Mako Gold Drilling Expands Tchaga Project

THE DRILL SERGEANT: Mako Gold (ASX: MKG) reported assay results from reverse circulation (RC) and diamond drilling holes from an ongoing drilling program at the Tchaga prospect within the company’s Napié project in Côte d’Ivoire.

Mako gold said the latest results, including…

17 metres at 3.06 grams per tonne gold; and

9.85m at 6.63g/t gold.

…had validated the company’s methodical approach of infill drilling as well as drilling along-strike, and down-dip of previously identified mineralised lodes.

The system increases the footprint of each lode and targets new lodes, with the aim of delivering a Maiden Mineral Resource Estimate later this year.

“The footprint of the Tchaga project continues to expand as exploration progresses with further high-grade drill intersections and new largely untested lodes that have been defined,” Mako Gold managing director Peter Ledwidge said in the company’s ASX announcement.

“The deeper high-grade results reported are significant as these confirm the high-grade shoots within the broader mineralised envelope on multiple cross-sections.

“The confirmation of these high-grade intercepts at depth increases confidence in Mako being able to deliver a robust Maiden Mineral Resource Estimate with gold mineralisation present from surface to the base of a conceptual pit.

“Drilling is ongoing at Tchaga to further extend the strike-length of known mineralised lodes as well as the newly identified lodes.

“We look forward to providing constant news flow with our drilling progressing well and assay turnaround times back on track now that we are utilising two assay laboratories.”