Latest News

Mako Gold kicks off exploration on recently granted Korhogo permits in Côte d’Ivoire


Mako Gold Ltd (ASX:MKG) has started a soil geochemical survey on the recently granted Korhogo Gold Project in Côte d’Ivoire where no previous exploration has been recorded over 296 square kilometres of tenure.

A soil sampling grid covers high-priority gold targets along a regional fault within 15 to 30 kilometres of Barrick Gold’s (NYSE:GOLD) 4.9 million-ounce Tongon Gold Mine.

The company is planning a maiden drilling program to follow once the processing and interpretation of the soil sampling results has been completed.

Fast-tracking soil sampling

Managing director Peter Ledwidge said: “We started work on the project less than one month after the announcement of the granting of the Ouangolodougou permit which is a testament to the efficiency of our exploration team.

“We are fast-tracking the soil sampling program with four crews on the ground in preparation for a maiden drilling program on Korhogo.

“Our primary focus remains the Napié Project where we currently have two drills operating around the clock.”

The Ouangolodougou and Korhogo Nord permits were recently granted and constitute the Korhogo Project.

Both permits are 100%-owned by Mako and are easily accessible from the existing Mako field office.

Strategically selected

Korhogo Project was strategically selected by Mako to cover the greenstone-granite contact along a regional fault.

The soil sampling grids on the permits cover two splays, which Mako considers high-priority targets for gold mineralisation.

Napie´ project drilling

Drilling is ongoing with two drills operating at the Gogbala and the Tchaga prospects at the Napié Project.

Numerous samples have been recently delivered to the assay laboratory for testing, and the company is anticipating results later this month.

Proactive Oil & Gas weekly highlights: 88 Energy, COPL, Block Energy, Bahamas Petroleum, United Oil

Previous article

CentralNic acquires social marketing specialist Wando Internet Solutions

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News