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Mako Gold’s resource expansion diamond drilling gets off the ground at Napié
Special Report: An eight-hole diamond drilling program for 800m has kicked off at Mako’s Napié project in Côte d’lvoire, targeting … Read More
The…
An eight-hole diamond drilling program for 800m has kicked off at Mako’s Napié project in Côte d’lvoire, targeting high-grade results from the recent 25,000m auger drilling program.
The current drilling program is designed to follow up on and drill under impressive hits such as 8m at 8.53g/t gold, 1m at 215g/t gold, 6m at 6.03g/t gold and 6m at 6g/t gold, which discovered high-grade gold on new prospect areas on 400m spaced drill fences.
Three of 15 high-priority targets (Gogbala South, Tchaga West, and Tchaga North) will be the focus point with the majority of diamond holes in the new program anticipated to extend previous RC holes, targeting gold to a depth of 120m.
Mako (ASX:MKG) says the program will also provide valuable structural information to improve targeting for future drilling along strike.
Growing the 868,000-ounce beast
“Many of the positive intercepts returned from our recent RC drilling program were at very shallow depths, and drilling underneath these intercepts has the potential to encounter high-grade gold,” MKG managing director Peter Ledwidge says.
“We believe our methodical approach of auger drilling, wide-space RC drilling, followed up by diamond drilling will allow us to prioritise new prospective areas quickly with the goal of growing our current 868koz maiden resource into a multi-million-ounce camp at Napié.
“The current program is an important step in achieving this goal.”
What’s the plan now?
Diamond drilling is expected to take around four weeks and assay results will be returned several weeks thereafter.
Future RC drilling is planned to close the 400m gap between fences as Mako looks to expand the current 868,000-ounce maiden resource.
The potential exists to delineate further resource drill targets from current auger gold anomalies as well as from future expansion of the auger drilling grids at Napié.
This article was developed in collaboration with Mako Gold, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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