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    Mako Gold expands Tchaga Prospect with high-grade intersections

    Mako Gold Limited (ASX: MKG) has announced that further high-grade assay results including 17m at 3.06g/t Au and 9.85m at 6.63g/t Au were received from the reverse circulation (RC) and diamond drilling (DD) holes of the ongoing drilling program at the Tchaga Prospect at the Company’s flagship Napié Project in Côte d’Ivoire.

    Other significant results received from Tchaga included 15m at 1.08g/t Au from 32m, 4m at 1.42g/t Au from 87m, and 13.8m at 1.74g/t Au from 193.1m; 5m at 1.84g/t Au from 33m; and 4m at 1.40g/t Au from 46m.

    the results extend known mineralisation at depth and along strike on current lodes

    The company said that the results extend known mineralisation at depth and along strike on current lodes. MKG said that evidence of new lodes to the north and south of known mineralisation warrant follow-up drilling.

    Mako reported that extension to mineralised zone is planned to be included in the upcoming Maiden Mineral Resource Estimate. The company said that it is expecting an ongoing news flow with drill operating on double shifts and two assay laboratories being utilised to process drill samples.

    Drilling at Tchaga prospect

    The company had recently commenced diamond drilling (DD) and reverse circulation (RC) drilling program at the Tchaga Prospect within the Napié Project, with a methodical approach of infill drilling as well as drilling along-strike, and down-dip of previously identified mineralised lodes.

    MKG said that this approach increases the footprint of each lode and targets new lodes, with the aim of delivering a significant Maiden Mineral Resource Estimate later this year. The company said that significant potential also exists at other prospects, such as Gogbala where recent reconnaissance drilling had highlighted a 2km-long priority target for follow-up drilling in the coming months.

    High-grade drill results

    MKG said that further encouraging results were received for further RC and DD drill holes at Tchaga Prospect at the Napié Project. The company said that the results extend known mineralisation at depth and along strike on current lodes.

    Mako Gold -
    Section AB looking northeast – Tchaga Gold Project, Côte d’Ivoire

    Select results received from Tchaga included NARC419DD: 9.85m at 6.63g/t Au from 213.15m, including 2m at 30.15g/t Au from 217.5m; NARC404DD: 17m at 3.06g/t Au from 129m; NARC402: 2m at 14.99g/t Au from 14m and 5m at 4.63g/t Au from 50m; NARC333DD: 15m at 1.08g/t Au from 32m, 4m at 1.42g/t Au from 87m, and 13.8m at 1.74g/t Au from 193.1m; NARC418DD: 5m at 1.31g/t Au from 53m, 12m at 0.96g/t Au from 151m, and 3.9m at 5.35g/t Au from 183.8m; NARC395: 5m at 3.53g/t Au from 70m; NARC399: 5m at 3.13g/t Au from 101m; NARC394: 6m at 1.97g/t Au from 68m; NARC407: 5m at 1.18g/t Au from 32m and 6m at 1.81g/t Au from 44m; NARC388DD: 2m at 6.39g/t Au from 130.1m; NARC409: 5m at 1.84g/t Au from 33m; NARC405DD: 6m at 1.26g/t Au from 37m and 3m at 2.98g/t Au from 56m; and NARC403: 4m at 1.40g/t Au from 46m.

    Further work

    The company said that RC and diamond drilling is planned along strike and at depth to follow up these latest results. MKG said that an IP survey and follow up drilling are planned at the Gogbala Prospect.

    The company noted that evidence of new lodes to the north and south of known mineralisation warrant follow-up drilling. MKG said that extension to mineralised zone is planned to be included in the upcoming Maiden Mineral Resource Estimate.

    The footprint of the Tchaga Project continues to expand as exploration progresses with further high-grade drill intersections”

    Management comments

    Mako’s Managing Director, Peter Ledwidge said: “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. 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.”

    Image Source:  Mako Gold Limited

    Jonathan Norris
    Jonathan is a founder of Mining.com.au and has been covering the resources industry since 2018. With over 17 years experience in print, broadcast and online media, Jonathan has seen first hand the transformative effect of online niche media.

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    • Delayed Prices (USD) - Last Updated 14-06-2021
    • Gold $1,873.40
    • Silver $27.89
    • Dalian Iron Ore i2109 $0.00
    • LME Aluminium $2,490.00
    • LME Cobalt $42,500.00
    • LME Copper $10,029.00
    • LME Lead $2,198.00
    • LME Nickel $18,303.00
    • LME Tin $33,060.00
    • LME Zinc $3,011.00