Mako Gold Limited (ASX:MKG) has announced that it has intersected “best ever grades” from RC drilling at the Tchaga prospect within its flagship Napié gold project in Côte d’Ivoire.
The results including 1m @ 174.60g/t Au from near-surface oxide provide record grades for lodes 2 and 3 at the prospect, with mineralisation width increasing to >300m.
Key results include:
- Hole NARC486: 10m @ 18.98g/t Au from 7m; including
- 3m @ 61.80g/t Au from 13m; including
- 1m @ 174.60g/t Au from 14m
- 3m @ 61.80g/t Au from 13m; including
- Hole NARC507: 29m @ 1.44g/t Au from 62m; including
- 5m @ 3.16g/t Au from 68m
- Hole NARC508: 6m @ 1.28g/t Au from 11m; and
- 10m @ 2.13g/t Au from 119m
Mako reports that all 21 holes from the current drill campaign contained “significant” gold intersections, indicating widespread mineralisation. The results are expected to have a positive impact on the planned maiden MRE for Tchaga.
The prospect holds “significant” expansion potential, with shallow mineralisation open along strike and at depth, and large areas of the +40ppb soil geochemical anomaly remaining untested.
“Our confidence in the Napié Project increases each time we receive assay results”
Management comments
Mako Gold Managing Director Peter Ledwidge said: “The Tchaga Prospect has delivered the highest single-metre assay of 1m at 174.60g/t Au within a broader high-grade mineralised zone in oxide, which confirms the continuity of mineralisation between the oxide zone and fresh rock. Drilling has confirmed mineralisation in stacked repeating zones over widths greater than 300 metres across in Lodes 2 and 3. We are very excited to see these multiple wide mineralised zones with high-grade cores as this indicates modest stripping ratios in a potential open pit mining scenario. Our confidence in the Napié Project increases each time we receive assay results, and we anticipate more assays from our diamond drilling at Tchaga shortly.”
Images: Mako Gold Limited
