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.
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
The United States is exploring Morocco as an alternative fertilizer supplier amid Middle East disruptions. About 22% of U.S. fertilizer imports,...
System to enable tree-level traceability from forest to export Reform targets data gaps, fraud risks, and weak sector oversight Gabon's government...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID), in partnership with ASKY Airlines and Plan International Togo, successfully hosted the...
SMEs drive up to 40% of GDP and most jobs but face regulatory and financial constraints Power shortages and limited access to finance remain major...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...