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Mako circles new
gold upside
Mako Gold Ltd has shared with the mar-
ket a new high-grade gold discovery at its
Komboro prospect in Napie.
The discovery, which followed the an-
nouncement of a maiden 868,000oz
gold resource for Tchaga and Gogbala,
showed multiple high-grade shallow inter-
cepts from RC drilling.
Results included 9m @ 3.26 g/t gold
from 67m (including 3m @ 7.29 g/t from
67m and 1m @ 30.47g/t from 86m), 1m @
8.45 g/t from 74m and 5m @ 1.64 g/t from
56m.
Of the seven targets drilled, six returned
untapped potential that had laid waiting in
the northern part of the exploration permit.
“We are thrilled with the results of our
new discovery at the Komboro prospect Alicanto managing director Peter George on site at Sala, Sweden
as it has confirmed the presence of signifi-
cant mineralisation at a fourth prospect on tory growth to come, with the mineralisa- Core continues to drill at the project with
the Napie project,” Mako managing direc- tion open in every direction and numerous an expectation of further significant in-
tor Peter Ledwidge said. “We look forward highly prospective targets to drill.” creases to resources and reserves.
to drilling more extensively along the 9km The company will uphold its current “Most of the deposits at Finniss – in-
long intermittent artisanal mining sites at pace of drilling, with more assays on the cluding BP33, Carlton, Hang Gong, Ah
the end of the wet season.” way at the time of print. Most recent as- Hoy and Sandras – remain open at depth
says included 4.7m @ 24.4% zinc and and along strike and we are confident in
Alicanto shows 875 g/t silver and 3.7% lead from 258.6m, the potential to deliver further significant
increases to the Finniss resource and re-
2.8m @ 12.7% zinc and 22 g/t silver from
Swedish spoils 516.9m and 4.3m @ 20.7% zinc, 165 g/t serve position,” Core non-executive chair-
silver and 1.1% lead from 76.4m. man Greg English said.
Alicanto Minerals Ltd has released a
9.7mt @ 4.5% zinc for 311,000t contained
zinc, 15 moz silver and 44,000t lead maid- Core strengthens Boss makes first-class
en resource for its Sala project in Sweden. lithium resource Honeymoon hits
The company said in a July announce-
ment there was still opportunity for further Core Lithium Ltd has upgraded the re- Following the completion of FID at its
growth on the resource which has proved source and reserves for its Finniss Lithium under care-and-maintenance Honeymoon
itself to be worthy on a global scale. project outside of Darwin. project in South Australia, Boss Energy Ltd
“The fact we established such a sub- The measured and indicated resource has released new drill results to further im-
stantial resource in just over a year of tak- increased 61% to 13.3mt @ 1.4% lithium prove the project’s forecast production and
ing ownership highlights the strength of the while the reserve increased by 43% to mine life.
mineralisation and the immense ongoing 10.6mt @ 1.3% lithium. Assays released in mid-July from well-
growth potential,” Alicanto managing di- The life of mine for Finniss, which is cur- field delineation drilling included 6.1m @
rector Peter George said. rently moving towards fully-funded first 2,640ppm uranium, 3.4m @ 1,700ppm
“We believe there is significant inven- production, also extended to 12 years. and 1.20 @ 3,500pm.
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