- Further results from Mako Gold’s (MKG) ongoing drilling program at the Tchaga prospect have extended the shallow, high-grade gold mineralisation
- The program at the company’s flagship Napié Project in Côte D’Ivoire is aiming to advance the prospect towards a maiden mineral resource estimation
- All but three of the latest 19 diamond and reverse circulation drill holes intersected gold mineralisation, and results included five metres at 7.54g/t gold
- Shallow, continuous gold mineralisation at the prospect has now been defined over one kilometre in length and 500 metres in width
- Shares have climbed 4.2 per cent to trade at 10 cents
Further results from Mako Gold’s (MKG) ongoing drilling program at the Tchaga prospect have extended the shallow, high-grade gold mineralisation.
The program at the company’s flagship Napié Project in Côte D’Ivoire is aiming to advance the prospect towards a maiden mineral resource estimation.
The latest batch of results from the ongoing program are from 15 reverse circulation and four diamond drill holes.
All but three of those holes intersected gold mineralisation with several holes intercepting multiple zones of mineralisation.
Mako highlighted a five-metre intercept at 7.54 g/t gold from 156 metres in NAR302 and a 30-metre hit at 1.57g/t from 103 metres downhole in NARC306DD.
Managing Director Peter Ledwidge said the results are continuing to confirm the continuity of mineralisation as the company moves towards a maiden resource.
“We are pleased to see consistent mineralisation as we drill along strike and down-dip along mineralised lodes, thereby contributing to the growth of the Tchaga Prospect.”
Shallow, continuous gold mineralisation has now been defined over one kilometre of strike and up to a width of 500 metres.
“We are encouraged that three of the four DD pre-collars intersected significant mineralisation in the upper RC part of the holes. We look forward to receiving the assays of the DD diamond tails as we test the mineralised lodes at greater depth, as well as other drill results on Tchaga, Gogbala and Tchaga East,” Peter added.
Shares have climbed 4.2 per cent to trade at 10 cents at 2:15 pm AEDT.