple zones of mineralisation confirms the similarities of the stacked lodes usually intersected at the Tchaga prospect. It therefore indicates the possibility of discovering more stacked zones with ongoing drilling at Gogbala.
“We are very pleased to be reporting on yet more good results from our extensional drilling program at the Gogbala prospect,” Managing Director Peter Ledwidge said.
“The ongoing positive drill results also confirms the prospectivity of the Gogbala prospect and will add potential ounces to the upcoming maiden MRE scheduled for Q2-CY22.”
Mako shares were down 1.16 per cent to trade at 8.5 cents on market close.