Widest, high-grade gold intercepts were reported from the ongoing drill program at the Tchaga Prospect within Mako Gold Limited’s (ASX: MKG) Napié project in Côte d’Ivoire.
The company announced that assay results were received for 51 RC and 2 DD holes.
MKG said that 46 of the 53 reported holes intersected gold mineralisation including 17 holes returning intercepts exceeding 10 gram-metre. Drilling uncovered multiple very high-grade assays including individual intercepts up to 107g/t Au in NARC243.
Select significant results includes 41m at 4.51g/t Au from 17m; including 3m at 8.16g/t Au from 17m; 6m at 9.4g/t Au from 43m; and 3m at 16.34g/t Au from 53m; and 5m at 21.99g/t Au from 70m; including 1m at 107g/t Au from 71m.
Mako said that a 1,500m RC drill program has commenced on Tchaga East Prospect. The company also reported the completion of IP geophysical survey at the highly prospective Gogbala Prospect with data to be used for drill target generation. MKG said that a second drill rig would arrive shortly to commence a 5,000m RC/ DD drill program at Gogbala.
Mako Gold’s Napié Project is located in the north central part of Côte d’Ivoire. It covers a strike length of 30km over a highly prospective land package of 225km2. Mako holds a 51% interest in the Napié Project and is the operator.
Significant prospects within the project include Gogbala Prospect, Tchaga Prospect, and Blue Sky at Napie.
Drilling at Napié Project
Mako had commenced a reverse circulation (RC) and diamond drill (DD) program on the Napié Project to support the company’s proposed maiden Resource at Tchaga in 2021.
MKG said that it has now received encouraging assays for a further 51 RC and 2 DD holes from the ongoing RC and DD program.
The company announced that multiple wide gold mineralised intersections with internal high-grade intervals were returned from the stacked mineralised zones within the maiden resource target area on the Tchaga Prospect.
Significant new results include
- NARC216 (ended in mineralisation) – 41m at 4.51g/t Au from 17m; including 3m at 8.16g/t Au from 17m, 6m at 9.4g/t Au from 43m, and 3m at 16.34g/t Au from 53m; and 15m at 1.32g/t Au from 103m;
- NARC217 – 4m at 1.89g/t Au from 64m, 21m at 2.26g/t Au from71m; including 1m at 16.85g/t Au from 72m, and 7m at 1.7g/t Au from 95m;
- NARC243 – 5m at 21.99g/t Au from 70m; including 1m at 107g/t Au from 71m;
- NARC244DD – 12.75m at 1.8g/t Au from 48.1m; including 0.75m at 15.86g/t Au from 60.1m; 15m at 2.02g/t Au from 105m; including 0.7m at 19.07g/t Au from 109.7m; and 0.5m at 16.96g/t Au from112.4m, and 5m at 2.22g/t Au from 123m;
- NARC268 – 11m at 1.92g/t Au from 86m; including 2m at 4.58g/t Au from 88m;
- NARC203DD – 7.9m at 4.63g/t Au from 122.8m; including 1m at 27.61 g/t Au from 126m;
- NARC225 – 5m at 3.8g/t Au from 11m; including 2m at 8.36 g/t Au from 11m;
- NARC232 – 5m at 3.19 g/t Au from 80m; including 1m at 9.01g/t Au from 81m;
- NARC258 – 5m at 3.18g/t Au from 89m; including 1m at 10.76g/t Au from 89m;
- NARC228 – 1m at 19.5g/t Au from 95m;
- NARC221 – 3m at 4.78g/t Au from 7m;
- NARC231 – 3m at 4.2g/t Au from 55m;
- NARC230 – 3m at 4.04 g/t Au from 87m; including 1m at 9.74g/t Au from 88m;
- NARC236 – 3m at 3.59g/t Au from 37m; including 1m at 9.53g/t Au from 38m;
- NARC238 – 7m at 1.51 g/t Au from 80m;
- NARC237 – 10m at 1.1g/t Au from 58m;
- NARC224 – 10m at 1.03g/t Au from 64m;
The company reported that a 1,500m drilling program has commenced on the Tchaga East Prospect, which is located approximately 2km east of the Tchaga prospect along an 8km-long interpreted shear.
MKG said that drilling is expected to take approximately 10 days and once drilling is completed on Tchaga East, the drill rig will return to the Tchaga Prospect.
Mako reported that the IP geophysical survey on Gogbala has been completed. The company said that the data from the IP survey has been used in planning drill holes for the upcoming 5,000m RC/DD drill program. The Company said that it anticipates the arrival of a second drill rig on site shortly to commence drilling and will advise once drilling has started.
The company said that RC and diamond drilling is planned along strike and at depth to follow up the results. MKG said that an IP survey and follow up drilling is planned at the Gogbala Prospect.
Mako Gold’s Managing Director, Peter Ledwidge said: “We are highly encouraged that the Tchaga Prospect has delivered the widest, high-grade drill intercept to date and that 46 of 53 holes intersected gold, with 17 of those having significant intercepts over 10 gram-metres. These drill results confirm continuity of mineralisation along strike and at depth as we move towards a maiden resource.
We are also pleased to have commenced drilling on Tchaga East which is a high-priority regional prospect that has not been drilled since 2018. In addition, we anticipate a second drill rig to arrive on site imminently to begin drilling on the exciting Gogbala Prospect to follow up highly encouraging 2018 reconnaissance drilling results and targets generated from the recently completed IP survey.”