TSX-V: MKO
The goal of the 2019 drill program at Las Conchitas was to confirm near surface, shallow dipping, high-grade gold mineralization previously encountered in trenches and drill holes across eight separate gold bearing zones and to prioritize targets to begin delineating a maiden resource at Las Conchitas. The Company completed 81 shallow drill holes totaling 5,994.60 meters ("m") within the Las Conchitas area in 2019 (see the attached map).
This press release contains results from 21 holes totaling 1,794.90 m drilled into five zones. Results from the 2019 drill program at Las Conchitas were previously reported in press releases dated
The highest grade interval reported in this press release was in drill hole LC19-135, which intersected 56.80 g/t Au and 70.3 g/t Ag over 1.4 m (see the attached cross and long sections). LC19-135 successfully tested the southwest extension of the
Additionally, drill hole LC19-141, which was collared 130 m along strike from drill hole LC11-01 (see press release dated
Upper Mango Zone - 4.11 g/t Au and 4.1 g/t Ag over 0.5 m from 27.5 m to 28 m downholeMango Zone - 3.22 g/t Au and 4.5 g/t Ag over 0.5 m from 61 m to 61.5 m downholeMango Zone - 44.6 g/t Au and 43.1 g/t Ag over 0.7 m from 68.2 m to 68.9 m downhole
Drilling at the
Furthermore, drill hole LC19-124 was designed to test the southwest extension of the
Las Conchitas Assay Results Reported In This Press Release
Drill Hole | From | To | Width | Au | Ag | Interval Average/Comments | Zone |
LC19-108 | 6.00 | 7.50 | 1.50 | 0.21 | 0.5 | Anomalous Values | |
13.00 | 14.00 | 1.00 | 0.13 | 0.4 | |||
47.50 | 48.50 | 1.00 | 0.12 | 0.7 | |||
LC19-109 | 13.00 | 14.00 | 1.00 | 0.15** | 0.4 | Anomalous Values | |
16.00 | 17.50 | 1.50 | 0.10** | 0.3 | Anomalous Values | ||
LC19-110 | 24.40 | 25.20 | 0.80 | 5.32** | 7.8 | 5.32 g/t Au and 0.4 g/t Ag over 0.8 m | |
LC19-111 | 33.60 | 35.00 | 1.40 | 0.17** | 0.7 | Anomalous Values | |
LC19-112 | 29.50 | 30.60 | 1.10 | 0.10 | 0.6 | Anomalous Values | |
42.00 | 43.00 | 1.00 | 0.19** | 0.3 | |||
44.00 | 45.00 | 1.00 | 0.16** | <0.3 | |||
LC19-113 | No Significant Results | ||||||
LC19-114 | 36.70 | 37.90 | 1.20 | 0.22** | 0.8 | Anomalous Values | |
LC19-115 | 22.50 | 23.50 | 1.00 | 0.34 | 0.3 | Anomalous Values | |
48.80 | 50.00 | 1.20 | 5.7** | 10.9 | 5.70 g/t Au and 10.9 g/t Ag over 1.2 m | ||
50.00 | 51.00 | 1.00 | 0.13** | 0.5 | |||
51.00 | 51.90 | 0.90 | 0.95** | 0.8 | |||
LC19-116 | No Significant Results | ||||||
LC19-117 | 52.50 | 53.80 | 1.30 | 0.34** | 2.8 | Anomalous Values | |
LC19-118 | 40.50 | 41.50 | 1.00 | 0.13** | 1.6 | 1.81 g/t Au and 3.4 g/t Ag over 1.0 m | |
41.50 | 42.50 | 1.00 | 0.08** | 0.8 | |||
42.50 | 43.50 | 1.00 | 0.31** | 1.0 | |||
43.50 | 44.50 | 1.00 | 1.81** | 3.4 | |||
44.50 | 45.50 | 1.00 | 0.22** | 1.0 | |||
45.50 | 46.50 | 1.00 | 0.20** | 0.6 | |||
46.50 | 47.50 | 1.00 | 0.19** | 0.5 | |||
LC19-119 | No Significant Results | ||||||
LC19-120 | 9.50 | 10.60 | 1.10 | 0.10** | 2.5 | Anomalous Values | La Fortuna |
10.60 | 12.00 | 1.40 | 0.44** | 2.6 | |||
13.50 | 14.50 | 1.00 | 0.15** | 0.6 | |||
40.00 | 41.60 | 1.60 | 0.34** | 7.3 | |||
47.50 | 49.00 | 1.50 | 0.55 | 11.0 | |||
56.60 | 57.20 | 0.60 | 0.20** | 43.2 | |||
57.20 | 28.20 | 1.00 | 0.16** | 55.8 | |||
60.30 | 61.40 | 1.10 | 0.32** | 1.3 | |||
