Company
Mako Gold Ltd
ASX:MKG
Mako Gold Ltd (ASX:MKG) is an Australian based exploration company focused on advancing its flagship Napié Gold Project in Côte d’Ivoire located in the West African Birimian Greenstone Belts which hosts more than 70 +1Moz gold deposits. Senior management has a proven track record of high-grade gold discoveries and delineation of Mineral Resources in West Africa.
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Mako Gold begins 25,000-metre auger drilling campaign for new gold targets at Napié in Côte d’Ivoire
“The large multi-rig auger drilling program will provide a very useful tool to narrow down the large soil anomalies at Napié for further resource drilling and should help to unlock the district scale multi-million-ounce potential of the Nap
Mako Gold secures 90% ownership of Napié Gold Project from Perseus Mining
The company has acquired 90% of the Napié Gold Project in Côte d’Ivoire from Perseus Mining and its subsidiary.
Mako Gold launches $3.1 million raise to fund Napié's near-term growth
“Proceeds of the placement will strengthen Mako’s balance sheet and provide a pathway to accelerate exploration on the Napié Project as we build on our recently announced maiden mineral resource estimate of 868,000 ounces of gold," said MD
Mako Gold makes high-grade gold discovery at Napié's Komboro prospect in Côte d’Ivoire
The find increases the company’s confidence in Komboro’s potential to add to the Napié resource inventory as drilling progresses.
Mako Gold’s maiden 868,000-ounce Napié gold resource provides strong growth platform
“The maiden mineral resource estimate is a significant milestone for Mako Gold. It is the first step in our vision to discover a multi-million-ounce resource base at the Napié Project,” says MD Peter Ledwidge.
Mako Gold receives speculative buy rating and $0.28 target from Blue Ocean ahead of maiden Napié gold resource
West Africa has been the most prospective gold exploration region in the world over the past 15 years with a huge rise in resources and production.
Mako Gold delivers assays of up to 4 metres at 101g/t gold from recent aircore drilling
"The results received from the aircore drilling in conjunction with our mapping and rock chip sampling have identified a 2-kilometre-long high-priority mineralised area which we will RC drill test following the current wet season," says MD.
Mako Gold hits 11.2 metres at 7.4 g/t gold during extensional drilling at Gogbala
“We are once again highly encouraged with the high success rate in our drilling with 40 of the 49 holes drilled returning significant gold results,” says MD.
Mako Gold kicks off maiden RC drilling program at the Korhogo Project in Côte d’Ivoire
The commencement of drilling at Korhogo marks an important milestone in the growth of the company as we progress to the drilling phase on the project," says MD Peter Ledwidge.
Mako Gold poised to investigate 2-kilometre-long Korhogo gold anomaly with maiden RC drilling
“We are highly encouraged by these coincident anomalies as this validates our motivation for acquiring these permits and increases the chance of the company making another significant gold discovery," says MD Peter Ledwidge.
Mako Gold discovers potentially resource-extending gold with Gogbala hits up to 6 metres at 5.05 g/t
“We are excited by our discovery of two new emerging mineralised zones at Gogbala as these present high-priority targets which have the potential to expand the resource when we resume drilling at Gogbala following the maiden MRE," says MD.
Mako Gold boosts Napié gold resource potential with more wide, high-grade Gogbala hits
Drilling is ongoing at Gogbala and a third drill rig is being mobilised and expected to arrive within two weeks to accelerate drilling prior to the maiden mineral resource estimate next quarter.
Mako Gold’s deep extensional drilling at Tchaga delivers up to 29.46 g/t gold
“We are pleased with the results from our extensional deep diamond drilling at the Tchaga Prospect, especially since all 10 holes intersected significant gold mineralisation. Gold mineralisation is shown to be open at depth, indicating that
Mako Gold accelerates drilling at Gogbala prospect with second drill rig at the Napié Project in Côte d’Ivoire
“The DD rig will allow us to test mineralisation at greater depth, in order to show the potential to add ounces to the deposit at depth," says MD Peter Ledwidge.
