Napié Project
NAPIE IS LOCATED IN AN UNDEREXPLORED GREENSTONE BELT
Mako Gold's flagship Napié Project is located in the north central part of Côte d’Ivoire. It is 30km southeast of the city of Korhogo and it is easily accessed by a good road system. The Napié Project covers a strike length of 30km over a highly prospective land package of 224km2.
OWNERSHIP
Mako completed the acquisition of an additional 39% interest in the Napié Project, increasing total ownership to 90% of the permit. As a result, established West African gold producer, Perseus Mining Limited (ASX:PRU), is a strategic shareholder with a 2.94% equity holding in Mako.
Mako Gold's flagship Napié Project is located in the north central part of Côte d’Ivoire. It is 30km southeast of the city of Korhogo and it is easily accessed by a good road system. The Napié Project covers a strike length of 30km over a highly prospective land package of 224km2.
OWNERSHIP
Mako completed the acquisition of an additional 39% interest in the Napié Project, increasing total ownership to 90% of the permit. As a result, established West African gold producer, Perseus Mining Limited (ASX:PRU), is a strategic shareholder with a 2.94% equity holding in Mako.
Tchaga and Gogbala Prospects
MAIDEN MINERAL RESOURCE
Mako announced a maiden Inferred Mineral Resource Estimate (MRE) of 22.45Mt at 1.20g/t Au for 868k contained ounces of gold on the Tchaga and Gogbala deposits, within the Company’s flagship Napié Project in Côte d’Ivoire (Figure 1) .The MRE was reported in accordance with the JORC Code (2012).
The Inferred maiden MRE comprises the Tchaga and Gogbala deposits which constitute only 4.4km of the 30km-long Napié Shear. Only 13% of the Napié Shear has been systematically drilled, indicating the strong potential for resource growth at Napié by drilling between Tchaga and Gogbala as well as on other undrilled portions of the Napié Shear.
Click here for more details on the MRE announcement.
Mako announced a maiden Inferred Mineral Resource Estimate (MRE) of 22.45Mt at 1.20g/t Au for 868k contained ounces of gold on the Tchaga and Gogbala deposits, within the Company’s flagship Napié Project in Côte d’Ivoire (Figure 1) .The MRE was reported in accordance with the JORC Code (2012).
The Inferred maiden MRE comprises the Tchaga and Gogbala deposits which constitute only 4.4km of the 30km-long Napié Shear. Only 13% of the Napié Shear has been systematically drilled, indicating the strong potential for resource growth at Napié by drilling between Tchaga and Gogbala as well as on other undrilled portions of the Napié Shear.
Click here for more details on the MRE announcement.
CONTROLS ON GOLD MINERALISATION
Mineralisation is proximal to faults which act as the “plumbing” for gold bearing fluids, as shown on Tchaga section A-B (Figure 2). Gold mineralisation is observed as structurally controlled "pinch and swell" stacked lodes and is not restricted to a single lithology.
Mineralisation is proximal to faults which act as the “plumbing” for gold bearing fluids, as shown on Tchaga section A-B (Figure 2). Gold mineralisation is observed as structurally controlled "pinch and swell" stacked lodes and is not restricted to a single lithology.
Tchaga North and Komboro Prospects
Tchaga North is located on a +23km soil anomaly and coincident 30km-long Napié Fault and associated fault splays. Komboro is located on the same 30km fault and associated fault splays coincident with a 4km soil/auger anomaly. At Komboro the structure takes a jog from the NE to the NNE which may indicate dilational zones that are conducive to gold deposition (Figure 3).
At Tchaga North a 2km-long gold mineralised zone (Figure 4) has been identified where AC drilling returned up to 4m at 101.31g/t Au and previous RC drilling by the Company in 2018 returned 8m at 8.53g/t Au and 1m at 215g/t Au with visible gold. This zone lies 2km north of the Tchaga Prospect. In addition, historic rock chip sampling in the 2km mineralised zone returned results which include 23.70g/t Au, 14.00g/t Au, 8.09g/t Au and 5.12g/t Au.
Recent geological mapping at Komboro identified artisanal mining sites with large quartz veins which can be intermittently traced over 9km in old and current artisanal mining pits. Some of the quartz veins are more than 1m wide as shown in Figures 5 and 6.
At Tchaga North a 2km-long gold mineralised zone (Figure 4) has been identified where AC drilling returned up to 4m at 101.31g/t Au and previous RC drilling by the Company in 2018 returned 8m at 8.53g/t Au and 1m at 215g/t Au with visible gold. This zone lies 2km north of the Tchaga Prospect. In addition, historic rock chip sampling in the 2km mineralised zone returned results which include 23.70g/t Au, 14.00g/t Au, 8.09g/t Au and 5.12g/t Au.
Recent geological mapping at Komboro identified artisanal mining sites with large quartz veins which can be intermittently traced over 9km in old and current artisanal mining pits. Some of the quartz veins are more than 1m wide as shown in Figures 5 and 6.
Blue Sky at Napié
Only 4.4km of the +30km shear (13%) has been systematically drilled at the Tchaga and Gogbala prospects. Gold mineralisation remains open laterally, along strike and at depth. Furthermore, multiple gold trends, exhibiting similar characteristics and trends sub-parallel to the main trend, provide other targets for drilling with the aim to identify new areas along the 30km-long Napié fault for resource drill-out.