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Mako Gold Ltd.

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Summary

Project:

Napie

Deposit:Tchaga
Location:Ivory Coast
Commodities:Gold
Date:7/15/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:15-7-2020: Mako Gold Ltd. announces an Exploration/Drilling Update report for its Tchaga deposit at the Napie project. Drilling results incl. 14m @ 5.46g/t Au from 0m. Mako Gold Limited (“Mako” or “the Company”; ASX:MKG) is pleased to advise that it has r
Resources:x
CP/QP:[Overall Report] Ann Ledwidge (Internal)
ABSTRACT:Mako Gold Limited (“Mako” or “the Company”; ASX:MKG) is pleased to advise that it has received its first assay results from the ongoing 10,000 metre reverse circulation (RC) and diamond drilling (DD) program on the Tchaga Prospect at the Company’s 224km2 Napié Project in Côte d’Ivoire. The Tchaga Prospect is associated with a +40ppb gold soil anomaly coincident with a +30km-long shear zone, thought to be a major control for gold mineralisation (Figure 1). Mako’s Managing Director, Peter Ledwidge commented: “The Tchaga Prospect continues to deliver exciting drill results, which further increases our confidence in the project. The reported assays are from a limited area in the south end of Tchaga and are the first of many assays to come between now and the end of 2020 on our 10,000m drill program. We look forward to reporting further results as we progress our drilling northwards on Tchaga.” Assay results have been received for the first five RC holes of the planned 90-hole drill program which is scheduled to run through to December 2020. Intervals above 0.5g/t Au cut-off are reported in Appendix 1. A map of the new Tchaga RC hole locations is shown in Appendix 2. New and previous select gold intercepts are shown on Figure 2.

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