Mako Gold Ltd (ASX:MKG) has set drills to targets as it begins 7,000 metres of dual auger drilling at the Korhogo Gold Project in Côte d'Ivoire, targeting high-priority structural and geochemical targets identified through previous work programs.
This program is being fast-tracked with two drills working simultaneously, with a further 10,000 metres of aircore drilling planned to follow up promising results.
The Korhogo project area has so far remained unexplored with modern methods, constituting some 296 square kilometres of prospective greenstone belt, just 15-30 kilometres from Barrick Gold’s 4.9-million-ounce Tongon Gold Mine.
“Fully financed to advance”
“We are pleased to be advancing exploration on our Korhogo Project in the highly prospective Birimian greenstone belt which hosts Barrick’s 4.9-million-ounce Tongon Gold Mine,” Mako Gold managing director Peter Ledwidge said.
“We started work on the project in 2021 with an airborne geophysical program as well as a geochemical soil sampling program, which identified highly prospective targets which we will now be testing with auger drilling.
“We are fast-tracking the auger drilling sampling program with two rigs on the ground so that we can commence a 10,000-metre aircore drilling program when the auger results are received.
“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.”
Mako says its core focus will remain on the flagship Napié Project, where an extensional drilling campaign is in progress with a maiden mineral resource estimate planned for the second quarter of this calendar year.
About Mako Gold
Mako Gold is an exploration company focused on advancing its flagship Napié Gold Project in Côte d’Ivoire in the West African Birimian Greenstone Belts which hosts more than 70 deposits of in excess of 1 million ounces.
The company is concentrating on a systematic exploration and growth strategy that aims to extend existing high-grade mineralisation and test multiple high priority regional prospects.