MAKO GOLD LIMITED - ASX Briefs

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MAKO GOLD LIMITED (ASX: MKG)

MKG: Drilling Commences on Manganese Discovery at Korhogo Project

MAKO GOLD LIMITED

Maiden RC drilling program commences at Korhogo Project on two parallel 7km-long manganese-rich units with results up to 33% Mn in rock chip sampling
10 holes and 500m drilling program will test for subsurface manganese mineralization on both 7km-long units at wide spacing
Mako Gold remains focused on expanding gold Mineral Resource on flagship Napié Project, with strong near-term news flow expected as drilling occurs on both projects

2023-05-24 08:20:00

MKG: Multi-Rig Drill Program Commences at Napie Gold Project

MAKO GOLD LIMITED

Phase 1 of a 10,000m reverse circulation (RC) drill program has started at the Napié Gold Project in Côte d'Ivoire with two rigs.
Four high-priority targets will be tested, aiming to discover gold deposits equal or larger than the existing Tchaga Resource of 545,000 ounces.
Drilling is part of Mako Gold's goal to expand its current 868koz maiden resource and outline a multi-million ounce gold camp at Napié.

2023-05-15 08:27:00

MKG: $2.6m Placement and Loyalty Option Offer

MAKO GOLD LIMITED

Mako Gold secures binding commitments to raise $2.6 million and plans a follow-on loyalty option offer to raise up to an additional $678,000.
Funds to be used to expand the Napié Gold Project and explore the Korhogo Project's large-scale manganese potential.
Strong near-term news flow expected as drilling commences on the flagship Napié Project with secured Reverse Circulation drill rigs.

2023-05-01 09:17:00

MKG: Two 7km Manganese-Rich Horizons Discovered at Korhogo

MAKO GOLD LIMITED

Mako Gold discovers two parallel 7km-long manganese-rich units at Korhogo Project, with significant manganese values averaging 22% Mn.
The discovery is along the strike of Shiloh Mining's Lagnonkaha manganese mine and enhances gold potential on permit.
Mako's growth potential now includes exposure to a new commodity in the EV revolution, in addition to the region's gold potential.

2023-04-26 08:25:00

MKG: Phase 2 Auger Results Vector in to New RC Targets at Napie

MAKO GOLD LIMITED

Phase 2 of 25,000m auger drill program completed with all assays received
15 significant targets identified for further resource expansion
Strong potential for multiple deposits within the permit area

2023-03-20 08:51:00

MKG: Drill for Equity MOU with Geodrill for up to US$2m

MAKO GOLD LIMITED

Mako Gold Limited has signed a binding Memorandum of Understanding (MOU) with Geodrill Limited, allowing for up to US$2M worth of equity drilling on Côte d’Ivoire projects.
The agreement gives Mako the discretion to use the drill for equity facility, and is proposed to be used for upcoming drill programs.
Geodrill will receive Mako shares in return for drilling services, and both companies look forward to increasing their respective shareholdings.

2023-02-27 08:44:00

MKG: Infill Auger Commences on Highest Priority Targets at Napie

MAKO GOLD LIMITED

Phase 2 of Mako's 25,000m auger drill program commenced to follow up on successful phase 1 auger results.
Infill drilling will tighten line and sample spacing from 400m X 100m to 200m X 50m.
Results from infill auger expected by end of February with RC/DD resource expansion drilling planned in March.

2023-02-06 08:53:00

MKG: New Gold Zone Outside Mineral Resource at Napie

MAKO GOLD LIMITED

A deep Diamond Drill hole revealed a new shallow gold mineralised zone outside the current mineral resource.
Wide zones of gold mineralisation were intersected at depth.
Structural consultants engaged to advance structural interpretation on Napié.

2023-02-01 08:29:00

MKG: Auger Results Indicate Potential for Napie Resource Growth

MAKO GOLD LIMITED

A 25,000m auger drill program identified multiple multi-kilometre gold anomalies that are equal or several times larger than Tchaga or Gogbala.
Results include 1g/t gold and 55.9g/t Au, with 4.7km, 10km, and 2.3km anomalies highlighting near-term resource growth potential at Napié.
Phase 2 auger drilling to commence shortly and to be followed up by RC/DD drilling.

2023-01-25 08:50:00