DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
Mako Gold (ASX:MKG) has completed its US$10 million raise and is now fully funded to execute the 45,000m drill program at Côte d’Ivoire and additional exploration with $15M in cash reserves. Mako Gold Managing Director Peter Ledwidge says the drill program at the Gogbala prospect is shaping up, with wide intersects of 35 meters at 1.9 grams and 20 meters.
“It’s looking really good for even just that small part of the permit because it’s allowing a 30 kilometer shear coincident with a 23 kilometers anomaly. There are still lots of drill targets, but we’re hitting those milestones, and we need to get that meeting resource,” said Ledgwidge.
Mako Gold’s exploration and growth strategy at its flagship Napié Project aims to extend existing high-grade mineralisation, test multiple high priority regional prospects with an aim to deliver a maiden Mineral Resource Estimate.
“The next milestone is getting that main resource out. We hope to achieve that within the next six to 10 months, 12 months. Down the road, do we put it in production ourselves, or do we harvest that and have other larger mining companies take over? We’re prepared for both outcomes.”
Investing News Network (INN)
Find out more about investing by INN @
Want a FREE investor kit? Download here↓
Follow us Facebook:
Follow us on Twitter:
The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.