Australia
Mako Gold pushes forward with drilling program at Napié Project after positive results in June quarter
Mako Gold Ltd (ASX:MKG) has enjoyed a productive June quarter undertaking exploration at its flagship Napié Project in Côte dIvoire.
The company began a 10,000 metre, 90-hole reversed circulation and diamond drill program on the project and to date have received assays for the first five holes.
The majority of the drilling will occur at the Tchaga Prospect located along a 23 kilometre long +40 parts per billion gold soil/auger (yellow/green) anomaly coincident with a +30 kilometre-long shear zone – thought to be a major control for gold mineralisation.
The Tchaga Prospect is only one of four prospects identified from drilling by Mako to date.
The companys short-term goal is to outline a JORC-compliant resource on Tchaga and and continue drilling on the other prospects with the aim of adding to a potential resource.
Tchaga drill results[hhmc]
Drill intersections received from the first five holes of the program include:
14 metres at 5.46 g/t from surface, including 5 metres at 11…

Mako Gold Ltd (ASX:MKG) has enjoyed a productive June quarter undertaking exploration at its flagship Napié Project in Côte dIvoire.
The company began a 10,000 metre, 90-hole reversed circulation and diamond drill program on the project and to date have received assays for the first five holes.
The majority of the drilling will occur at the Tchaga Prospect located along a 23 kilometre long +40 parts per billion gold soil/auger (yellow/green) anomaly coincident with a +30 kilometre-long shear zone – thought to be a major control for gold mineralisation.
The Tchaga Prospect is only one of four prospects identified from drilling by Mako to date.
The companys short-term goal is to outline a JORC-compliant resource on Tchaga and and continue drilling on the other prospects with the aim of adding to a potential resource.
Tchaga drill results
Drill intersections received from the first five holes of the program include:
- 14 metres at 5.46 g/t from surface, including 5 metres at 11.28 g/t from surface (NARC124);
- 3 metres at 2.35 g/t from 17 metres (NARC124);
- 7 metres at 1.45 g/t from 56 metres (NARC124);
- 9 metres at 4.08 g/t from 80 metres, including 2 metres at 9.47 g/t from 83 metres (NARC124), and;
- 8 metres at 1.59 g/t from 93 metres.
Hole NARC121 returned 5 metres at 1.06 g/t from 7 metres, and 4 metres at 1.33 g/t from 69 metres.
The drilling program will continue through to December 2020.
$3.25 million capital raising
The company recently competed an oversubscribed, two tranch placement to raise $3.25 million.
The placement comprised the issue of 65 million new fully paid ordinary shares in Mako at an issue price of 5 cents per share.
Tranche one of the placement (completed during the quarter), comprised of about 11.3 million new shares (for around $0.60 million), was not subject to shareholder approval and fell within the companys placement capacity under ASX Listing Rule 7.1 and 7.1A.
Tranche two of the placement (completed subsequent to the end of the quarter), comprised 53.7 million new shares (for around $2.68 million), was issued following receipt of shareholder approval at a General Meeting held on 7 July 2020.
Mako's project locations
Sale of Niou project
During the quarter Mako signed a binding term sheet and a definitive sale agreement to sell its Niou Project in Burkina Faso to Nordgold SE.
Nordgold is an international gold miner which produces 1 million ounces of gold per year from 10 mines (5 in Russia, 3 in Burkina Faso and one each in Guinea and Kazakhstan) and has an operating mine within 50km of the Niou Project – making them an ideal operator forRead More – Source
Australia
Australia election: Why is Australia’s parliament so white?

Australia
Scott Morrison effectively ditches his promise to establish a federal anti-corruption commission

