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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
Post by sweatmanon Jun 20, 2014 2:43pm
292 Views
Post# 22680641

An interesting snippet of news....

An interesting snippet of news....

....from the Marlin release:

Advancement of Golden Reign streaming transaction

An internal scoping study at Golden Reign Resource Ltd.'s San Albino gold project in Nueva Segovia, Nicaragua, was recently completed. Prepared by Sonoran Resources LLC, the nominated EPCM (engineering, procurement and construction management) firm, it is anticipated that this scoping study will form the basis of a preliminary economic assessment, which will provide the details of the mine design and plant throughput capacity, with the objective of bringing the San Albino gold project into production as quickly and efficiently as possible using Sonoran Resources as the nominated EPCM contractor.

 

Marlin and Sailfish Royalty Corp. are pleased to announce that negotiations on the principal transactional documents for the equity and streaming transaction have continued to progress. Subject to the satisfaction of the remaining conditions, including finalization of the security documents by local Nicaraguan counsel, the parties expect that the Golden Reign transaction will close in the coming weeks. 

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