Tchaga Deep Extensional Drilling Delivers High-grade Gold at Napié

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


Click here for the full ASX release


This article includes content from Mako Gold, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here

MKG:AU
The Conversation (0)
Mako Gold

Mako Gold

Exploring High-Grade Gold Deposits in Côte d'Ivoire

Exploring High-Grade Gold Deposits in Côte d'Ivoire Keep Reading...
Gold bars and coins as well as a sac of gold.

Top 5 ASX Gold Stocks That Pay Dividends

If you're interested in gold stocks, it's worth taking a look at the top ASX gold stocks that pay dividends.A dividend is a sum of money that is paid regularly by a company to a class of its shareholders out of its earnings. Dividends are often issued as cash payments, but can also be issued as... Keep Reading...
Rows of gold bars.

Top 10 Gold Reserves by Country

Gold is one of the most important metals on the planet. For millennia it has been used in jewelry, art and currency, capturing the collective imagination as a thing of wonder. Gold's association with royalty and wealth has inspired explorers and treasure hunters alike, who put themselves at risk... Keep Reading...
Gold coins and gold letters spelling "Fed" with US flag.

Editor's Picks: Gold, Silver React to Fed Decision, Expert Says Bottom Not in Yet

It was a bumpy week for gold and silver prices, which took a break from responding to geopolitical tensions to react to the latest US Federal Reserve interest rate decision.As was widely expected, the central bank left rates unchanged at 3.5 to 3.75 percent. However, the move came with the... Keep Reading...
Gold and silver coins.

Precious Metals News: Gold, Silver, PGMs React to New Reality of Protracted War

The precious metals may take much longer to challenge record prices set at the top of the year. The US-Iran conflict is set to become a protracted war as leaders dig in their heels on any agreement. This week, the US rejectes an Iranian proposal to reopen the Strait of Hormuz in exchange for... Keep Reading...

Interactive Chart

Latest Press Releases

Related News