Mako Gold Limited Receives Assay Results from Shallow Aircore Drilling Program from Tchaga North and Komboro Prospects
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.