Skylark Minerals Extends M'Basso Gold Strike to 2km in Côte d'Ivoire

By Mining Hub News Desk
1 September 2026, 9:14 p.m. EDT 2 min read

Investor Presentation - February 2026 – image 15
Exposed rock face at the project site. Source: Skylark Minerals Limited

Skylark Minerals Limited has extended the mineralised gold footprint at the M'Basso Prospect to approximately 2km of continuous strike, following assay results from 24 reverse circulation drill holes.

The M'Basso Prospect forms part of the Central Zone at the Zaranou Gold Project in Côte d'Ivoire. Skylark holds the project as its flagship gold asset, acquired through the purchase of Ricca Resources' gold portfolio in December 2025.

A total of 62 holes for 10,977 metres from the current program at M'Basso have now been reported. Phase 2 drilling has confirmed the continuation of principal mineralised structures to the north-east, with the system remaining open along strike and at depth.

Notable new intersections include hole ZARC0174, which intersected 5m at 5.43 g/t gold from 68m, including 3m at 9.00 g/t gold. Hole ZARC0195 returned 14m at 1.32 g/t gold from 55m, including 5m at 3.17 g/t gold, alongside a separate interval of 13m at 0.54 g/t gold from 90m. Meanwhile, hole ZARC0185 returned 45m at 0.72 g/t gold from 125m, including 11m at 1.02 g/t gold. Hole ZARC0184 intersected 12m at 1.37 g/t gold from 34m, including 7m at 2.06 g/t gold.

"The Phase 2 programme has materially expanded the scale of M'Basso, with the interpreted mineralised footprint now extending over approximately 2km of continuous strike, where it is yet to be constrained." — Nikolai Zelenski, Executive Chair

Drilling at M'Basso is expected to conclude shortly. The reverse circulation rig will then relocate to the Ehuasso Prospect for approximately one month of further drilling, with results expected later in the quarter.

A further 23 holes have been completed at M'Basso and await processing, while three final holes are yet to finish. Skylark is targeting a Mineral Resource Estimate upgrade focused on M'Basso early in the fourth quarter of 2026, incorporating the new Phase 2 assay results. Drill planning at M'Basso is already underway for 2027.

Regionally, exploration activity continues across the wider district, highlighted by recent diamond drilling that intersected high-grade mineralisation at the Enchi Gold Project by Newcore Gold Ltd. Skylark expects further results from Ehuasso in the December quarter of 2026.

Read the full announcement: MBasso Mineralised Strike Extent Approaches 2km