Scott Morrison has effectively abandoned his promise to establish a federal anti-corruption watchdog, confirming he would only proceed with legislation in the new parliament if Labor agreed to pass the Coalition’s heavily criticised proposal without amendments.
Morrison pledged before the 2019 election to legislate a federal integrity body in the parliamentary term that has just ended. The prime minister broke that promise, failing to introduce his own proposal before the 46th parliament was prorogued.
On the hustings on Wednesday, Morrison was asked – given his previous undertaking to create the body – whether he would promise to put his proposal to a vote in the next parliament in the event the Coalition won the 21 May election.
Morrison declined to make that promise. “Our position on this hasn’t changed,” the prime minister said. “Our view has been the same – when the Labor party is prepared to support that legislation in that form, then we will proceed with it.”
The prime minister has attempted to inoculate himself from criticism about breaking an election promise by saying he tabled the integrity commission proposal in the parliament.
Tabling an exposure draft, which is what the prime minister did, is not the same as introducing finished legislation to the House of Representatives or the Senate that is then debated and voted on.
As well as repeatedly fudging what happened in parliament, Morrison has also created the impression the proposal can only proceed if Labor agrees to its passage without amendments.
All governments routinely introduce legislation for debate without any undertaking that it will be passed by the opposition. Labor favours a stronger model than the Coalition’s proposal.
Morrison’s lack of urgency on the issue created tensions within government ranks. Late last year, the Tasmanian Liberal MP Bridget Archer crossed the floor to support independent MP Helen Haines’ bill to establish a federal integrity commission. Archer accused the government of “inertia” over the issue.
At that time, Archer said she was “perplexed” at her own government’s failure to release a revised bill almost three years after it was promised before the last election.
While Morrison clearly wants to move on from the issue, he will face renewed pressure from crossbench independents if the coming election is close enough to deliver a hung parliament.
A number of independents running against Liberals in metropolitan seats have made it clear that establishing a credible national integrity commission will be a key demand in the event any new government – Liberal or Labor – is seeking agreements for confidence and supply.
Haines blasted Morrison’s comments on Wednesday. “Mr Morrison broke an election promise to introduce an anti-corruption commission and his pathway to creating one is still as vague as it was in the last parliament,” she said.
The crossbench independent said it was “nonsense” for the prime minister to claim that he could not proceed unless Labor agreed with the Coalition’s proposal without seeking any amendments. “It would appear we are in the same void as we were before,” Haines said.
Australia
Chinese healer Hong Chi Xiao has manslaughter charge overturned and will face new trial

A western Sydney “slapping therapy” practitioner who was found guilty of the manslaughter of a six-year-old diabetic boy and sentenced to 10 years in prison has had his conviction overturned and will face another trial.
Hong Chi Xiao appeared in Sydney’s Court of Criminal Appeal on Wednesday.
Mr Xiao was extradited from London to Sydney in 2017 to face charges more than two years after the boy, who cannot be named for legal reasons, died following a series of workshops held in Hurstville in April 2015.
The boy’s parents attended the conference where the self-proclaimed Chinese healer showed a “disdain for Western medicine”.
Mr Xiao allegedly advised the parents to stop their son’s insulin injections and blood glucose tests.
A Health Care Complaints Commission (HCCC) investigation found that Mr Xiao told the boy’s parents that slapping therapy “could heal all diseases, including diabetes, and that no medication was required because insulin could be generated” through the treatment.
He also allegedly recommended the six-year-old boy stop eating for three days and only drink water or a “ginger date drink”.
Slapping therapy, also known as paida lajin, advocates the slapping of skin to release toxins from patients.
The boy became visibly ill over several days and began vomiting a black substance, but Mr Xiao allegedly told the boy’s mother that his body was adjusting to the “self-healing process”.
He began having seizures and was rushed to St George Hospital, where he died.
The NSW Coroner found the treatment directly caused the boy’s death on April 27, 2015.
A District Court jury found Mr Xiao guilty of manslaughter for breaching the duty of care he owed the six-year-old boy through gross negligence.
He was handed a sentence of 10 years with a non-parole period of 7½ years in December 2019.
District Court Judge Garry Neilson said Mr Xiao showed “no signs of true remorse”.
Mr Xiao launched an appeal against his conviction, claiming inconsistencies in the evidence and that Judge Neilson told the jury that there was “no defence” during the trial.
Tim Game SC told the court that Judge Neilson did not summarise the defence case and did not give enough evidence to the jury to make a sound decision.
After a short adjournment, Justice Derek Price, Justice Ian Harrison and Justice Mark Ierace granted the appeal and quashed Mr Xiao’s conviction.
However, he will have to face a fresh trial in front of a new jury.
Mr Xiao will face the Sydney District Court on March 11 for mention.
He has been permanently banned from practising medicine by the HCCC.
The boy’s mother, father and grandmother were also initially charged over his death, but they were found not guilty and acquitted.
Mr Xiao has been in prison since his arrest in 2017 but has long rejected criticism that his techniques endanger lives.
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