Mako Gold (ASX:MKG) - Managing Director, Peter Ledwidge
Managing Director, Peter Ledwidge
Source: The Assay
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  • Mako Gold (MKG) launches a 1,500-metre diamond drill program at the Gogbala prospect within its flagship Napié gold project in Côte d’Ivoire
  • The diamond drill rig will allow the company to test mineralisation at greater depth and accelerate drilling for the delivery of the maiden mineral resource estimate in the June quarter
  • The new rig will supplement the reverse circulation rig, which is currently drilling double shifts at the prospect
  • Meanwhile, the company has completed over 11,000 metres of air-core drilling on the Komboro and Tchaga North prospects
  • Mako Gold shares were unchanged at 9 cents

Mako Gold (MKG) has launched a 1,500-metre diamond drill program at the Gogbala Prospect within its flagship Napié project in Côte d’Ivoire, west Africa.

The diamond drill rig will supplement the reverse circulation rig, which is currently drilling double shifts at Gogbala.

The new rig is hoped to accelerate drilling for the delivery of the maiden mineral resource estimate in the June quarter.

Previous results from drilling at the prospect included 7 metres at 6.7 grams of gold per tonne from 6 metres, which the new rig will follow up with extensional holes.

Mako Gold said in most cases a reverse circulation pre-collar to the depth limit of the RC rig has already been drilled, which the company will then diamond-tail with the diamond drill rig.

Mako’s Managing Director Peter Ledwidge said: “The diamond drill rig will allow us to test mineralisation at greater depth, in order to show the potential to add ounces to the deposit at depth.

“In addition, the oriented core samples from diamond drilling will unlock valuable structural and other geological information to better understand the deposit at Gogbala.”

Meanwhile, the company has completed over 11,000 metres of aircore drilling on the Komboro and Tchaga North prospects, with the aim of making a new discovery at Napié. Following phase one drilling, the company is now awaiting assays.

Mako Gold shares were unchanged at 9 cents in early trade.

MKG by the numbers
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