Articles On Mako Gold (ASX:MKG)

Assay results have been received for a further five RC holes of the 10,000-metre ongoing drilling program on the Tchaga prospect.

A quick wrap of the ASX’s key winners and losers on Tuesday, August 4. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 932 stocks rose, 446 declined and 7...

Gold has been on a winning streak not seen in years, prompting RBC Capital Markets to launch a new ‘high’ scenario where gold crosses $US3,000/oz ($4,216/oz). Uncertainty is high amongst global investors as the number of crises – health, po...

The prospect continues to deliver solid gold results, with the company aiming to advance towards a maiden JORC resource.

ASX companies continued to raise money in July, with over $4bn shelled out by investors, taking 2020’s total above $30bn. According to Bloomberg, there has been $32.3bn worth of cash raised between January 1 and August 3. This is well ahead...

During the quarter the company commenced a 10,000 metre, 90-hole reverse circulation (RC) and diamond drilling (DD) program on the Napié Project.

Resolute Mining Ltd [ASX:RSG] said today they’ve increased the life of their Mako Gold Mine by an extra two years. The mine will now be producing gold until 2027, a total of nine years instead of seven. Mako Gold Mine is located in Senegal,...

West Africa-focused explorer Mako Gold (ASX: MKG) has confirmed the first assays from a 90-hole drilling program, which kicked off last month at its flagship Napié project in Côte d’Ivoire, have intersected two wide zones of high-grade go...

Assay results have been received for the first five RC holes of the planned 90-hole drill program scheduled to run through to December 2020.

Investment in gold companies is starting to look a lot like herding “elephants through a really small door” as spot prices crossed back over the $US1,800 an ounce price after a slight dip over the weekend. In other words, there is a lot of...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The company is fully funded for its 2020 exploration program following completion of the placement and definitive sale of the Niou Project.

‘Guy on Rocks’ is a Stockhead series looking at the significant happenings of the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services pro...

A quick wrap of the key winners and losers on Friday, July 3. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 736 stocks rose, 584 declined and 789 were u...

In June, ASX-listed companies of all sizes continued to raise capital but the small-cap sector was particularly busy. Stocks with market capitalisations of under $100m at the time of the deal raised $274m in the last month. This is triple M...

A quick wrap of the key winners and losers on Tuesday, June 30. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today 908 stocks went up, 474 went down, and 731...

The drilling program aims to test high priority drill targets at Tchaga to expand previously drilled mineralised zones, advance towards a maiden resource and test other prospects on the Napié permit.

Want to know which stocks the fund managers have been putting their money in (and out) of? We’ve been keeping track so you don’t have to. Trading Places is Stockhead’s recap of substantial holder movements among ASX small caps in the last f...

The sale of Niou allows Mako to focus exploration efforts on the flagship Napie project in Cote d’Ivoire, with drilling expected to commence in early July.

The placement positions Mako with a strong cash balance of $4.8 million to execute a systematic exploration and growth strategy.

A binding term sheet has been signed with Nordgold for the sale of projects in Burkina Faso with funds to be used for exploration at the Cote d’Ivoire projects.

‘Guy on Rocks’ is a Stockhead series looking at significant happenings in the resources market each week. Former geologist and experienced stockbroker Guy Le Page, director and responsible executive at Perth-based financial services provide...

A quick wrap of the key winners and losers on Thursday, May 7. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day. WINNERS Code Company Price...

For explorers, the difficult task of raising cash is made more challenging in today’s cautious market. A ‘non-dilutive’ alternative is to sell non-core assets to larger miners, who are often searching for low-risk, low-cost acquisition oppo...

A binding term sheet has been signed with Nordgold for the sale of the Niou project with funds to be utilised for exploration at the company's Cote d’Ivoire projects.

A $1 million contribution builds on Resolute’s contribution of medical services and supplies to the communities surrounding the Syama Gold Mine in Mali and Mako Gold Mine in Senegal.

Mako Gold’s (ASX:MKG) has intersected several new high-grade gold zones at the Napié project in Côte d’Ivoire, sending the stock up +6 per cent in early trade. Notable results include 1m at 47.3 grams per tonne (g/t) gold within a broader z...

Diamond drilling has intersected several high-grade zones and confirmed down-dip continuity of the gold mineralised zone.

Mako Gold is focused on drilling at its Napie project with the aim of outlining a gold resource by the fourth quarter 2020.

The new drilling program is following up broad high-grade results of up to 36 metres at 3.09 g/t from 43 metres.

Acquisition and elimination of the royalty over Mako will boost future cash flows to Resolute and is consistent with the company’s preference to operating gold mines which are free from non-government royalties.

The Resolute Mining Limited (ASX: RSG) share price is pushing higher in morning trade. At the time of writing the gold miner’s shares are up almost 1% to $1.20. Why is the Resolute share price pushing higher? As well as getting a boost fro...

Companies in the precious metals sector with projects to watch in 2020 are Mako Gold, Perseus Mining, Tietto Minerals, Hummingbird Resources and Caledonia Mining.

Mako Gold Limited (ASX:MKG) has secured a multi-purpose reverse circulation (RC) and diamond drill (DD) rig from Geodrill (TSX:GEO) and plans to resume drilling shortly at the company’s 224 square metre Napié Project in Côte d’Ivoire. Mak...

Mineralisation on the prospect is along a coincident +17-kilometre-long shear zone - thought to be a major control for gold mineralisation.

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

The valuable funds will be used to continue drilling at the emerging Tchaga Prospect where recent results included 36 metres at 3.06 g/t gold.

Mako Gold Limited (ASX:MKG) has received firm commitments for a $680,000 placement of shares from sophisticated, professional and institutional investors to further support the company’s January step-out drilling at the Napie (Tchaga) proje...

The company recently completed a drilling program at the Napié Gold Project in Cote d’lvoire, West Africa.

As the market players are aware, the stock markets in Australia is generally influenced by the broader performance of Australian economy as well as by the health of global economy. A rise in the economic uncertainties might negatively impac...

Gold miner Resolute Mining Limited (ASX: RSG) saw its share price climb nearly 10% after announcing “excellent drilling results” in its new Mako Gold Mine in Senegal. It was the top performer in the ASX 200 (ASX: XJO).  Resolute Mining sai...

In afternoon trade on Thursday the S&P/ASX 200 index is back on form and is storming higher. At the time of writing the benchmark index is up 1% to 6,671.7 points. Four shares that are climbing more than most today are listed below. He...

Resolute Mining Limited (ASX: RSG) announces excellent drill results from the exploration program conducted at the recently acquired Mako Gold Mine in Senegal and Côte d’Ivoire. The most significant results have been generated by diamond d...

The Resolute Mining Limited (ASX: RSG) share price is the best performer on the S&P/ASX 200 index on Thursday. The gold miner’s shares are currently up over 8% to $1.24. This is comfortably ahead of the next best performers Perenti Glo...

On Thursday the S&P/ASX 200 index has returned to form and is pushing notably higher. At lunch the benchmark index is up 0.9% to 6,669.1 points. Here’s what has been happening on the market on Thursday: RBNZ update. The Australian bank...

Results show resource expansion potential at the Mako Gold Mine and nearby potential for a satellite pit.

Gold prices are recovering in the domestic market, with gold spot prices recovering from $2,113.03 (low on 12 November 2019) to the present high of $2,167.21 (as on 4 December 2019 02:48 PM AEST). The current recovery in gold and its high v...

The results will be used to estimate a maiden JORC resource for a small portion of the Tchaga Prospect.