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Mako Gold Ltd.
Summary
| Project: | Napie | |
|---|---|---|
| Deposit: | Tchaga | |
| Location: | Cote D'Ivoire | |
| Commodities: | Gold | |
| Date: | 3/5/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 5-3-2020: Mako Gold Ltd. announces an Exploration/Drilling Update report for its Tchaga deposit at the Napie project. Drilling results incl. 7.7m @ 11.65g/t Au from 169m. West African focussed gold explorer, Mako Gold Limited (“Mako” or “the Company”) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ann Ledwidge (Internal) | |
| ABSTRACT: | West African focussed gold explorer, Mako Gold Limited (“Mako” or “the Company”) is pleased to advise that it has received assay results from its latest drill program on the Tchaga Prospect at the Company’s 224 km2 Napié Project in Côte d’Ivoire (Figure 1). Mako will earn 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 project2. Mako intends to fast-track the Napié Project and can earn up to 75% by taking the project to feasibility. The drilling program consisted of 412m of diamond drilling (DD) in 4 holes on the Tchaga Prospect. Two of the four DD holes extended previous reverse circulation (RC) drill holes to test mineralisation at greater depth and to test for continuity of gold mineralisation down dip. All intervals above 0.5g/t Au cut-off are reported in Appendix 1. A map of the new Tchaga DD hole locations is shown in Appendix 2. | |
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