Mako Mining Corp. is pleased to provide third quarter 2022 production results from its San Albino gold mine in northern Nicaragua, which is the fifth full quarter of production results since declaring commercial production on July 1, 2021. Financial results for Q3 2022, including detailed reporting of our operating costs, are expected to be released in November. Q3 2022 Production Highlights 52,084 tonnes mined containing [...]
Mako Mining Corp. is pleased to report additional high-grade drill results from an area located approximately 50 meters southwest of the current open pit mining operations at the San Albino West Pit in northern Nicaragua . In 2022, a total of 13,284 m in 99 drill holes have been completed at the SW Pit. Most of the drilling intersected mineralization within, or immediately outside, the current permitted pit. Recent [...]
Mako Mining Corp. is pleased to provide the following operational and corporate updates: On July 20, 2022 the Company announced Q2 2022 production results showing recoveries of 74.5%, below the 86% recoveries announced in connection with its metallurgical testing from 2019. Beginning August 10, 2022 several mill improvements were implemented to improve metal recovery. Since this date, recoveries have been averaging 85.9 [...]
Mako Mining Corp. is pleased to report additional results from its recent definition and expansion drilling program at the Las Conchitas area on its wholly-owned San Albino-Murra property. The Las Conchitas area is located immediately south of the San Albino Mine which is currently in commercial production, and north of the historical El Golfo Mine located within the contiguous El Jicaro Concession. Currently, the Company [...]
Mako Mining Corp. is pleased to report additional high-grade drill results from an area adjacent to the current open pit mining operations at the San Albino West Pit in northern Nicaragua. Two of the Company's seven drill rigs are currently focused on this SW Pit area. The objectives of the SW Pit drilling program are to: 1) increase the overall size of the San Albino Gold Deposit, which remains open along strike and at [...]
Mako Mining Corp. is pleased to report additional results from its recent definition and expansion drilling program at the Las Conchitas area on its wholly-owned San Albino-Murra property. The Las Conchitas area is located immediately south of the San Albino Mine which is currently in commercial production, and north of the historical El Golfo Mine located within the Company's El Jicaro Concession. Las Conchitas contains [...]
Mako Mining Corp. is pleased to provide financial results for the three months ended June 30, 2022, which is the fourth full quarter of financial results since declaring commercial production on July 1, 2021 at its San Albino gold mine in northern Nicaragua. For detailed Q2 2022 operating results, please see the press release dated July 20, 2022 . All dollar amounts referred to herein are expressed in United States [...]
Mako Mining Corp. is pleased to announce the discovery of a new gold bearing structure at the Las Conchitas-North area of its wholly-owned San Albino-Murra property. The "Crucita" structure was intersected in a diamond drill hole located approximately 1.44 kilometers south of the San Albino gold mine which is currently in commercial production. The Company currently has five of its seven diamond drill rigs in the Las [...]
Mako Mining Corp. is pleased to provide second quarter 2022 production results from its San Albino gold mine in northern Nicaragua, which is the fourth full quarter of production results since declaring commercial production on July 1st, 2021. Financial results for Q2 2022, including detailed reporting of our operating costs, are expected to be released in August. Q2 2022 Production Highlights 47,220 tonnes mined [...]
Mako Mining Corp. is pleased to provide an update on its first anniversary since declaring commercial production at its San Albino mine in Northern Nicaragua. All $ references in this press release are expressed in United States dollars. Akiba Leisman, CEO of Mako states that "this past year has been transformative for the Company. Mako has now been in commercial production for 1 year. Since that time, the Company has [...]
Mako Mining Corp. is pleased to report additional high-grade drill results from an area beginning approximately 50m southwest of the current open pit mining operations at the San Albino West Pit in northern Nicaragua. Recent drilling has confirmed gold mineralization over an area of approximately 530m x 470m in an area that was identified in the 2020 Mineral Resource Estimate as the SW Pit. At the time of the resource [...]
Mako Mining is pleased to report positive drill results from the San Pablo zone at the Las Conchitas-North area of its wholly-owned San Albino-Murra property. The LC-N area is located approximately 750 m south of the San Albino gold mine which is currently in commercial production. Initial drilling in 2018 targeted a mineralized structure exposed in the historic San Pablo working where seven drill holes, totaling 260 m [...]