Mako Mining and Goldsource Mines are pleased to announce that they have entered into an arrangement agreement, pursuant to which Mako will acquire all of the issued and outstanding common shares of Goldsource, in exchange for common shares of Mako, by way of a plan of arrangement. The Transaction will create a company that will combine Mako's highly profitable Nicaraguan gold operations and mine-building team with [...]
Mako Mining 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, which is currently in commercial production. Since the most recent mineral resource estimate at the San Albino Project was defined, Mako has completed 9,951 m in 176 reverse circulation drill holes of the [...]
Mako Mining Corp. is pleased to announce that it has entered into an agreement with GR Silver Mines Ltd. and its subsidiary companies to settle all outstanding reclamation and rehabilitation obligations of Mako, among other obligations and liabilities, under the terms of the share purchase agreement dated as of January 29th, 2021 and Indemnity Agreement dated March 31st, 2021 related to the sale of Mako's Mexican [...]
Mako Mining Corp. is pleased to announce further results from a reverse circulation drill program at Mako's newest mining area, Las Conchitas, located immediately south of the company's San Albino gold mine, which is in commercial production. In 2023, Mako completed 11,737.6 m in 262 RC drill holes in the ongoing resource expansion drill program . The results reported in this release are from two of three main zones at [...]
Mako Mining Corp. is pleased to announce that it has been approved for graduation to Tier 1 issuer status by the TSX Venture Exchange . Therefore, effective at market open, Tuesday, January 23rd, 2024, the Company's Tier classification will change from Tier 2 to Tier 1. The TSXV classifies issuers into different tiers based on certain standards including historical financial performance, stage of development and financial [...]
Mako Mining Corp. is pleased to provide fourth quarter 2023 production results from its San Albino gold mine in northern Nicaragua, which is the tenth full quarter of production results since declaring commercial production on July 1, 2021. Audited financial results for Q4 and full year 2023, including detailed reporting of our operating costs, are expected to be released in April 2024. Q4 2023 Production and Financial [...]
Mako Mining Corp. ; is pleased to provide the following update: After the Company resumed its original processing plan , 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 . Mill head grades have been exceptionally high during [...]
Mako Mining Corp. announces that it has filed today an independent technical report prepared by Mine Development Associates, a division of RESPEC, out of Reno, Nevada, in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The Technical Report supports the results of an updated mineral resource estimate for the Company's San Albino Project , which includes the Las Conchitas deposit [...]
Mako Mining Corp. is pleased to provide financial results for the three months ended September 30th, 2023 , which is the ninth full quarter 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 financial results for the quarter reflect a [...]
Mako Mining Corp. announces that the TSX Venture Exchange has accepted its normal course issuer bid to purchase up to an aggregate of 3,290,929 common shares of the Company, representing 5% of the 65,818,593 Common Shares issued and outstanding on the date hereof. Purchases under the NCIB may be commenced on November 7, 2023, and will end no later than November 6, 2024. The Common Shares will be purchased for cancellation [...]
Mako Mining Corp. is pleased to report the results of an updated mineral resource estimate prepared by RESPEC, out of Reno, for the San Albino Project, which includes the Las Conchitas deposit. An updated technical report for the San Albino Project with an effective date of October 11th, 2023, including the updated mineral resource estimate, is being prepared in accordance with National Instrument 43-101, Standards of [...]
Mako Mining Corp. is pleased to provide third quarter 2023 production results from its San Albino gold mine in northern Nicaragua, which is the ninth full quarter of production results since declaring commercial production on July 1, 2021. Financial results for Q3 2023, including detailed reporting of our operating costs, are expected to be released by next month. Q3 2023 Production Highlights 47,732 tonnes mined [...]
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