Mako Gold (ASX:MKG) has released its June 2022 investor presentation.


INVESTMENT HIGHLIGHTS

  • Napié 868koz maiden Mineral Resource
  • Resource represents only 13% of prospective Napié fault
  • Rapid pathway to resource growth through drill ready extensional & regional targets
  • Tier-1 Exploration team credited for five significant West African gold discoveries
  • Exploring in proven gold jurisdiction with >400Moz gold discovered

NAPIÉ MAIDEN MINERAL RESOURCE 868KOZ

Potential for rapid resource growth

  • Only 4.4km of 30km Napie shear (13%) systematically drilled at Tchaga and Gogbala prospects
  • 93% of the resource (808koz) sits within 150m of surface
  • 2,700m drill program ongoing at Komboro Prospect
  • Drilling planned at Tchaga North following wet season
  • Aim to identify multi-million ounce mineral resource

THE MAKO GOLD PORTFOLIO

Flagship Napié Project (224km2)

  • Mako has entered into a binding agreement with Perseus Mining (ASX:PRU) to consolidate ownership from 51% to 90%1
  • In the same belt as Tietto’s (ASX:TIE) 3.4Moz Abujar Project (targeting first gold in Q4-CY222)
  • Powerline, bitumen road and water on permit

Korhogo Project (296km2)

  • Two permits adjacent to Barrick’s 4.9Moz Tongon gold mine and in same belt as Endeavour’s 2.7Moz Wahgnion Mine in Burkina Faso
  • Covers 17km of faulted greenstone/ granite contact (high-grade gold targets)
  • 100% Mako ownership

NEXT STEPS

  • Shallow drilling in 4.5km area between Tchaga and Gogbala to define more resources
  • Deeper drilling at Tchaga and Gogbala to extend resource at depth
  • Drilling at Komboro and Tchaga North prospects to target next resource
  • Continue exploration on Korhogo Project


Click here for the full ASX Release

This article includes content from Mako Gold, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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