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Mako Gold (ASX:MKG) - Managing Director, Peter Ledwidge
Managing Director, Peter Ledwidge
Source: Mako Gold
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  • Mako Gold (MKG) intersects up to 174.60 grams of gold per tonne (g/t) from the Tchaga Prospect in Côte d’Ivoire
  • Results have been received from 21 reverse circulation holes will all recording significant gold mineralisation
  • The 174.60g/t gold result is the highest single-metre assay for Lodes 2 and 3 with it increasing the widths of the lodes to more than 300 metres
  • Mako is currently drilling the Gogbala Prospect to target similar style lodes to those at Tchaga
  • Shares in Mako are up 3.37 per cent on the market and are trading at 9.2 cents at 11:24 am AEST

Mako Gold (MKG) has intersected up to 174.60 grams of gold per tonne (g/t) from the Tchaga Prospect.

Tchaga is part of the 225 square kilometre Napié Project in Côte d’Ivoire which lies 30 kilometres southeast of the city of Korhogo.

Results have been received from 21 reverse circulation (RC) holes with all recording significant gold mineralisation.

Best results include 10 metres at 18.98g/t gold from seven metres including one metre at 174.60g/t gold from 14 metres; and 29 metres at 1.44g/t gold from 62 metres, including five metres at 3.16g/t gold from 68 metres.

These intercepts confirm the continuity of mineralisation between oxide and fresh rock.

The result of 174.60g/t gold is the highest ever single-metre assay reported for Lodes 2 and 3 and these results have increased the widths of these lodes to more than 300 metres.

Furthermore, significant potential exists to extend the mineralised footprint at Tchaga, with large areas of the 40 parts per billion (ppb) soil anomaly yet to be tested.

Managing Director Peter Ledwidge is excited by the results received as they show the potential of the Tchaga Prospect.

“The Tchaga Prospect has delivered the highest single-metre assay of one metre at 174.60g/t gold within a broader high-grade mineralised zone in oxide, which confirms the continuity of mineralisation between the oxide zone and fresh rock,” Mr Ledwidge said.

“We are very excited to see these multiple wide mineralised zones with high-grade cores as this indicates modest stripping ratios in a potential open pit mining scenario.”

Mako is currently drilling the Gogbala Prospect to target similar style lodes to those at Tchaga.

Shares in Mako were up 3.37 per cent on the market, trading at 9.2 cents at 11:24 am AEST.

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