| Announcement Date: | 2022-03-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Mako Gold Ltd. |
| Project name: | Napie |
| Location: | Ivory Coast |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 19.6m @ 4.36g/t Au from 187.4m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Mako Gold Limited (“Mako” or “the Company”; ASX:MKG) is pleased to advise that it has received assay results from the final 10 diamond drill (DD) holes at the Tchaga Prospect, within the Company’s flagship Napié Project in Côte d’Ivoire. Tchaga is located on a +23km soil anomaly and coincident 30km-long Napié Fault (Figure 3). DD DRILLING HIGHIGHTS POTENTIAL TO GROW RESOURCE AT DEPTH Significant mineralisation was intersected in all 10 holes drilled at Tchaga, with deep high-grade results returned such as 19.6m at 4.36g/t Au in NARC621DD, and 4.5m at 6.92g/t Au which includes 1m at 29.46g/t Au in NARC512DD (Figure 1). The Company is highly encouraged by the results from deeper DD as this will extend the mineralised zones at depth which should increase the size of the upcoming maiden MRE. In addition, this highlights the potential for extending the resource post the maiden MRE with further drilling at depth (Figure 2). Intervals above 0.5g/t Au cut-off are reported in Appendix 1. A map of the Tchaga drill hole locations is shown in Appendix 2. |
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