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Transaction Announcement Reports
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Project: | Niou | |
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Deposit: | Niou | |
Location: | Burkina Faso | |
Commodities: | Gold | |
Date: | 1/29/2019 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 29-1-2019: Mako Gold Ltd. announces an Exploration/Drilling Update report for its Niou deposit at the Niou project. Drilling results incl. 24m @ 2.73g/t Au from 18m. Mako’s Managing Director, Peter Ledwidge commented: “We are pleased with this discovery w | |
Resources: | x | |
CP/QP: | [Overall Report]: Ann Ledwidge (Internal) | |
ABSTRACT: | Mako’s Managing Director, Peter Ledwidge commented: “We are pleased with this discovery with only 11 holes drilled on a 7km +50ppb gold soil anomaly along a regional fault/shear system. The repeated wide mineralized gold intersections along with high grade results is extremely encouraging and will warrant follow-up drilling. I thank our exploration team who did an outstanding job thus far, taking the project from greenfield to the current discovery stage. We look forward to advancing the Niou Project rapidly.” Positive Assay Results Received in Maiden Drilling Program Mako Gold Limited (“Mako” or “the Company”; ASX:MKG) is pleased to report on its gold discovery on the Company’s Niou Project in Burkina Faso (Figure 1). Assays returned values up to 53.80g/t Au (hole NURC006) and separately multiple widths up to 24m (hole NURC007) of mineralisation. There is no previous drilling on the permit. | |
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