Mako Gold Extends Gogbala Gold Zone

THE DRILL SERGEANT: Mako Gold (ASX: MKG) reported on recent drilling carried out at the company’s Napié project in Côte d’Ivoire.

Mako Gold received the assay results for the final 23 holes of a reverse circulation (RC) drill program from the Gogbala prospect, and for 13 holes of a RC drill program from Target H.

Intersections from final drill holes received at Gogbala include:

5 metres at 3.28 grams per tonne gold from 91m, including 1m at 10.74g/t gold from 92m; and

3m at 2.36g/t gold from 42m.

Wide-spaced drilling on Target H returned:

22m at 0.25g/t gold.

Mako Gold declared these results have confirmed the continuity of the mineralised gold system between the Gogbala and Tchaga prospects.

“We are highly encouraged by the overall success of our reconnaissance drilling at the Gogbala prospect,” Mako Gold managing director Peter Ledwidge said in the company’s ASX announcement.

“The final results…in conjunction with our previously reported results, from drilling on fourteen widely spaced drill fences, have delineated two high-priority one kilometre-long targets for follow-up drilling as well as five secondary targets over a four kilometres strike-length for follow-up step-out drilling.

“Each one kilometre-long target is similar in size as the main body of the Tchaga prospect, which we are currently advancing towards a maiden resource, and they may potentially host high-grade deposits comparable to Tchaga.

“The company’s short-term focus is to deliver the maiden resource on Tchaga.

“Following this, the two high priority drill targets outlined in this drill program on Gogbala will become the focus of intense drilling in order to deliver significant growth to the Napié project.

“In addition, 13 exploration holes drilled on Target H in four wide-spaced fences between the Gogbala and Tchaga prospects have confirmed gold mineralisation between the two most advanced prospects along the 30 kilometres shear on the Napié Permit and warrant follow up drilling in the future to locate higher-grade lodes.

“Drilling is ongoing at Tchaga and the laboratory issues have been resolved.

“We look forward to providing drilling results as they come to hand.”