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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 sweatmanon Aug 09, 2014 1:06pm
234 Views
Post# 22825211

RE:Production with a divining rod?

RE:Production with a divining rod?

It is 'ballroom'...and if you understand what this rather archaic term means then you would know they *always* repeat. So *perhaps* the Company has pumped all of its data into Leapfrog and *perhaps* the evidence of a ballroom at the San Albino project shows up on Leapfrog. I am only guessing of course, but that could explain why there was no problem signing up a production deal based on less than 200,000 ounces of confirmed gold, what?
 

Of course what may be considered frustrating for some....is the lack of a deep drilling program. After all, according to the historic data Butters was adamant that the deeper you go the more gold you would discover. But I guess costs being what they are...if you can trench and drill and find a million ounces here and there, that is a good start.

 

Bullboard Posts