Mako Gold (ASX:MKG) Reports Shallow High-Grade Gold Discovery in Scout Drilling at Tchaga North

2 min read | August 13, 2024 12:55 AM BST | By Team Kalkine Media

Mako Gold (ASX:MKG) has reported a significant discovery of shallow, high-grade gold at its Tchaga North prospect during a recent scout drilling campaign. The company drilled 1,200 meters using a Reverse Circulation (RC) rig, uncovering promising gold intersections that have encouraged the team to plan additional drilling in the near future. 

At one of the artisanal mining sites, the drilling revealed a 7-meter intersection with a gold grade of 5.4 grams per tonne (g/t) at a depth of 87 meters. This result, while considered shallow, indicates a rich gold presence. In the discovery zone, further drilling uncovered 6 meters at 1.75g/t gold from a depth of just 11 meters and another 2-meter intersection at 1.83g/t gold from 65 meters deep. 

These findings are consistent with previous exploration efforts, reinforcing the presence of multiple gold-bearing trends at the site. Mako Gold's Managing Director, Peter Ledwidge, emphasized the importance of these results, stating that they confirm Tchaga North as a critical area for expanding the company’s current maiden resource of 868,000 ounces of gold. 

Ledwidge highlighted the Deep Artisanal Mining Site as particularly significant, noting that the strong drill results align with earlier high-grade rock chip samples from the area, some of which showed gold values as high as 76g/t. This alignment between drilling results and previous surface samples suggests a robust gold system that warrants further exploration. 

Overall, Mako Gold's latest drilling campaign has not only identified new areas of interest at Tchaga North but also strengthened the company's confidence in the potential to increase its gold resource base. The company is now planning to bring drilling rigs back to the site in the coming months to build on these encouraging results. 


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