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.
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...
Ghana, JICA discuss road, bridge projects at IMF-World Bank meetings Kumasi Ring Road grant secured; talks focused on implementation...
Collaboration explores AI-RAN to improve network efficiency Nvidia provides computing power for real-time optimization Initiative aims to reduce...
$100 million facility targets fuel, medicines, and fertilizers Support comes amid rising global price pressures Deal reflects Burundi’s...
Ten-month program aims to strengthen macroeconomic management No financing attached, but key step toward re-engagement Progress hinges on...
Lomé is hosting the 9th edition of the International Film Festival of Togo (FIFTO) featuring 33 films. The event promotes African storytelling in...
Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium”...