Mako Mining Corp. announces that the TSX Venture Exchange has accepted its normal course issuer bid to purchase up to an aggregate of 4,350,450 common shares of the Company, representing 5% of the 87,009,006 Common Shares issued and outstanding on the date hereof. Purchases under the NCIB may commence on December 8th, 2025, and will end no later than December 7th, 2026. The Common Shares will be purchased for cancellation [...]
Mako Mining Corp. is pleased to announce that, further to its press release dated September 30, 2025, it has entered into a definitive purchase and sale agreement with Sailfish Royalty Corp. providing for the acquisition , through Mako US Corp., of the Mt. Hamilton Gold-Silver Project located in White Pine County, Nevada, USA, through the acquisition of 100% of Mt. Hamilton LLC , the direct owner of the Mt. Hamilton [...]
Mako Mining Corp. is pleased to provide financial results for the three and nine months ended September 30, 2025 . All dollar amounts referred to herein are expressed in United States dollars unless otherwise stated. The Company's financial results for Q3 2025 reflect revenues of $27.6 million from the San Albino and Moss mines, which generated $8.9 million in Mine Operating Cash Flow , $9.3 million in Adjusted EBITDA [...]
Mako Mining Corp. is pleased to announce that it has closed its previously announced bought deal common share offering, including the full over-allotment option, through Stifel Canada and Cantor Fitzgerald Canada Corporation, as co-lead underwriters , pursuant to which the Company has issued 5,031,250 common shares of the Company for gross proceeds to the Company of C$40,250,000 . The Company also announces that it has [...]
Mako Mining Corp. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Stifel Canada and Cantor Fitzgerald Canada Corporation in connection with a "bought deal" private placement offering of 4,375,000 common shares of the Company at a price of C$8.00 per Offered Share for gross proceeds to the Company of C$35,000,000 , with the Offered Shares to be issued pursuant to the [...]
Mako Mining is pleased to announce the entering into of a binding term sheet with Sailfish Royalty to acquire the Mt. Hamilton Gold-Silver Project, through the acquisition of 100% of Mt. Hamilton, the direct owner of the Mt. Hamilton Project, through a series of transactions. Sailfish will acquire MH LLC on an arm's length basis from Mt. Hamilton Holdings, and subsequently transfer the interests to Mako in consideration [...]
Mako Mining is pleased to provide financial results for the three and six months ended June 30, 2025. The Company's financial results for Q2 2025 reflect record gold sales from its San Albino and Moss Mine of $38.7 million, which generated $16.9 million in Mine Operating Cash Flow, $21.3 million in Adjusted EBITDA, and $8.8 million in Net Income. The Company sold 11,476 oz of gold at an average price of $3,323/oz with a [...]
Mako Mining is pleased to report additional results from the 2025 reverse circulation and diamond drill program at the El Golfo area within the El Jicaro Concession located immediately south of the company's 100% owned Las Conchitas and San Albino Gold deposits in Nicaragua, which are currently being mined by the Company. Forthe first time in modern history, drilling has commenced in the El Golfo area. The drill program [...]
Mako Mining Corp. is pleased to provide second quarter 2025 production results for the Company's San Albino gold mine in northern Nicaragua, the Moss Mine in Arizona and an update on the Eagle Mountain gold project in Guyana. Certain amounts shown in this news release may not total to exact amounts due to rounding differences. All amounts expressed in U.S. dollars unless otherwise noted. Q2 2025 San Albino Operational [...]
Mako Mining Corp. is pleased to announce that it has acquired for US$1.8 million in cash approximately US$49.5 million in indebtedness owing by Elevation Gold Mining Corp. and affiliated companies to Maverix Metals Inc. , a subsidiary of Triple Flag Precious Metals Corp., the secured creditor of Elevation under its Companies' Creditors Arrangement Act proceedings before the Supreme Court of British Columbia. Mako [...]
Mako Mining is pleased to announce that it has fully recovered the US$6.4 million acquisition cost for the 100%-owned Moss Mine in Arizona through cash flow derived from residual leaching of previously stacked mineralization, and the return of US$1.53 million on June 20th, 2025 from Trisura Guarantee Insurance Company of the US$3.1 million held as collateral for various environmental bonds. Thus far in Q2 2025, operations [...]
Mako Mining is pleased to provide financial results for the three months ended March 31st, 2025. The Company's financial results for Q1 2025 reflect record gold sales from its San Albino and Moss Mine of $31.8 million, which generated $19.9 million in Mine Operating Cash Flow , $16.1 million in Adjusted EBITDA, and $9.4 million in Net Income. The Company sold 10,817 oz of gold at an average price of $2,915/oz with a [...]