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Mako Gold (ASX:MKG) is led by a highly experienced team of mining industry professionals with a proven track record of gold discoveries in West Africa.
The company is focused on the discovery of large high-grade gold deposits in highly prospective and under-explored terrains in Côte d'Ivoire, and other favourable countries in West Africa. Côte d'Ivoire contains more Birimian greenstone belts than other West African countries yet only 30Moz of gold resources have been found to date, making it an ideal location for future gold discoveries. It has a stable mining-friendly government, outstanding infrastructure and a modern and transparent mining code. Mako is concentrating on a systematic exploration and growth strategy that aims to extend existing high-grade mineralisation, test multiple high priority regional prospects and deliver a maiden Mineral Resource Estimate at the Napié Project in Côte d'Ivoire. Mako has strategic alliances with Perseus Mining Limited (ASX:PRU) and Geodrill (TSX:GEO). Mako Gold has completed the sale agreement to sell its Niou Project to Nordgold, a 1Moz per annum global producer, and retains a 1% NSR on the project. Nordgold has the right to purchase the NSR at any time for $US4.5M. Mako had announced a gold discovery on Niou in January 2019 following an 11-hole maiden RC drilling program. |
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