Mako Mining Corp. is pleased to announce that all matters were approved at the Annual General Meeting held on October 13th, 2023, including the reappointment of all 6 current Directors at Mako. Corporate Update Grant of RSUs and DSUs The Company has granted 975,000 RSU's in aggregate to certain executives of the Company. The RSU's shall vest one third annually on October 13th, 2024, 2025 and 2026. Additionally, the [...]
Mako Mining Corp. is pleased to provide the following update: After the Company resumed its original processing plan of producing 50% high grade diluted vein material mixed with 50% lower grade stockpile material, which resulted in substantial improvements in head grades and recoveries , Mako has recorded outstanding production results, reaching a record 3,817 Au Oz recovered in September. A comprehensive quarterly [...]
Mako Mining Corp. is pleased to provide the following update: Since late February and prior to receiving Las Conchitas permits , the Company was affected by processing a higher proportion of lower grade stockpiled material; this affected both the blended head grade and plant metallurgical recovery. Initial permits for Las Conchitas were received in June and Las Conchitas material started to be processed in late July [...]
Mako Mining Corp. is pleased to announce results from an additional 68 reverse circulation infill drill holes at Las Conchitas, located immediately south of the company's San Albino gold mine, which is currently in commercial production. To date, 230 RC holes have been completed totaling 9,022 meters . The main objective of the near-surface, infill drilling campaign is to gain a higher level of confidence of the geometry [...]
Mako Mining Corp. is pleased to provide financial results for the three months ended June 30th, 2023 , which is the eighth full quarter of financial results since declaring commercial production on July 1st, 2021 at its San Albino gold mine in northern Nicaragua. All dollar amounts referred to herein are expressed in United States dollars unless otherwise stated. Q2 2023 Highlights Financial $12.9 million in Revenue $4.0 [...]
Mako Mining Corp. is pleased to announce additional results from the reverse circulation infill drilling completed at Las Conchitas, located immediately south of the company's San Albino gold mine, which is currently in commercial production. Highlights Completed 230 RC Drill Holes totaling approximately 9,000 meters Exceptional highlights include: Bayacun area: 12.09 g/t Au and 23.5 g/t Ag over 14.0 m ; including: 15.60 [...]
Mako Mining Corp. is pleased to announce the commencement of Las Conchitas material processing, and results from the reverse circulation infill drilling completed at Las Conchitas, located immediately south of the company's San Albino gold mine, which is currently in commercial production. In the 2023 drilling campaign, 211 RC holes have been completed totaling approximately 8,000 meters . One of the main objectives of [...]
Mako Mining Corp. is pleased to announce that it has received approval to begin processing material from Las Conchitas, located immediately to the south of the company's San Albino gold mine which is currently in commercial production. Material extracted from Las Conchitas will be processed at the Company's San Albino plant. The approval allows for the extraction from six areas of interest . The intent of this approval [...]
Mako Mining Corp. announces positive drill results on its La Segoviana concession. In addition, results of fluid inclusion studies from the Colorado School of Mines confirm the orogenic nature of gold mineralization across the 28 km of strike contained within the Company's 188 square kilometer land package in northern Nicaragua. Highlights of this press release San Luis - New Discovery 41.99 g/t Au and 28.7 g/t Ag over [...]
Mako Mining Corp. is pleased to provide financial results for the three months ended March 31st, 2023 , which is the seventh full quarter of financial results since declaring commercial production on July 1, 2021 at its San Albino gold mine in northern Nicaragua. For detailed Q1 2023 operating results, please see the Company's press release dated May 12th, 2023. All dollar amounts referred to herein are expressed in [...]
Mako Mining Corp. is pleased to provide first quarter 2023 production results from its San Albino gold mine in northern Nicaragua, which is the seventh full quarter of production results since declaring commercial production on July 1, 2021. Financial results for Q1 2023, including detailed reporting of our operating costs, are expected to be released by the end of this month. Q1 2023 Production Highlights 47,238 tonnes [...]
Mako Mining Corp. is pleased to provide financial results for the three months ended December 31st, 2022 , which is the sixth full quarter of financial results since declaring commercial production on July 1, 2021 at its San Albino gold mine in northern Nicaragua. For detailed Q4 2022 operating results, please see the Company's press release dated January 18, 2023.All dollar amounts referred to herein are expressed in [...]
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