According to a 2022 estimate, Mako Gold's Napié project hosts 868,000 ounces of gold in inferred resources. The Australian company has since been active in increasing the mineral resources at this project.
Mako Gold announced on July 10 the beginning of a 1,500-meter drilling program at the Tchaga North prospect at its Napié gold project in Cote d’Ivoire. The Australian firm targets three high-grade gold zones identified during recent exploration programs.
A 1500m scout RC drill program has commenced at the Tchaga North Project. Drilling is targeting 3 high-grade zones identified from recent mapping & trenching. Drill for equity agreement signed with Geodrill for up to 50% of drilling costs. https://t.co/vtL0mhrgNr #goldExploration pic.twitter.com/ZaOy3UnPc9
— Mako Gold (@MakoGoldLtd) July 9, 2024
"Drill testing of the three high-grade prospects is just the beginning of what could reveal other significant gold mineralized zones. These zones could contribute to increasing the current gold resource of 868,000 ounces on the Napié permit," explained Peter Ledwidge, CEO of Mako Gold.
Geodrill will lead the drilling program. In 2023, the drilling company made a deal to provide Mako Gold with its services at half the cost in exchange for shares.
Mako Gold holds a 90% interest in the Napié project.
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
EIB Global invested $80 million in RMBV North Africa III, becoming the fund’s anchor investor The fund targets more than $300 million in...
Cameroon to tax digital creators as part of broader revenue reform Tax targets income from ads, partnerships, and platform earnings Details...
SMART Zambia Institute trained 80 trainers in digital skills The program focuses on cybersecurity, digital systems, and fintech The initiative...
Standard Chartered to sell all Botswana operations, exit market entirely Sale plan expanded after buyers sought full business, not partial...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...