HIGHLY PROSPECTIVE PROJECT
The Korhogo Nord and Ouangolodougou Permits cover 185km2 and 111km2 respectively of prospective tenure. Together they form the Korhogo Project with 100% ownership by Mako Gold. The permits are easily accessible from the Mako Field Office (Figure 1).
The permits are located within 30km of Barrick's operating 4.9Moz Au Tongon Gold Mine. This proximity has the potential to create accretive development and processing synergies should Mako be successful in discovering a gold deposit in the permit(s).
The permits cover significant greenstone-granite contact along a regional fault, favourable for high grade gold mineralisation. To our knowledge, no previous exploration has been conducted.
An airborne helicopter magnetic/ radiometrics geophysical survey and first-pass soil geochemical sampling program have been completed on the Korhogo Project.
The geophysical survey was flown along 100m spaced lines at an altitude of 20-30m in a northwest and southeast direction to fly perpendicular to the regional faults and splays. The survey collected magnetic and radiometric data on both permits. Regional faults are a key conduit or “plumbing system” for gold bearing fluids at Korhogo.
Soil geochemical samples were collected over a wide-spaced grid with 400m spaced lines and 100m sample spacing. A total of 2,351 and 1,447 samples were collected on the Ouangolodougou and Korhogo Nord permits, respectively. The geochemical soil program targeted the greenstone-granite contact along a regional fault therefore only the northern part of the Korhogo Nord permit was sampled since the southern part of the permit is entirely granite.
A follow-up tighter-spaced (100m spaced lines and 50m sample spacing) soil geochem sampling program is planned over anomalous areas identified in the first-pass soil sampling program after the wet season. Once the results from the follow-up program are received a 10,000m air core (AC) maiden drill program is planned on the Korhogo Project.