Curated News
By: NewsRamp Editorial Staff
May 14, 2024
Mako Gold Advances Napié Gold and Korhogo Manganese Projects
TLDR
- Mako Gold completes trenching program at Tchaga North prospect, identifies high-grade gold zones and aims to leverage rising prices for gold and manganese.
- Mechanical trenching program covered 762 meters with samples taken at 1-meter intervals, targeting new high-grade gold zones identified by recent field mapping and rock chip sampling.
- Mako's exploration efforts could lead to increased supply of gold and manganese, contributing to economic growth and providing materials for electric vehicles.
- Mako Gold's exploration efforts in Côte d’Ivoire have revealed high gold concentrations and potential strategic partnership opportunities, with increased interest in the Napié Gold Project.
Impact - Why it Matters
Investors and stakeholders in the mining and exploration industry should pay attention to Mako Gold's latest advancements at the Napié Gold and Korhogo Manganese Projects in Côte d’Ivoire. The completion of the mechanical trenching program and the potential acquisition of Goldridge demonstrate the company's commitment to strategic growth and its resilience amid market fluctuations. Furthermore, Mako's exploration efforts and partnership opportunities signify potential future developments that could impact the global gold and manganese markets.
Summary
Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge discusses the completion of a mechanical trenching program at the Tchaga North prospect within the Napié Gold Project in Côte d’Ivoire. The trenching targeted new high-grade gold zones identified by recent field mapping and rock chip sampling, yielding high gold concentrations. Mako is now awaiting assay results to further evaluate the trenches and plan subsequent drilling operations. Additionally, Mako continues to explore strategic partnership opportunities for its Korhogo Manganese Project, aiming to secure third-party funding to focus more on the Napié Gold Project. Mako remains optimistic about leveraging rising prices for both gold and manganese.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, Mako Gold Advances Napié Gold and Korhogo Manganese Projects
