Tchaga Deep Extensional Drilling Delivers High-grade Gold at Napié

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.

Select significant results from previous drilling at Tchaga1 include:

• 41m at 4.51g/t Au from 17m in NARC216
• 32m at 7.1g/t Au from 13m in NARC184
• 13m at 20.82g/t Au from 32m in NARC145
• 36m at 3.09g/t Au from 43m in NARC107DD
• 28m at 4.86g/t Au from 83m in NARC057
• 26m at 4.34g/t Au from surface in NARC214
• 25m at 3.43g/t Au from 53m in NARC017
• 14m at 5.46g/t Au from surface in NARC124
• 18m at 3.25g/t Au from 39m in NARC080
• 23m at 2.46g/t Au from 15m in NARC084
• 17m at 2.43g/t Au from 86m in NARC055
• 38m at 1.64g/t Au from 5m in NARC180
• 7.7m at 11.65g/t Au from 169m in NARC058DD
• 4m at 14.26g/t Au from 33m in NARC185
• 2m at 24.06g/t Au from 112m in NARC542
• 26m at 1.01g/t Au from 92m in NARC467DD; and
  • 5.8m at 6.96g/t Au from 135m; including 1m at 34.62g/t Au from 137m

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