About Mako Gold
Mako Gold Limited (ASX:MKG) is an Australian based exploration Company focused on advancing its flagship Napié Gold Project (224km2) in Côte d’Ivoire located in the West African Birimian Greenstone Belts which host more than 70 +1Moz gold deposits. Senior management has a proven track record of high-grade gold discoveries in West Africa and aim to deliver significant high-grade gold discoveries.
Mako Gold entered into a farm-in and joint venture agreement on the Napié Permit with Occidental Gold SARL, a subsidiary of West African gold miner Perseus Mining Limited (ASX/TSX:PRU). Mako currently own a 51% interest in Napié and has the ability to earn up to 75% interest through the delivery of a Feasibility Study.
Mako has recently entered into a binding agreement with Perseus Mining (ASX:PRU) to consolidate ownership from 51% to 90%.
In addition, Mako Gold has 100% ownership of the Korhogo Gold Project comprising two permits (296km2) covering 17km of faulted greenstone/ granite contact (high-grade gold targets) located within 30km of Barrick’s operating Tongon Gold Mine (4.9Moz Au) in a highly prospective greenstone belt that also hosts Montage Gold’s 3.2Moz Kone gold deposit, both located in Côte d’Ivoire, as well as Endeavour’s 2.7Moz Wahgnion gold mine across the border in Burkina Faso.
- A$10.0 million
Institutional Placement – July 2021 - A$10.0 million
Institutional Placement – October 2020 - A$3.2 million
Institutional Placement – May 2020