Mako Gold granted consecutive trading halts with capital raising news pending

Mako Gold Ltd (ASX:MKG) has been granted two consecutive trading halts by the ASX for the purpose of planning and executing a capital raise.

The trading halt will remain in place until the beginning of trade on Tuesday, August 25, or when an announcement is released to the market, whichever occurs earliest.

High-grade gold results

Mako recently received further high-grade results of up to 13 metres averaging 20.82 g/t gold that demonstrate thick and high-grade mineralisation within 50 vertical metres of surface at Tchaga prospect at the Napié Gold Project in Côte dIvoire.

The company has received the next batch of assays from five reverse circulation (RC) holes in an ongoiRead More – Source