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Mako Mining Corp V.MKO

Alternate Symbol(s):  MAKOF

Mako Mining Corp. is a Canada-based gold mining, development and exploration company. The Company holds 100% of four mineral concessions in Nueva Segovia, Nicaragua for a total land package of approximately 18,817 hectares. The San Albino gold deposit, located within the San Albino-Murra Property mine is in Nueva Segovia, Nicaragua. Its San Albino gold project is an open pit development project located in Nueva Segovia, Nicaragua, approximately 173 kilometers north of Managua and accessible through a paved highway. Its Las Conchitas area is located approximately 2.5 kilometers south of its high-grade San Albino Gold Deposit and is situated near the southern end of the Corona de Oro Gold Belt. Its subsidiaries include Gold Belt, S.A., Marlin Gold Mining Ltd., Marlin Gold Trading Inc., Nicoz Resources, S.A. and Oro Gold de Mexico, S.A. de C.V.


TSXV:MKO - Post by User

Bullboard Posts
Comment by sweatmanon Sep 24, 2012 3:07pm
224 Views
Post# 20407814

RE: stellar news release

RE: stellar news release

Sure looks that way. Atticus pulled a number of how many million ounces could be on the property. Well, to prove him right or wrong the company needs to be able to continue to methodically explore the program. And with this trenching program...looks exactly what they are doing.  This year long trenching and channelling program looks like it will not cost very much...much cheaper than exploring with a drill bit.

Drilling of course will be costly. So no point in going off half-cocked and raising a bunch of money too early.

Hopefully when it comes to figuring out if a small production pit to bring in some dough, might as well wait until the tech document is in. If memory serves there are a hundred or maybe two hundred thousand ounces that are very near surface and sure...that could be turned into money.  BUT...what do I keep talking about??  GRADE!  If the grade is high, well then Bob is your uncle.  And that is why I think that waiting for the November report is key. Maybe October, but I figure November for sure.

Bullboard Posts