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Mako Gold Ltd.
Summary
| Project: | Napie | |
|---|---|---|
| Deposit: | Tchaga | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 7/25/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-7-2019: Mako Gold Ltd. announces an Exploration/Drilling Update report for its Tchaga deposit at the Napie project. Drilling results incl. 18m @ 3.25g/t Au from 39m. Mako Gold Limited (“Mako” or “the Company”) is pleased to report on assay results rece | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ann Ledwidge (Internal) | |
| ABSTRACT: | Mako Gold Limited (“Mako” or “the Company”) is pleased to report on assay results received from the first sixteen 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:PRU1 ). Mako currently holds 51% interest in the permit and is operator of the project2 . Twenty-four RC drill holes were completed for a total of 3,664m drilled on the Tchaga Prospect. In addition, three RC holes were completed on the regional trend for a total of 477m drilled to test mineralisation between the Tchaga and Gogbala Prospects. The current drill program was designed to extend mineralisation outlined over a 500m strike length in previous drill programs on the Tchaga Prospect3 . Mako is pleased to confirm that assays received to date from recent drilling on Tchaga, have doubled the strike extent of gold mineralisation to 1km. | |
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