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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

Post by Betteryear2on Dec 08, 2023 11:56am
193 Views
Post# 35775034

Mako Mining Is on Track for Record Gold Sales

Mako Mining Is on Track for Record Gold Sales

VANCOUVER, BC / ACCESSWIRE / December 8, 2023 / Mako Mining Corp. (TSXV:MKO);(OTCQX:MAKOF) ("Mako" or the "Company") is pleased to provide the following update:

After the Company resumed its original processing plan (see Press Release dated Oct 11th, 2023), Mako has recorded outstanding production results. Since the beginning of Q4 2023, Mako has sold in excess of 10K Oz. of Au, which includes 7,964 Oz. of Au recovered in October and November and the 2,234 Oz. of Au delivered but not sold in Q3 2023 (see Press Release dated November 14th, 2023).

Mill head grades have been exceptionally high during the quarter averaging 8.41 g/t Au at 86.6% recoveries. December is continuing this trend which will lead to a record quarter in both gold ounces recovered and gold ounces sold. A comprehensive quarterly production update will be released later in January 2024.


Mako Mining Is on Track for Record Gold Sales in Q4 2023 With Significantly Improved Balance Sheet (accesswire.com)

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