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Mako Mining Corp V.MKO

Alternate Symbol(s):  MAKOF

Mako Mining Corp. is a gold mining, development, and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua. It also owns the Eagle Mountain Gold Project in Guyana, South America. The Company’s primary asset is San Albino mine, an open pit mine located in 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. The Eagle Mountain Project comprises two gold deposits, Eagle Mountain and Salbora, in addition to several other exploration targets. Its subsidiaries include Gold Belt, S.A., Nicoz Resources, S.A., and Mako US Corp.


TSXV:MKO - Post by User

Bullboard Posts
Comment by buyholdsell002on Dec 09, 2019 9:23am
118 Views
Post# 30435309

RE:Video on youtube

RE:Video on youtubeIts the shallow dipping veins that will cause and increase in all in costs. Yes high grade but as they get deeper more earth will need to be moved to get to them as the pit gets bigger. Thats why strip ratio will go up also. Increase in gold price is always helpful which i do think will happen to mitigate some of the increased costs....but will still be above what they are advertising.
Bullboard Posts