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Mako Gold Ltd.
Summary
| Project: | Napie | |
|---|---|---|
| Deposit: | Napie | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 8/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-8-2019: Mako Gold Ltd. announces an Exploration/Drilling Update report for its Napie deposit at the Napie project. Drilling results incl. 1m @ 7.55g/t Au from 93m. Mako Gold Limited (“Mako” or “the Company”) advises that it has received assay results fr | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ann Ledwidge (Internal) | |
| ABSTRACT: | Mako Gold Limited (“Mako” or “the Company”) advises that it has received assay results from the final eleven holes of the Company’s recent twenty-seven hole (4,141m) reverse circulation (RC) drill 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). Mako currently holds a 51% interest in the permit and is operator of the project. The assays received from the remaining eight holes of the Tchaga Prospect returned narrow gold intercepts with the best individual result of 1m assays up to 7.55g/t Au (NARC095). Assay results from select drill holes from current and previous drilling are shown in Figure 2. The latest assays results are reported in Appendix 1. During the current drill campaign Mako has extended the gold mineralised zone to 1km strike length on the Tchaga Prospect, as was recently announced3 . The wide and high-grade gold intercepts received from drilling to date have clearly identified an area which the company will focus on in its endeavour to outline a JORC compliant gold resource with further drilling. | |
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