Extensional drilling in Cote d’Ivoire delivers more high-grade hits for Mako Gold
The second rig is being mobilised to Mako’s Tchaga prospect to continue extensional diamond drilling.
West Africa explorer Mako Gold (ASX:MKG) has intersected gold at an emerging zone 2km north of the area designated to be the basis of the maiden mineral resource estimate.
Extensional drilling at the Gogbala prospect with the company’s flagship Napié project will increase the size of the upcoming resource, which is scheduled for completion in the June quarter.
Of the 25 holes drilled, 18 intersected “significant” mineralisation.
These include 1m at 30.89 grams per tonne gold from 46m — that hole being 2km north of the resource zone.
Several holes returned intersections through multiple zones, including one with 4m at 2.66g/t gold from 34m, followed down hole by 4m at 1.48g/t gold and then 16m at 0.83g/t gold, the last including 4m at 1.61g/t gold.
Gogbala now shown to be ‘widely mineralised’
Last year Mako said the Gogbala prospect at its 296sq km Napié project was shaping up as a lookalike for the already successful Tchaga prospect, with the then latest results indicating similar mineralisation styles.
Previous drilling at Tchaga had then produced multiple gold intersections, including 10m at 18.98g/t (from 7m), 41m at 4.51g/t (from 17m) and 32m at 7.1g/t (from 13m).
Mako managing director Peter Ledwidge said with 18 of the 25 holes returning significant gold results out of the latest assays, it indicates how prospective Gogbala is.
“In addition to the positive results returned from the 2km-long high priority maiden mineral resource zone, further promising intersects were returned from outside that zone, which highlights the blue sky that remains at Gogbala and the whole Napié permit,” he added.
Gogbala located on 23km-long soil anomaly
Extensional drilling at Gogbala is continuing.
The prospect is located on a 23km-plus soil anomaly and is coincident with the 30km-long Napié fault.
Mako has previously stated it is focused on the discovery of large high-grade gold deposits in highly prospective and underexplored terrains in Côte d’Ivoire, and other favourable countries in West Africa.Côte d’Ivoire contains more Birimian greenstone belts than other West African countries, yet only 30 million ounces of gold resources have been delineated to date, making it an ideal location for future gold discoveries, the company has noted.
It has a stable mining-friendly government, outstanding infrastructure and a modern and transparent mining code.In addition to Napié, Mako has 100% ownership of the Korhogo gold project comprising two permits that span 296sq km in area and cover 17km of faulted greenstone/ granite contact (high‐grade gold targets) located within 30km of Barrick Gold’s operating Tongon gold mine in Cote d’Ivoire.