Mako Gold’s extensional drilling at Gogbala in Côte d’Ivoire yields high-grade bounty
Drilling at Gogbala has returned multiple high-grade intersections, including 1-metre at 30.89 g/t gold, found in an emerging zone two kilometres north of the priority mineral resource estimate area.
Mako Gold has extensive aircore drilling underway at regional Napié Project targets
The objective is to make new discoveries outside of the main Tchaga and Gogbala prospect areas as part of Mako’s overall strategy to define a multi-million-ounce resource on the Côte d’Ivoire permit.
Mako Gold begins 7,000-metre dual auger exploration program at Korhogo Gold Project in Côte d'Ivoire
“We are fully financed to advance this exciting new greenfield program on the Korhogo Project, as well as the Napié Project which remains our primary focus as we rapidly progress towards our mineral resource estimate," says MD.
Mako Gold's extensional drilling reveals more high-grade gold, expected to add to maiden resource
The company is confident of adding ounces of gold to its mineral resource estimates at Napié following pleasing assay results from recent drilling.
Mako Gold sets second drill rig spinning at Napié Gold Project, targeting extensions at depth
“We are very pleased to be accelerating the drill programs on the Tchaga and Gogbala prospects at the Napié Project as we move towards our maiden mineral resource estimate scheduled for the first half of calendar year 2022,” says MD.
Mako Gold secures second drill rig to accelerate Napié Project resource development
“The second rig will accelerate exploration as we move towards our maiden mineral resource estimate — scheduled for the first half of calendar year 2022,” says MD.
Mako Gold resumes extensive Tchaga drilling program at flagship Napié Project in Côte d’Ivoire
Its current cash position of around A$12 million provides ample funding to complete the planned programs.
Mako Gold's Gogbala hit of 35 metres at 1.72 g/t gold is widest intercept on southern extension of Napié Fault
The recent positive drill results from Gogbala, one of several prospective zones on the 30-kilometre-long Napié Fault, advances Mako’s goal of delineating a multi-million-ounce resource on the Napié Permit.
Mako Gold’s 20 metres at 3.41 g/t best result to date from Gogbala, shapes as Tchaga lookalike
"The wide and high-grade intercepts returned from Gogbala drilling are making Gogbala look more and more like 'Tchaga 2.0'. Both prospects have strong mineralisation outlined over a 2-kilometre strike length,” says MD.
Mako Gold hones in on possible Tchaga lookalike during Napié Gold Project drilling
“Although it is early days it appears that Gogbala is likely to have the same stacked lodes which are prominent at Tchaga,” says MD.
Mako Gold completes $10 million raise as it looks to build on maiden resource through 45,000 metres of drilling
“Due to the recent outstanding results received on the Tchaga Prospect, the company will extend the expected date of its maiden mineral resource estimate as it continues to expand the footprint at the Tchaga Prospect,” managing director Pet
Mako Gold notches up best-ever grade of 174.6 g/t gold as Tchaga drilling success continues
This high-grade result confirms continuity of mineralisation between oxide and fresh rock, following up on a previous intersection in fresh rock of 9 metres at 22.73 g/t gold from 32 metres.
Mako Gold begins 10,000-metre follow-up program at Napie’s Gogbala prospect
The company believes that Gogbala has the potential to host similar stacked gold lodes as those identified on the Tchaga Prospect.
Mako Gold receives US$700,000 on completing sale of non-core Niou Project
The completion of the sale agreement with Nordgold bolsters Mako's balance sheet and will help the company carry out an aggressive exploration program.
Mako Gold extends Tchaga strike to 2 kilometres at Napié Gold Project
The latest drill results have increased the footprint 140 metres to the southwest with the north-south mineralised footprint of the entire Tchaga prospect now boosted to 2 kilometres.
