Announcement Date: 2022-07-11
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Mako Gold Ltd.
Project name: Napie
Location: Ivory Coast
Commodities: Gold
Highlight: Drilling results incl. 1m @ 30.47g/t Au from 86m
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 positive assay results from the recent shallow Reverse Circulation (RC) drilling program from the Komboro Prospect, within the Company’s flagship Napié Project in Côte d’Ivoire. Komboro is located on a +23km soil anomaly and coincident 30km‐long Napié Fault and associated splays (Figure 1). Intervals above 0.5g/t Au cut‐off are reported in Appendix 1. A map of the drill hole locations is shown in Appendix 2. Results have also been received from the shortened maiden RC drill program on the Korhogo Project. Results have been received from 23 shallow RC holes from a 2,824m drill program recently completed at Komboro Prospect. The location of the Komboro Prospect is shown in Figure 1 relative to Tchaga and Gogbala, where the Company recently announced a maiden Inferred Mineral Resource of 22.5Mt at 1.20g/t Au for 868k contained ounces gold Drill results include 9m at 3.26g/t Au, including 3m at 7.29g/t Au and, separately 1m at 30.47g/t Au in NARC741, as well as 1m at 8.41g/t Au in NARC 743 from the previously undrilled K1 Target (Figure 3). Drilling at the K2 Target located on a separate structure 3km to the east, intersected 5m at 1.64g/t Au in NARC 753. (Figure 2).
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