Mako Gold Limited (ASX:MKG) has successfully completed the phase 2 auger drill programme, with all assays received for the 25,000m auger drilling programme on the company’s 90% owned flagship Napié Project in Côte d’Ivoire.
Positive auger results clearly outline multiple multi-kilometre-long anomalies, along the 30km-long Napié Shear, equal or greater in size than Tchaga and Gogbala which constitute the maiden resource of 868koz at 1.2g/t Au.
The complete auger and geological mapping programme identified 15 new drill targets along the 30km-long Napié fault and its associated splays.
“We are extremely pleased that phase 2 of the auger programme has confirmed and enhanced the anomalies identified in phase 1,” Managing Director, Peter Ledwidge, said.
“The complete auger programme has provided 15 significant drill targets along the 30km Napié shear. The auger has narrowed down the wide soil anomalies and pin-pointed precise targets for resource expansion at Napié which is likely to reduce the discovery cost per ounce.
“In phase 2 we focussed on the extensive multi-kilometre mineralized trends identified at Tchaga North and Gogbala in phase 1, to generate a multitude of high priority drill targets. We plan on following up phase 1 auger results elsewhere on the permit in the future. Napié is showing strong potential to host multiple deposits within the permit.”
The phase 2 programme was designed to infill wider-spaced auger drilling from phase 1 to vector in on anomalies identified in phase 1. Phase 1 drilling was conducted on a 400m x 100m grid, and phase 2 reduced the drill spacing to 200m x 50m in high priority areas. This effectively narrowed down the anomalies from phase 1 to a drill-ready stage.
A total of 791 holes, for 6,723m, were drilled in phase 2. Bottle roll analysis for gold was conducted on 761 samples collected from the end of hole. Some holes could not be sampled due to excess water in the hole.
In areas of artisanal gold mining, auger sampling was not always possible, however where sampling was possible the samples were taken in areas of no disturbance.
Mako views artisanal mining sites as significant gold anomalies since artisanal miners only mine gold they can see without the aid of a hand lens.
Tchaga and Tchaga Extension
The identification of auger anomalies at Tchaga indicates a possibility to grow the resource to the west, the north, and to the northwest along a newly identified trend. All areas remain untested by RC/DD drilling.
There are several anomalies parallel or along strike to the Tchaga resource as well as evident splays to the northwest which are coincident with faults with potential for mineralization.
Auger also identified the two parallel anomalies immediately west of the central portion of the Tchaga resource. These parallel anomalies have the potential to host significant new gold lodes.
For further information please visit: https://www.makogold.com.au/