Mako Gold gains new substantial holder in Dundee Corporation with 6.05% stake
Proceeds of the company's recent placement will strengthen Mako’s balance sheet and provide a pathway to accelerate exploration at Tchaga Prospect of the Napié Gold Project.
Mako Gold gains new substantial shareholder in Delphi; fully funded for Napié gold drilling
Proceeds of the placement will strengthen Mako’s balance sheet and provide a pathway to accelerate exploration at the Tchaga Prospect on the Napié Gold Project.
Mako Gold raises $10 million in strongly supported placement to accelerate Napié gold exploration
“Attracting such high-quality institutional investors speaks to the potential of the project and experience of our team,” says MD Peter Ledwidge.
Mako Gold further extends mineralised footprint at Tchaga within Napié Project following strong gold results
The company is focused on advancing its flagship Napié Project in Côte d’Ivoire within the West African Birimian greenstone belts which host more than 70 +1-million-ounce gold deposits.
Mako Gold receives strong show of support with Perseus becoming cornerstone shareholder
The company has entered an agreement to lift its interest in the Napié Gold Project to 90% with Perseus Mining, a producer and developer, taking a 5.1% equity holding.
Mako Gold halted with news pending of material acquisition relating to the Napié Project in Côte d’Ivoire
Securities will remain halted until Wednesday, June 30, or when an announcement is released to the market.
Mako Gold continues to grow Tchaga prospect at Napié with hits up to 9.85 metres at 6.63 g/t
The company aims to deliver a maiden mineral resource estimate later this year as drilling results continue to validate its methodical approach.
Mako Gold extends Tchaga strike length to 1.8 kilometres following recent drilling at Napié Project
The latest results from ongoing drilling at Tchaga are from outside the main 1-kilometre-long area of recent focus for the upcoming maiden resource where four stacked mineralised lodes have been identified to date.
Mako Gold extends Gogbala gold mineralised trend to more than 7 kilometres within Napié Project
Final Gogbala results complete the preliminary drilling phase and pave the way for step-out drilling on two 1 kilometre-long high-priority targets.
Mako Gold completes helicopter geophysical survey to plan RC drilling at Korhogo Gold Project
The Korhogo Gold Project is within 30 kilometres of Barrick Gold's operating Tongon Gold Mine (4.9 million ounces) in a highly prospective greenstone belt that also hosts Montage Gold’s 3.2-million-ounce Kone gold deposit.
Mako Gold delivers further wide, high-grade gold results to extend Tchaga at depth
Assays are expected shortly for more than 75 drill holes of infill and extensional RC drilling at Tchaga and RC drilling at Gogbala as the assay lab works through a backlog of submitted samples.
Mako Gold completes soil geochemical program at Korhogo in Côte d’Ivoire with airborne magnetic survey to precede drilling
A maiden drilling program will begin following the processing and interpretation of the soil sampling and airborne geophysical surveys.
Mako Gold high-grade regional results confirm potential of major gold system at Gogbala
A dual rig extensional and infill maiden resource drill program is ongoing at Tchaga while an extensive soil sampling program is ongoing at Korhogo Project.
Mako Gold intersects further wide high-grade gold at Tchaga prospect on path to maiden resource
Extensive shallow and continuous mineralisation has been identified in drilling to date at the Tchaga prospect.
Mako Gold on track for further resource expansion at Napié Gold Project
The company is focused on exploring the Birimian greenstone belts in Côte d’Ivoire, which hosts its flagship Napié Project and represents an emerging district for world-class discoveries.
Mako Gold kicks off exploration on recently granted Korhogo permits in Côte d’Ivoire
The company’s core focus remains on its flagship Napié Project where two drill rigs are operating on double shifts.
Mako Gold increases Côte d’lvoire footprint on grant of Ouangolodougou Permit near Barrick’s Tongon mine
Ouangolodougou, along with the Korhogo Nord permit now constitute the Korhogo Project, which collectively cover 296 square kilometres over 17 kilometres of faulted greenstone granite contact.