67.30 | 68.50 | 1.20 | 0.13** | 0.4 | |||
LC19-121 | 25.00 | 26.00 | 1.00 | 0.35** | 0.6 | Anomalous Values | |
29.80 | 31.00 | 1.20 | 0.38 | 0.5 | |||
LC19-122 | 5.50 | 7.00 | 1.50 | 0.11 | 0.3 | Anomalous Values | |
LC19-123 | Results Pending | ||||||
LC19-124 | 27.70 | 28.70 | 1.00 | Void | SW | ||
41.40 | 42.50 | 1.10 | Void | ||||
199.80 | 200.60 | 0.80 | 8.68** | 24.9 | 8.68 g/t Au and 24.9 g/t Ag over 0.8 m | Down Dip | |
202.70 | 203.40 | 0.70 | 26.80** | 50.1 | 26.80 g/t Au and 50.1 g/t Ag over 0.7 m | ||
LC19-125 | Results Pending | SW | |||||
LC19-126 | Results Pending | ||||||
LC19-127 | Results Pending | ||||||
LC19-128 | Results Pending | ||||||
LC19-129 | Results Pending | ||||||
LC19-130 | 92.20 | 93.70 | 1.50 | 0.80 | 1.2 | Anomalous Values / Partially Received Results | |
94.90 | 96.10 | 1.20 | 0.18 | 0.5 | |||
96.10 | 97.00 | 0.90 | 0.10 | 0.7 | |||
LC19-131 | No Significant Results | ||||||
LC19-132 | 96.00 | 97.10 | 1.10 | 2.15 | 5.1 | 2.15 g/t Au and 5.1 g/t Ag over 1.1 m | |
LC19-133 | Results Pending | ||||||
LC19-134 | Results Pending | ||||||
LC19-135 | 62.10 | 63.50 | 1.40 | 56.80 | 70.3 | 56.80 g/t Au and 70.3 g/t Ag over 1.4 m | |
LC19-136 | Results Pending | ||||||
LC19-137 | Results Pending | ||||||
LC19-138 | Results Pending | ||||||
LC19-139 | Results Pending | ||||||
LC19-140 | Results Pending | ||||||
LC19-141 | 27.5 | 28 | 0.5 | 4.11 | 4.1 | 4.11 g/t Au and 4.1 g/t Ag over 0.5 m | |
61 | 61.5 | 0.5 | 3.22 | 4.5 | 3.22 g/t Au and 4.5 g/t Ag over 0.5 m | ||
68.2 | 68.9 | 0.7 | 44.6 | 43.1 | 44.6 g/t Au and 43.1 g/t Ag over 0.7 m | ||
LC19-142 | Results Pending | ||||||
LC19-143 | Results Pending | ||||||
LC19-144 | Results Pending | ||||||
LC19-145 | Results Pending | ||||||
LC19-146 | Results Pending | ||||||
LC19-147 | Results Pending |
The mineralized intervals shown above utilize a 1.0 g/t gold cut-off grade with not more than 1.0 meter of internal dilution. *Lengths are reported as core lengths. True widths vary depending on drill hole dip, the veins are shallow dipping and typical true widths are 80-100% of the downhole width. **Indicates assays determined using the metallic screening method |
Sampling, Assaying, QA/QC and Data Verification
Drill core was continuously sampled from inception to termination of the drill hole. Sample intervals were typically one meter. Drill core diameter was HQ (6.35 centimeters). Geologic and geotechnical data was captured into a digital database, core was photographed, then one-half split of the core was collected for analysis and one-half was retained in the core library. Samples were kept in a secured logging and storage facility until such time that they were delivered to the
Qualified Person
On behalf of the Board,
Chief Executive Officer
About Mako
Forward-Looking Statements: Some of the statements contained herein may be considered "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is based on certain expectations and assumptions, including that the results pending from the remaining nineteen additional drill holes for which the Company is awaiting results from the laboratory will support strike and dip continuity of gold mineralization; that the Company's exploration programs will be successfully completed; that a maiden resource at the
Neither the
SOURCE
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