Mako Gold Limited advised that the phase 2 auger drill program is now complete and all assays have been received for the 25,000m auger drilling program on the Company's 90% owned Napié Project in Côte d'Ivoire. Positive auger results clearly outline multiple multi-kilometre-long anomalies, along the 30km-long Napié Shear, equal or greater in size than Tchaga and Gogbala which constitute the maiden resource of 868koz at 1.2 g/t Au 1. The complete auger and geological mapping program identified 15 new drill targets along the 30km-long Napié fault and its associated splays. The phase 2 program was designed to infill wider-spaced auger drilling from phase 1 to vector in on anomalies identified in phase 1. Phase 1 drilling was conducted on a 400m x 100m grid, and phase 2 reduced the drill spacing to 200m x 50m in high priority areas.

This effectively narrowed down the anomalies from phase 1 to a drill-ready stage. A total of 791 holes, for 6,723m, were drilled in phase 2. Bottle roll analysis for gold was conducted on 761 samples collected from the end of hole. Some holes could not be sampled due to excess water in the hole.

In areas of artisanal gold mining, auger sampling was not always possible, however where sampling was possible the samples were taken in areas of no disturbance. Mako views artisanal mining sites as significant gold anomalies since artisanal miners only mine gold they can see without the aid of a hand lens. The identification of auger anomalies at Tchaga indicates a possibility to grow the resource to the west, the north, and to the northwest along a newly identified trend.

All areas remain untested by RC/DD drilling. There are several anomalies parallel or along strike to the Tchaga resource as well as evident splays to the northwest which are coincident with faults with potential for mineralisation.