Mako Gold steps up drilling in Côte d’Ivoire as second rig arrives for 5,200-metre Gogbala campaign
The company has started the drilling program at the prospect after encouraging results from a recently completed IP geophysical survey.
Mako Gold records high-grade gold at Tchaga Prospect of 41 metres at 4.51 g/t
Multiple wide gold mineralised intersections with internal high-grade intervals were returned from the stacked mineralised zones within the maiden resource target area on Tchaga Prospect.
Mako Gold reports continuing shallow, wide, high-grade gold intersections at Tchaga
The recent drilling results and 3D modelling have increased the company’s confidence in its targeting strategy leading into 2021.
Mako Gold plans aggressive exploration at Napié Gold Project in 2021
The company is exploring for multiple million-ounce gold deposits in the highly prospective Birimian greenstone belts in Côte d’Ivoire.
Mako Gold confirms shallow, high-grade gold zone of up to 143 g/t gold at Tchaga Prospect in Cote d’Ivoire
Assay results were received for a further four RC holes from the ongoing 10,000- metre RC and diamond drill program on its 224 square kilometres Napié Project in Côte d’Ivoire.
Mako Gold confident that wide and high-grade intercepts support Tchaga gold discovery
Drill results were returned from the Tchaga Prospect within the maiden resource target area, as well as from new conceptual exploration targets outside this area.
Mako Gold raises $10 million in oversubscribed placement with gold growth drilling set to resume
The funds will support ongoing drilling and a maiden mineral resource estimate at the Napié Gold Project in Côte d’Ivoire.
Mako Gold restructuring board in support of continuing West African gold evolution
The board changes bolster the corporate, industry and West African experience of Mako as it continues the acceleration of exploration and resource development at its flagship Napié Gold Project in Côte d’Ivoire.
Mako Gold to hit the ground running at newly granted Korhogo Nord permit in Côte d’lvoire
An initial exploration program on the permit is set to begin following the current wet season as soon as late October.
Mako Gold extends gold mineralisation 250 metres along strike at Tchaga in Côte d’Ivoire
Core from a further 13 reverse circulation drillholes will be shipped to the lab for assay imminently and 14 diamond holes have been completed with core being logged on site.
Mako Gold secures $10 million in strongly supported placement to accelerate gold exploration at Napié
Together with existing cash reserves of $2.8 million and proceeds from divesting the Niou project, the placement ensures the company is well funded to execute its strategic plan.
Mako Gold granted consecutive trading halts with capital raising news pending
Assay results were received for a further five RC holes on of the 10,000-metre ongoing drilling program on the Tchaga prospect on August 11.
Mako Gold hits 13 metres averaging 20.82 g/t gold in shallow drilling at Napié in Côte d’Ivoire, shares up
Assay results have been received for a further five RC holes of the 10,000-metre ongoing drilling program on the Tchaga prospect.
Mako Gold continues to deliver broad high-grade gold in Tchaga drilling
The prospect continues to deliver solid gold results, with the company aiming to advance towards a maiden JORC resource.
Mako Gold pushes forward with drilling program at Napié Project after positive results in June quarter
During the quarter the company commenced a 10,000 metre, 90-hole reverse circulation (RC) and diamond drilling (DD) program on the Napié Project.
Mako Gold delivers multiple broad high-grade gold intersections as Napié confidence grows
Assay results have been received for the first five RC holes of the planned 90-hole drill program scheduled to run through to December 2020.
Mako Gold completes $3.25 million capital raising to fund Napié Gold Project drilling
The company is fully funded for its 2020 exploration program following completion of the placement and definitive sale of the Niou Project.
Mako Gold opens higher on start of 10,000-metre drill program at Napié Gold Project in Cote d’Ivoire
The drilling program aims to test high priority drill targets at Tchaga to expand previously drilled mineralised zones, advance towards a maiden resource and test other prospects on the Napié permit.