Mako Gold Limited advised that it has commenced a multi-rig, 25,000m auger drilling program on the company's 90% owned Napié Project in Côte
d'Ivoire. Napié hosts a +23km soil anomaly and coincident 30km-long Napié shear and associated splays. Historic auger drilling on certain portions of the permit have outlined anomalies associated with shears and faults at Napié. Orientation auger drilling on the Tchaga and Gogbala deposits, which form the basis of the maiden 868koz MRE, will highlight the auger signature of these deposits. Once the orientation drilling is complete on the Tchaga and Gogbala deposits, all drill rigs will be mobilised to sequentially complete each planned auger grid. Phase 1 of the program will commence with 400m spaced lines with samples collected every 100m along the line. The phase 2 infill program will consist of 200m spaced lines with samples collected every 50m from prospective areas identified in Phase 1. The purpose of the program is to demonstrate the multi-million-ounce gold potential of Napié by identifying several footprints equal or larger than Tchaga and Gogbala along the extensive 30km shear and associated faults at Napié. An RC drilling program will be planned on the best auger anomalies to prioritise the next resource drill targets. The auger program, by vectoring in on the large soil anomalies, will reduce the number of RC/DD drill holes required to expand the current MRE. It is expected mineralisation from broad soil anomalies will be narrowed down which should reduce the number of drill holes required to test targets along drill fences. This will expedite resource expansion and reduce RC/DD drilling costs for future resource updates. Five Landcruiser-mounted auger rigs will be used to cost effectively fast-track the drilling program. All of the auger rigs will work together on each grid in order to systematically ship the samples to the lab as soon as the drilling is completed on each grid. This will optimise the assessment of results in preparation for planned follow-up RC drilling. Mako geologists are currently on the ground mapping and rock chip sampling the greenstone/granite
contacts of the Napié and Korhogo projects, which typically are ideal places for high-grade gold deposition.
Geologists will also map and rock chip sample all granites at Napié and Korhogo to search for pegmatites
associated with the granites, in order to evaluate the potential for critical minerals.