Mako Gold generates best assays to-date from drilling at Gogbala gold prospect

Mako Gold ASX MKG Gogbala Prospect multiple wide high grade results
Mako Gold says all 14 RC holes drilled at Gogbala hit “significant mineralisation”.

Mako Gold’s (ASX: MKG) Gogbala prospect within its flagship Napié project in Côte d’Ivoire is continuing to generate high-grade gold results, with managing director Peter Ledwidge saying they are the best to-date from the prospect.

The company has received assays from 14 reverse circulation holes at Gogbala with all holes intercepting “significant mineralisation”.

Notable results were 20m at 3.41 grams per tonne gold from 19m, including 2m at 14.12g/t gold from 37m; 23m at 1.81g/t gold from 19m, including 1m at 5.73g/t from 24m; and 9m at 2.52g/t gold from 55m, including 1m at 11.84g/t gold from 55m.

Similarities to Tchaga prospect

Mr Ledwidge said as well as the assays being the best to-date at Gogbala, the results confirm the similarities to the nearby Tchaga prospect.

“The wide and high-grade intercepts returned from Gogbala drilling is making it look more and more like ‘Tchaga 2.0’.”

“Both prospects have strong mineralisation outlined over a 2km strike length.”

Mr Ledwidge said the similarities increased the company’s optimism for discovering more deposits at Napié and build a multi-million-ounce gold resource.

Growing Napié

Mako has now completed 4,400m of the planned 10,000m program at Gogbala, which is only one of several prospect zones on the 30km-long Napié fault.

The program at Gogbala forms part of the larger 35,000m campaign planned at Napié.

“The next target will be the Tchaga North prospect where we have a 10,000m drill program planned,” Mr Ledwidge said.

“We are growing the potential mineral inventory at Napié using our methodical approach to exploration and are funded to continue to do so.”

Assays remain outstanding from more than 6,000m of drilling at Gogbala and 900m from the southern extension at Tchaga.

Mako owns 51% of Napié and has the ability to earn up to 75% by delivering a feasibility study.

Napié encompasses 296sq km of landholding in the West African greenstone belts.

Mako also recently signed a binding agreement with Perseus Mining (ASX: PRU) to consolidate ownership of Napié to 90%.

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