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MAKO DELIVERS MAIDEN RESOURCE WITH RAPID GROWTH PATHWAY
Noosa Mining Investor Conference Presentation | |
20-22 July 2022 | ASX: MKG |
ersonal | |
DISCLAIMER
This Presentation ("Presentation") is for informational purposes only and is not a prospectus, disclosure document or offer document under the Corporations Act 2001 (Cth) ("Corporations Act") or any | ||
other law. This Presentation does not constitute, and is not to be construed as, an offer to issue or sell, or a solicitation of an offer or invitation to subscribe for, buy or sell securities in Mako Gold Limited | ||
only | ||
ACN 606 241 829 ("Mako"). The material in this presentation has been prepared by the Company and contains summary information about the Company's activities. The truth or accuracy of the | ||
information in this presentation cannot be warranted or guaranteed by the Company. The information in this presentation is of a general background nature and does not purport to be complete or | ||
contain all the information security holders would require to evaluate their investment in the Company. It should be read in conjunction with the Company's other periodic and continuous disclosure | ||
announcements which are available at www.makogold.com.au. Other than to the extent required by law (and only to that extent) the Company and its officers, employees and professional advisors make | ||
o representation or warranty (express or implied) as to, and assume no responsibility or liability for, the contents of this presentation. | ||
This Presentation does not purport to contain all information that recipients may require to make an informed assessment of Mako or its securities. Statements in this Presentation are made only as at the | ||
date of this Presentation unless otherwise stated and remain subject to change without notice. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of | ||
the information or opinions contained in this Presentation, or any omission from this Presentation. To the maximum extent permitted by law, Mako disclaims any responsibility to inform any recipient of | ||
this Presentation on any matter that subsequently comes to its notice which may affect the information contained in this Presentation, and undertakes no obligation to provide any additional or updated | ||
information whether as a result of new information, future events or results or otherwise. | ||
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This Presentation contains forward-looking statements regarding Mako and the potential of its current and future projects. Forward-looking statements can be identified by the use of forward-looking | ||
language such as "plans", "expects", "budgets", "schedules", "forecasts", "anticipates", "believes", or variations thereof, and statements that certain actions or results "may", "could", "would", "might", | ||
"will occur" or "will be achieved". Forward-looking statements are based on the opinions and estimates of Mako as at the date such statements are made. Forward-looking statements are subject to | ||
known and unknown risks that may cause the actual results, performance or achievements of Mako to be materially different from those expressed or implied by such forward-looking | ||
tatements. Although Mako has attempted to identify and account for these risks, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events | ||
could differ materially from those anticipated in such statements. Accordingly, Recipients should not place undue reliance on forward-looking statements contained in this Presentation. Mako does not | ||
ndertake to update any forward-looking statements except in accordance with applicable securities laws. | ||
Not financial product advice or offer - Information in this presentation, including forecast financial information, should not be considered as advice or a recommendation to investors or potential investors | ||
in relation to holding, purchasing or selling securities. Before acting on any information, you should consider the appropriateness of the information having regard to these matters, any relevant offer | ||
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document and in particular, you should seek independent financial advice. | ||
Competent Person's Statement - The information in this report that relates to Exploration Results is based on information compiled by Mrs Ann Ledwidge B.Sc.(Hon.) Geol., MBA, who is a Member of The | ||
Australian Institute of Geoscientists. Mrs Ledwidge is a full-time employee and a shareholder of the Company. Mrs Ledwidge has sufficient experience which is relevant to the style of mineralisation and | ||
type of deposit under consideration and to the activity which she is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration | ||
Results, Mineral Resources and Ore Reserves'. Mrs Ledwidge consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. | ||
The information relating to the Mineral Resource at the Napié Project is extracted from the ASX Announcement titled: 'Mako Delivers 868koz Maiden Resource to Provide Strong Growth Platform at Napié" | ||
dated 14 June 2022. The report is available to view on the Mako Gold website www.makogold.com.au. The report was issued in accordance with the 2012 Edition of the JORC Australasian Code for | ||
Reporting of Exploration Results, Mineral Resources and Ore Reserves. The company confirms that it is not aware of any new information or data that materially affects the information included in the | ||
original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves that all material assumptions and technical parameters underpinning the estimates in the relevant market | ||
announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person's findings are presented have not been materially | ||
modified from the original market announcement. | ||
This presentation is authorised by Peter Ledwidge, Managing Director. | 2 | 2 |
2 | ||
INVESTMENT HIGHLIGHTS
only | Resource represents only 13% |
Napié 868koz maiden | |
Mineral Resource | of prospective Napié fault |
use | Tier-1 Exploration team |
Rapid pathway to resource | |
growth through drill ready | credited for five significant |
ersonal | West African gold discoveries |
extensional & regional targets |
Exploring in proven gold jurisdiction
with >400Moz gold discovered
THE MAKO GOLD PORTFOLIO
only | Korhogo Project |
Napié Project | |
use | 0.87 Moz Au |
ersonal | |
1 R f r to ASX announcement dated 29 June 2021 |
2 R f r to Tietto ASX announcement dated 18 January 2022
Flagship Napié Project (224km2)
- 90% Mako ownership1
- In the same belt as Tietto's (ASX:TIE) 3.4Moz Abujar Project (targeting first gold in Q4-CY222)
- Hydroelectricity (green energy), bitumen road and water on permit
Korhogo Project (296km2)
- 100% Mako ownership
- Adjacent to Barrick's 4.9Moz Tongon gold mine and in same belt as Endeavour's 2.7Moz Wahgnion Mine in Burkina Faso
- Covers 17km of faulted greenstone/ granite contact (high-grade gold targets)
4 44
NAPIÉ MAIDEN MINERAL RESOURCE 868KOZ
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Deposit | Category | Tonnes | Gold Grade | Cont. Au |
(Mt) | (g/t) | (koz) | ||
Tchaga | Inferred | 14.6 | 1.16 | 545 |
Gogbala | Inferred | 7.8 | 1.29 | 323 |
Global Resource | Total | 22.5 | 1.20 | 868 |
Resources reported at a cut-off grade of 0.6g/t gold |
Potential for rapid resource growth
- Only 4.4km of 30km Napié shear (13%) systematically drilled for MRE
- 93% of the resource (808koz) sits within 150m of surface
- New gold discovery at Komboro Prospect
- Drilling planned on all prospects following wet season
- Aim to identify multi-million ounce mineral resource
Refer to ASX announcements 22 June 2018, 9 October 2018, 5 March 2020, 1 June 2022, | 5 | 5 |
14 June 2022, and 11 July 2022 | 5 | |
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Mako Gold Ltd. published this content on 19 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2022 22:33:03 UTC.