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Mako Gold (ASX: $MKG) discovers new high-grade gold zone at tchaga north

Mako Gold (ASX: $MKG) Discovers New High-Grade Gold Zone at Tchaga North


Mako Gold Limited (ASX: $MKG) has announced the discovery of a new high-grade gold zone, named the Central Zone, at Tchaga North on the Napié Project in Côte d'Ivoire. The high-grade rock chip results, including 76.10g/t Au, 24.34g/t Au, and 12.95g/t Au, complement the previously announced results, further confirming Tchaga North as a high-grade drill target. Excavator trenching has commenced to map and sample the extent of quartz veining at the Double Zone, Ladder Zone, and the newly named Central Zone to generate new targets for drilling, aiming to increase the 868,000 OZ maiden resource on the Napié Project.

Mako Gold's Managing Director, Peter Ledwidge, on the Discovery


We are thrilled with the discovery of yet another high-grade zone on Tchaga North, with early indications from rock chips pointing towards this area being a new standout. Detailed geological mapping is continuing to yield excellent results, including this newly discovered zone which adds to the inventory of high-grade gold at the prospect. We are also very pleased to announce the commencement of the trenching program on the Central Zone as well as the Double Zone and Ladder Zone at Tchaga North. This is the natural progression leading up to a drill program targeting high-grade gold in the recently discovered east-west structures which have never been drilled.

Summary of Mako Gold's New High-Grade Gold Zone Discovery


Mako Gold Limited (ASX: $MKG) has reported the discovery of a new high-grade gold zone, the Central Zone, at Tchaga North on the Napié Project. The company is pleased with the early indications from rock chips and the commencement of the trenching program, which is the next step leading up to a drill program targeting high-grade gold in the recently discovered east-west structures. The discovery further confirms Tchaga North as a high-grade drill target and aims to increase the 868,000 OZ maiden resource on the Napié Project. Mako Gold's ambitions include detailed geological mapping, trenching, and drilling to expand the high-grade gold inventory at the prospect.

MAKO GOLD LIMITED
MKG | ASX | Materials
0.0090(+0%)
At close 05/07 (AEDT)
Market cap
$8.8M
Volume
150,000
DY Yield
0
PE Ratio
0
52 Week Range
0.008 - 0.032
1YR Return
N / A

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