Mako Gold’s Post

Quick video with Proactive where I explain the significance of our third high-grade gold discovery on Tchaga North.

Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge joins Jonathan Jackson in the Proactive studio to talk about additional results from a rock chip sampling and detailed mapping program at Tchaga North within the Napié Project in Côte d'Ivoire, in which the company holds a 90% interest. A new high-grade #goldzone, named Central Zone, has been identified, bolstering Tchaga North's potential as a prime drilling target. Significant high-grade rock chip results were recorded, with values including 76.10 g/t and 24.34 g/t #gold, among others, supplementing earlier findings of up to 79.50 g/t. Samples yielding high gold grades predominantly came from quartz veins linked to newly identified east-west structural trends, which have not yet been subjected to drilling. Excavator trenching has started at Tchaga North to explore and sample the extent of quartz veining at the Central Zone and other areas like the... Watch at #Proactive #ProactiveInvestors #ASX #MKG #goldexploration https://lnkd.in/dUCrZiNa

In Pakistan, the price of a tola of gold increased by more than Rs. 1,000 on Monday, closing at Rs. 217,600. However, the APGJA released data showing that the price of 24 carat precious metal increased by Rs. 1,100 per tola to Rs. 217,600. In contrast, the cost of 10 grams increased by Rs. 943 to Rs. 186,557. Read More: https://lnkd.in/dbE3zDjB #GoldPrice #Pakistan #PreciousMetal #GoldMarket #PriceIncrease #APGJA #24CaratsGold #GoldPriceInPakistan #MarketUpdate #GoldPriceFluctuation #EconomicTrends #GoldRate #InvestmentNews

Bullion World Issue Nov'23 Read the full article here ⬇ https://lnkd.in/gUGvsF6g Article on Key Takeaways from the LBMA Conference: Bullion Market Insights - By LBMA The recent LBMA Conference convened experts and professionals from the gold market to explore various aspects of the industry. This summary, presented through a webinar by three renowned experts - Mr James Steel, Ms Suki Cooper, and Ms Rhona O’Connell, highlights key insights. Read the full magazine here ⬇ https://lnkd.in/g3UESNhG Happy reading! . . . #bullionworld #bullionmagazine #englishedition #Nov23issue #bullionexpertise #bullionarticles #preciousmetals #bullionmarketupdate #bullion #goldbullion #goldbars #gold #silver #lbma #assaying #refining #bw #eventellglobal

Transformational deal at Steppe Gold

Cashed up #ASX listed STRICKLAND METALS LIMITED has just issued almost 20% of its post dilution shares to take 100% ownership of the #Rogozna multicommodity project in #Serbia. It is an absolutely gigantic deposit with an initial resource estimated to be above a massive 5 million #gold equivalent ounces, but how does the grade look? Here we dig into the announcement to see how it looks under the hood. https://lnkd.in/gGeE-f3V

In 2023, gold consumption in China stood at 1,089.69 tons, up 8.78 percent year-on-year, according to data released by the China Gold Association (CGA). Specifically, consumption of gold jewelry in the Chinese market expanded 7.97 percent compared with the same period last year to 706.48 tons, while that of gold bars and coins surged 15.7 percent from 2022 to 299.6 tons. China produced 375.16 tons of gold in 2023, up 0.84 percent from a year earlier, industry data showed. #gold #goldexploration #discoveries #goldmining #goldstocks Tesoro Gold $TSO Sergio Uribe Valdés Ruben Angel Cahuana Ari Susan Kerr Linton Putland

Mako Gold Ltd (ASX:MKG) managing director Peter Ledwidge sits down with Proactive’s Jonathan Jackson to discuss the encouraging results from a 1,200-metre scout drilling program at the Tchaga North area of the company's 90%-owned flagship Napié Project in Côte d'Ivoire. The drilling targeted high-grade #gold zones identified by recent mapping and trenching activities. It focused on the Deep Artisanal Mining Site, the Discovery Zone, and the Double Zone, which had not been previously drilled. Significant findings include a drill return of 7 metres at 5.39 g/t gold, including 1 metre at 31.15 g/t, beneath the workings of the artisanal mining site. This result confirms the site's potential for further exploration. The area, once heavily mined by artisanal methods, now sees limited activity due to the water table and hard rock, restricting digging to a maximum depth of 40 metres. Watch at #Proactive #ProactiveInvestors #GoldMining #GoldStocks https://lnkd.in/e7BeNisk

𝗨𝘇𝗯𝗲𝗸𝗶𝘀𝘁𝗮𝗻'𝘀 𝟮𝟬𝟮𝟯 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹 𝗥𝗲𝘀𝗲𝗿𝘃𝗲𝘀 𝗘𝘅𝗽𝗲𝗿𝗶𝗲𝗻𝗰𝗲𝗱 𝗮 𝗗𝗲𝗰𝗿𝗲𝗮𝘀𝗲 𝗼𝗳 $𝟭.𝟮 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 Despite a surge in international reserves in December, Uzbekistan saw its overall financial reserves diminish by $1.2 billion by the end of 2023, reaching $34.56 billion. This marks the first year-end reduction in reserves since 2018, with the physical gold volume showing a substantial decrease of nearly 25 tons throughout the year. Source: https://lnkd.in/dmjtTiJY #gold #uzbekistan #mosaicfinancial