Mako Gold Limited (ASX:MKG) has extended gold mineralisation 250m north of previous drilling results at the Tchaga Prospect at Napié Project in Côte d’Ivoire, Africa.
The promising results were contained in assays from a further 17 RC drill holes from an ongoing 10,000m reverse circulation (RC) and diamond drilling (DD) programme on the 224 sq. km Napié Project.
Assays have now been received for 41 of the planned 90- hole drill programme which is scheduled to run through to December 2020.
Managing Director, Peter Ledwidge, said nine of the 17 holes were drilled on new targets outside the maiden resource target area and returned positive gold intersects
Drill results were returned from the Tchaga Prospect (within the maiden resource target area, as well as from new exploration targets outside the maiden resource target area), as well as the Tchaga North Prospect. The Tchaga and Tchaga North Prospects are associated with a +40ppb gold soil anomaly coincident with a +30km-long shear zone, thought to be a major control for gold mineralisation.
We are pleased to have extended the gold mineralised zone on the Tchaga Prospect by a further 250m north, along strike, and to have intersected a modest zone of mineralisation 80m south of our 2018 positive drill results on Tchaga North,” Mr Ledwidge said.
“Both areas will be subject to further drilling. Our understanding of the complex structural systems controlling mineralisation on Tchaga and Tchaga North is increasing and suggests that we may have to alter our drilling directions in order to intersect the ‘sweet spot’ of the interpreted high-grade shoots in further drilling.
“In certain areas where we intersected modest gold mineralisation, we believe that we may be on the edge of one of the high-grade plunging mineralised shoots.
“Our geologists on the ground have not yet finished logging the 14 DD holes and once the core is logged, split and the assays received, we should be able to adapt our drilling directions to increase our chances of intersecting the high-grade mineralised shoots.
“In addition, we currently have 13 RC drill holes which will be shipped to the lab next week for assaying. We look forward to updating our shareholders on further RC and DD drill results as they come to hand.
“We are also looking forward to the commencement of the IP geophysical survey on Gogbala so that we can launch a significant drill programme on the Gogbala Prospect to follow-up on our positive 2018 drilling results.”
The C=company is planning an Induced Polarization (IP) geophysical programme over the 5 km-long soil anomaly at the Gogbala Prospect, (6km SSW of Tchaga) which is coincident with the 30km-long shear crossing the entire Napié permit from SSW to NNE.
Mako has not drilled the Gogbala Prospect since 2018, when the Company drilled 24 wide spaced RC holes over a strike length of approximately 4km.
The IP survey which has consistently worked very well at Tchaga to identify drill targets will be followed up by a significant drill programme once the results of the IP survey are received.