- Mako Gold (MKG) confirms a significant manganese discovery from the surface at its Korhogo project in Ivory Coast, West Africa
- This confirmation follows the results from a 10-hole reconnaissance RC drilling program on the Ouangolodougou permit
- Results include 27 metres at 10.2 per cent manganese, including a seven-metre section at 14 per cent manganese
- Cote d’Ivoire ranks among the top global manganese producers
- Mako Gold last traded at 2.4 cents
Mako Gold (MKG) has confirmed a significant manganese discovery from the surface at its Korhogo project in Ivory Coast, West Africa.
This confirmation follows the results from a 10-hole reconnaissance reverse circulation (RC) drilling program on the Ouangolodougou permit.
The drillholes were strategically positioned to examine two parallel manganese-rich geological units, spanning a combined strike length of more than 14 kilometres.
Eight out of the ten drill holes struck manganese, hinting at the prospect of a globally significant manganese deposit.
One standout outcome of the program was the identification of multiple expansive manganese intersections at relatively shallow depths.
Results included 27 metres at 10.2 per cent manganese, including a seven-metre section at 14 per cent manganese.
Another notable result included 19 metres at 6.7 per cent manganese from 31 metres.
Mako Gold’s manganese discovery aligns well with Cote d’Ivoire’s status as a global producer of manganese, ranking within the top 10.
In 2022 alone, the country yielded 36,000 metric tons of manganese, further highlighting the potential value of Mako’s findings.
Mako Gold last traded at 2.4 cents.