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Mako Gold Ltd.
Summary
| Project: | Napie | |
|---|---|---|
| Deposit: | Napie | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 7/9/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-7-2018: Mako Gold Ltd. announces an Exploration/Drilling Update report for its Napie deposit at the Napie project. Drilling results incl. 12.0m @ 5.39g/t Au from 11.0m. Mako Gold Limited (“Mako” or “the Company”; ASX:MKG) is pleased to report on the sec | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ann Ledwidge (Internal) | |
| ABSTRACT: | Mako Gold Limited (“Mako” or “the Company”; ASX:MKG) is pleased to report on the second batch of assay results received from the Company’s maiden RC program at the Napié Project in Côte d’Ivoire (Figure 1). Mako is earning up to a 75% interest in the Napié Project under a farm-in and joint venture agreement with Occidental Gold SARL, a subsidiary of West African gold miner Perseus Mining Limited (ASX/TSX:PRU)1 . Mako’s geologists previously identified 9 high priority targets within the Napié Project for drill testing3 based on multiple coincident anomalies, including soil geochemistry, historic rotary air blast (RAB) drilling and the presence of artisanal workings. The drilling program currently in progress was designed to test all 9 high priority targets (A, C, D, E, F, G, I, J and K) as indicated by the red circles on Figure 2. This announcement reports assay results received from initial drill testing of Targets I, J, and K within the Gogbala Prospect in the southern part of the Napié Permit. All intervals above 0.5g/t Au cut-off are reported in Appendix 1. Mako Gold’s Managing Director, Peter Ledwidge commented: “We are very pleased with the assay results received to date with significant widths and gold grades returned from initial wide-spaced drilling at 5 of the 9 high priority targets. These latest results once again boost our confidence in the prospectivity of the 23km long gold geochemical anomaly within the Napié Project and we look forward to reporting further results from the follow-up drilling in the weeks ahead.” | |
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