Mako Mining Corp. is pleased to provide financial results for the three months ended June 30th, 2024 . All dollar amounts referred to herein are expressed in United States dollars unless otherwise stated. The Company's financial results for Q2 2024 reflect gold sales of US$28.3 million, which generated US$14.5 million in Mine Operating Cash Flow , and US$8.8 million in Net Income. The Company reported US$0.13 in earnings [...]
Mako Mining Corp. is pleased to provide additional exploration results from the ongoing reverse circulation drill program at Mako's newest mining area, Las Conchitas, located immediately south of the Company's San Albino gold mine. Las Conchitas contains numerous mineralized structures over a 1,700 m by 800 m area, which has been subdivided into three primary areas: Las Conchitas North , Las Conchitas Central and Las [...]
Mako Mining Corp. is pleased to provide second quarter 2024 production results from its San Albino gold mine in northern Nicaragua, which is the 3rd year of production results since declaring commercial production on July 1st, 2021. Certain amounts shown in this news release may not total to exact amounts due to rounding differences. Q2 2024 Operational Highlights Record 59,549 tonnes mined containing 14,855 ounces of [...]
Mako Mako Mining Corp. is pleased to provide an update of results from the ongoing reverse circulation drill program at Mako's newest mining area, Las Conchitas, located immediately south of the company's San Albino gold mine. In the 2024 RC drilling campaign, Mako has completed 244 drill holes totaling 15,314 meters. The main objective of this campaign is to test possible extensions of the high-grade mineralized blocks [...]
Mako Mining and Goldsource Mines are pleased to announce that Mako has completed its previously announced acquisition of Goldsource by way of a plan of arrangement, pursuant to which Mako acquired all of the issued and outstanding common shares of Goldsource in exchange for common shares of Mako. As a result of the Transaction, Mako now owns the Eagle Mountain Gold Project. The Goldsource Shares are expected to be [...]
Mako Mining Corp. ; is pleased to announce that securityholders of Goldsource Mine Inc. have approved the plan of arrangement transaction with Mako at the special meeting of securityholders of Goldsource held on June 21st, 2024, with over 97% approval on all votes held. It is expected that Goldsource will receive the final order of the Supreme Court of British Columbia at a hearing scheduled for June 26th, 2024, and [...]
Mako Mining Corp. announces that, in connection with comments received from the British Columbia Securities Commission with respect to a technical compliance review, it has filed an amended technical report dated as of June 10, 2024, with an effective date of October 11, 2023 titled "Amended Technical Report and Estimate of Mineral Resources for the San Albino Project Comprised of the San Albino and Las Conchitas [...]
Mako Mining Corp. announces that it has come to the Company's attention that the registration with the Engineers and Geoscientists of British Columbia of one of Mako's independent qualified persons, Mr. John Kowalchuk, senior geologist and a consultant to Mako, expired on January 1st, 2024, and as a result he did not meet the definition of a "qualified person" under National Instrument 43-101 at the time he reviewed and [...]
Mako Mining Corp. is pleased to provide financial results for the three months ended March 31st, 2024 . All dollar amounts referred to herein are expressed in United States dollars unless otherwise stated. The Company's financial results for Q1 2024 reflect gold sales of US$19.2 million, which generated US$10.4 million in Mine Operating Cash Flow , and US$5.3 million in Net Income. The Company reported US$0.08 in earnings [...]
Mako Mining Corp. is pleased to provide first quarter 2024 production results from its San Albino gold mine in northern Nicaragua, which is the eleventh full quarter of production results since declaring commercial production on July 1, 2021. Q1 2024 Production and Financial Highlights Record 67,961 tonnes mined containing 13,965 ounces of gold at a blended grade of 6.39 grams per tonne gold and 15,718 ounces of silver at [...]
Mako Mining Corp. is pleased to provide financial results for the three months ended December 31st, 2023 and the 3rd full year of financial results since declaring commercial production on July 1st, 2021 at its San Albino gold mine in northern Nicaragua. All dollar amounts referred to herein are expressed in United States dollars unless otherwise stated. The Company's financial results for Q4 2023 reflect record gold [...]
Mako Mining Corp. is pleased to announce that, further to its news release dated February 15, 2024 and following receipt of the required approval of the TSX Venture Exchange, it has now closed its debt settlement transaction in the amount of US$960,000 with GR Silver Mines Ltd. by way of cash payment in the amount of US$500,000 and the issuance of 296,710 shares of Mako Mining Corp. at a deemed price of C$2.1007 . The [...]