Mako Gold extends Gogbala gold mineralised trend to more than 7 kilometres within Napié Project

Mako Gold Ltd's (ASX:MKG) assays have extended the Gogbala gold mineralised trend to more than 7 kilometres within the flagship Napié Project in Côte d’Ivoire with the best result of 5 metres at 3.28 g/t gold from 91 metres, including 1-metre at 10.74 g/t. The Gogbala drilling program was designed to test along the more than 23-kilometre soil anomaly and coincident 30 kilometre-long structure that also hosts gold mineralisation 4 kilometres to the north on the main Tchaga prospect. After reviewing the results of the entire 53-hole drilling program in conjunction with the previous 24 holes drilled 2018 and 2019 at Gogbala, Mako has identified two 1-kilometre long high-priority targets and five secondary targets for follow-up drilling. These targets have returned high-grade intersections in past drilling and will be the focus of follow-up drilling. Mako believes that with more drilling, the two 1-kilometre-long targets have the potential to host similar stacked gold lodes as those identified on Tchaga prospect. Focus on Tchaga maiden resource Managing director Peter Ledwidge said the company was encouraged by the overall success of its reconnaissance drilling at the Gogbala prospect. He said: “The results, in conjunction with our previously reported results from drilling on 14 widely spaced drill fences, have delineated two high-priority 1-kilometre-long targets for follow-up drilling as well as five secondary targets over a 4-kilometre strike-length for follow-up step-out drilling. “Each 1-kilometre-long target is similar in size as the main body of the Tchaga Prospect, which we are currently advancing towards a maiden resource, and they may potentially host high-grade deposits comparable to Tchaga. “The company’s short-term focus is to deliver the maiden resource on Tchaga. “Following this, the two high priority drill targets outlined in this drill program on Gogbala will become the focus of intense drilling in order to deliver significant growth to the Napié Project.” Drilling is ongoing As well as the 5-metre intersection other new results include 3 metres at 2.36 g/t gold from 42 metres. Additionally, Ledwidge said 13 exploration holes drilled on Target H between the Gogbala and Tchaga prospects had confirmed gold mineralisation between the two most advanced prospects along the 30-kilometre shear on the Napié Permit and warranted follow up drilling in the future to locate higher-grade lodes. “Drilling is ongoing at Tchaga and the laboratory issues have been resolved. “We look forward to providing drilling results as they come to hand.” The issues that have been causing delays at the assay laboratory have been resolved and Mako is expecting assay results from Tchaga imminently. All new RC drill samples have been sent to the second assay lab Mako has recently engaged, which will allow the first lab to process the backlog of assays. Results are pending for approximately 55 RC drill holes and six diamond drill holes.