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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

Comment by azroberton Oct 24, 2020 8:26pm
117 Views
Post# 31777543

RE:RE:How do you value?

RE:RE:How do you value?I think james2001 is being conservative. We have 177,800 ounces on a strike of 240m. The mineralization extends for 6.7km (see link below). That’s 55 times the current resource strike. If (a big if) the mineralization is the same grade will be approximately 10 million ounces. This doesn’t include Las Conchitas or the many other targets.
 
James is talking about a 2 year time frame. I don’t know how much we can prove in 2 years, but we will be generating a lot of cash and we have our own lab, so it will go a lot faster than the past.
 
https://twitter.com/AkibaLeisman/status/1318151101867302915

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