Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Mako Mining Corp MAKOF


Primary Symbol: V.MKO

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 AkibaLeismanon Oct 17, 2024 10:27am
113 Views
Post# 36269854

RE:RE:Production numbers

RE:RE:Production numbersShould be out Monday or Tuesday AM (waiting on a plant mass balance piece of data from our lab).   But yes, the EIA came 7 months after our original 2023 schedule, and affected mining for about 3 of those months.  In Q2, the numbers were particularly high because we didn't have access to pre-strip outside of our bulk sample area.  We got back into consistent high grade in mid September, and are actually mining some of the best areas of the mine now.  All this stemmed from the original decision in Q4 2022 to bifurcate the permits into 2, to defer ~US$3.5 million of property acquisitions and avoid raising capital at the lows.  Then, and in hindsight, that was the correct decision.  But as I mentioned in the PR yesterday, we are now unconstrained by permits/property.  
<< Previous
Bullboard Posts
Next >>