Mako Gold Ltd (ASX:MKG)’s recent drilling at Tchaga prospect within the flagship Napié Gold Project in Côte d’Ivoire has extended the strike to 2 kilometres and increased the size of Lode 1, ahead of a maiden resource estimate earmarked for the second half of 2021.
Reverse circulation drilling results have been received – with 22 of the 29 holes having intersected gold mineralisation and increased the footprint of Tchaga by 140 metres to the southwest.
Applying strategy to other lodes
Mako managing director Peter Ledwidge said the company’s exploration strategy was paying off.
“We have significantly increased the size of Lode 1 and intend to apply this same strategy to the other lodes we have discovered to date at Tchaga.
“The extension of Lode 1 indicates a potential increase to the size of our upcoming maiden resource estimate.
“Drilling is ongoing at Tchaga, and we anticipate receipt of more results shortly.”
Potential to further extend footprint
The company believes strong potential exists to further extend the mineralised footprint at Tchaga with large portions of the +40ppb soil geochemical anomaly remaining undrilled.
Notable intersections include:
- 36 metres at 1.11 g/t from 40 meters;
- 10 metres at 1.92 g/t from 40 metres;
- 18 metres at 0.99 g/t from 58 metres;
- 26 metres at 1.01 g/t from 92 metres;
- 9 metres at 1.09 g/t from 100 metres; and
- 5 metres at 2.5 g/t from 113 metres.
Select new (yellow) and previous (white) gold intersections on Lode 1 at Tchaga.
Mako plans to keep drilling to the south to find new lodes in the immediate area and along the 30-kilometre-long Napié Fault, applying the exploration approach at Tchaga to the whole of the Napié Project.
The Gogbala and Tchaga North prospects, which are on the same +23 kilometre soil anomaly and coincident 30-kilometre-long Napie Fault have already delivered wide and high-grade drill results in wide-spaced drilling completed to date
Mako believes that the opportunity exists to identify multiple large gold deposits within the 30-kilometre-long permit.