Mako Gold Limited

Primary ticker: ASX:MKG
Stage of development: Exploration
Primary minerals: Gold
Project to promote: Napié and Niou

Live financials

Mako Gold is led by an experienced team of mining industry professionals with a proven track record of gold discoveries in West Africa.
Mako listed on the ASX in April 2018 following an oversubscribed $6m IPO, with a $2m cornerstone investment secured from ASX-listed Australian and African gold producer, Resolute Mining Limited. Mako launched its successful maiden drilling program on its flagship Napié Project in Côte d’Ivoire less than a month after listing. The drill program returned individual assays up to 215g/t Au and separately widths up to 25m of high-grade gold. A maiden drilling program on its Niou Project is currently awaiting assay results.

Management Profile

Peter Ledwidge – Managing Director

Peter Ledwidge, a founder of recently ASX-listed Mako Gold Limited, is a geologist with over 30 years’ experience in the exploration and mining industry. His career has focussed primarily on gold in Canada, Africa and Australia, in a variety of roles in exploration, development and mining projects.
Most recently Peter was a senior manager with ASX-listed Orbis Gold whereby he secured all of Orbis’ permits in Burkina Faso and Côte d’Ivoire. Peter played a critical role in the discovery of the Nabanga gold deposit and thereafter contributed geological ideas towards the discovery of the Natougou gold deposit, which recently began production by TSX-listed Semafo as the Boungou mine.
Peter is fluently bilingual in French the working language of the majority of West Africa.

What is your rationale for attending 121 Mining Investment?

Mako Gold (ASX:MKG) listed on the ASX in April 2018 and started drilling its flagship Napié Project in Côte d’Ivoire less than one month after listing. Mako also drilled its Niou Project in Burkina Faso in December 2018. Assay results for Niou are awaited at the time of writing. We would like to meet investors and show them the outstanding results we have received from our maiden drilling programs and discuss our aggressive exploration programs. The purpose of meetings is to generate interest for our next capital raise on the back of good results. For investors who are familiar with West African exploration, Mako Gold is comprised primarily of ex-Orbis Gold management and employees.

What recent news would you like to highlight to investors attending?

TBA closer to conference.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Follow-up drilling on Napié Project in Côte d’Ivoire.

6 Months:

Still drilling on Napié Project and possibly more drilling on Niou Project

12 Months:

To be drilling in order to outline a resource on the Napié Project in Côte d’Ivoire contingent on positive results of the previous drill program, and to further advance the Niou Project in Burkina Faso.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Market volatility is the key risk and challenge. We feel that this can be overcome by positive results from drilling programs. In tough times good projects can still attract the attention of investors.

In a sentence, what do you think makes your company such a compelling investment?

We have two very exciting projects with good preliminary results and have a team that has made significant high-grade discoveries in West Africa in the past with Orbis Gold (Nabanga Deposit and Boungou Mine in Burkina Faso)