Mako Gold Limited announced that it has received all assay results from the recent shallow aircore (AC) drilling program from the Tchaga North and Komboro prospects, within the Company's flagship Napié Project in Côte d'Ivoire 1. Tchaga North and Komboro are located on a +23km soil anomaly and coincident 30km-long Napié Fault (Figure 1). The average depth of the holes is 28m with all holes ending within the oxide zone. Samples were composited to 4m intervals. Results have been received from 151 shallow AC holes drilled on six targets at Tchaga North from a cost- effective scout drilling program. A 2km-long gold mineralised zone (purple arrow on Figure 2) has been identified where AC drilling returned up to 4m at 101.31g/t Au and previous RC drilling by the Company in 2018 returned 8m at 8.53g/t Au and 1m at 215g/t Au with visible gold2. This zone lies 2km north of the Tchaga Prospect on our
Napié Project which continues to deliver district scale potential. In addition, historic rock chip sampling in the 2km mineralised zone returned results which include 23.70g/t Au, 14.00g/t Au, 8.09g/t Au and 5.12g/t Au 3. A 2,700m RC drill program has commenced at the Komboro Prospect. Targets have been identified from recent AC drilling, where 192 shallow AC holes were drilled on six targets, and from geological mapping and rock chip sampling. Results from AC drilling include 4m at 1.93g/t Au, 4m at 1.20g/t Au, and 4m at 1.10g/t Au. Recent geological mapping identified artisanal mining sites with large quartz veins which can be intermittently traced over 9km in old and current artisanal mining pits. Some of the quartz veins are more than 1m wide as shown in Figures 6 and 7. Rock chip sampling was conducted on the artisanal mining sites. Several assays are pending but results received to date include 8.43 g/t Au, 5.12 g/t Au and 4.84g/t Au. Previous results from Mako sampling and historic results include 13.40g/t Au, 7.41g/t Au, and 5.93g/t Au. Current drilling at the Komboro Prospect and planned drilling at the Tchaga North Prospect are a key element of Mako's broad strategy to identify a multi-million-ounce deposit on the Napié Project, which the Company believes has district scale potential. The upcoming maiden MRE at Tchaga and Gogbala is on schedule for delivery by mid-June of this year. The plan following the MRE is to continue drilling the 7km section of the Napié Fault from the north end of Tchaga to the south end of Gogbala, where there are large undrilled zones, with the goal of growing the resource rapidly. In conjunction with this, the Company is drilling at Komboro and plans to drill at Tchaga North with the aim of identifying new areas along the 30km-long Napié fault for resource drill-out. This strategy would provide for quick growth at Tchaga and Gogbala following the maiden MRE and underpin a clear pathway to overall growth by identifying new mineralised zones for additional resources at other prospects on Napié.