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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 james2001on Mar 23, 2019 3:12am
111 Views
Post# 29526386

new mine construction

new mine constructionIm shocked that we have not heard anything on the mine construction and funding of such.
I was thinking that if the Taunus pit is mined out and it might take a a few years to drill and prove
the reseves in other areas in Mexico not to mention when they could get that permitted and into production,maybe they are looking at moving the equipment from Mexican mine to San Albino.That would same a lot of capital at this time and would be far more reasonable that they could fund from within.Thoughts?

Bullboard Posts