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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

Comment by Sil.Don Apr 07, 2023 1:25am
103 Views
Post# 35384354

RE:RE:Why so slow to grow?

RE:RE:Why so slow to grow?Just reading Mar presentation it says in production @500 tons a day with clear development path to 1000 tons per day, then read produced 17,868 oz produced 2nd half of 2021 and then did not see total 2022 total year production but they produced 9,956 oz 4th q of 2022 & 8,327oz in 3rd q. 2022 so I am reading that they produced about the same the 2nd half of 2022 as the 2nd half of 2021 of this super high grade gold from a pit mine.  just would seem if they are only operating at half capacity with such high grade ore that mgt would have been able to grow production in a pit mine in year two. Is the total 2022 production listed any place yet. I only skimmed the current presentation so may be missing something.



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