Mako Gold (ASX: $MKG) initiates scout rc drill program at tchaga north in côte d'ivoire

Mako Gold Limited (ASX: $MKG) has commenced a 1,500m reverse circulation (RC) drill program at the Tchaga North Prospect in Côte d'Ivoire. The program aims to target three high-grade zones identified from recent mapping and trenching programs within the vast Tchaga North area.

Executive commentary on scout rc drill program at tchaga north

The drill testing of the three high-grade prospects is just the beginning of what may unlock further significant gold mineralized zones. These zones could contribute towards an increase of the current 868,000 ounce gold resource on the Napié Permit. We are pleased to have secured a drill-for-equity agreement with our drilling contractor, Geodrill, which will help us preserve cash while achieving our goal of drill testing the high-priority targets identified by our recent 'boots-on-the-ground' field work. We have a long-standing relationship with Geodrill and have always been impressed with the quality of their work, including their extraordinary ESG initiatives in the communities where they operate. Geodrill has been on the MKG share register for some time, and we welcome their further investment in the Company.

Summary of Mako Gold's scout rc drill program at tchaga north

Mako Gold Limited (ASX: $MKG) has initiated a 1,500m scout RC drill program at Tchaga North on the Company's 90% owned flagship Napié Project in Côte d'Ivoire. The program is targeting high-grade gold zones identified by recent mapping and trenching programs within the large Tchaga North area. The drill testing aims to unlock further significant gold mineralized zones that could contribute to an increase in the current 868,000 ounce gold resource on the Napié Permit. The Company has secured a drill-for-equity agreement with its drilling contractor, Geodrill, to preserve cash while achieving the goal of drill testing the high-priority targets identified by recent field work. The program represents a first pass test of three newly identified east-west zones, with further work planned to follow up on positive results.