Mako Gold Ltd (ASX:MKG) has started a follow-up 10,000-metre reverse circulation (RC) and diamond drill (DD) program at the Gogbala Prospect within the company’s flagship Napié Project in Côte d’Ivoire.
Gogbala, at which the company has identified a high priority two-kilometre-long area, is on the same 23-kilometre soil anomaly and coincident 30-kilometre-long Napié Fault as the more advanced Tchaga Prospect.
At the outset, Mako has 31 RC/ DD holes totalling 3,400 metres planned for the first phase of drilling.
The second phase of drilling will be planned once results have been received from phase 1 drilling.
“Delineate several significant gold deposits”
Mako managing director Peter Ledwidge said: “We are excited to be returning to the Gogbala Prospect where our previous drilling returned some wide and high-grade results.
“We view Gogbala as the next step towards progressing the Napié Project in our goal to delineate several significant gold deposits on the permit.
“Our previous drilling was wide-spaced and returned some outstanding results worthy of follow-up drilling. As part of our overall strategy, it is logical to resume drilling on Gogbala while we await drill results on Tchaga.”
The geology at Gogbala is similar to Tchaga a few kilometres to the north
Previous drilling results
Previous drilling by Mako at Gogbala identified a two kilometre-long high-priority drill target which is the same strike length as the Tchaga Prospect.
This target has consistently delivered wide and high-grade results and is the focus of the upcoming maiden mineral resource estimate.
Select results from previous limited wide-spaced drilling by Mako on the two-kilometre target at Gogbala include:
- 12 metres at 5.39g/t gold from 11 metres;
- 6 metres at 4.97g/t from 68 metres; and
- 2 metres at 16.81g/t from 2 metres.
Potential to host a significant gold deposit
The geology at Gogbala is similar to Tchaga a few kilometres to the north.
Mako believes that Gogbala has the potential to host similar stacked gold lodes as those identified on the Tchaga Prospect, and therefore has the potential to host a significant gold deposit.
The drilling program will be divided into three phases allowing assay results to be received before starting the next phase of drilling.
Mako plans to drill other prospects while assay results are pending at Gogbala.
- Ephrems Joseph