Mako listed on the ASX in April 2018 following an oversubscribed $6m IPO, with a $2m cornerstone investment secured from producer Resolute Mining. The company is focused on the discovery of large high-grade gold deposits in highly prospective and under-explored terrains in Cote d’Ivoire, Burkina Faso and other favourable countries in West Africa.
Cote d’Ivoire contains more Birimian greenstone belts than other West African countries yet only 20Moz of gold resources have been found to date, making it an ideal location for future gold discoveries.
Burkina Faso is an attractive investment destination with strong government support for mining, a modern mining code and gold resources of over 50 million ounces with 10 new gold mines constructed and operating in the last 12 years.
Mako has three highly prospective projects in West Africa – the Napie, Niou and Tangora Projects.