Mako Mining Corp V.MKO

Alternate Symbol(s): MAKOF

Metals & Mining Gold

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.

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Mako Mining Corp

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Comment by azroberton Oct 24, 2020 8:26pm

127 Views

Post# 31777543

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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