Mako Mining Corp. is pleased to report grade and tonnage results from mining the first 12 benches of the San Albino vein at its San Albino gold project in northern Nicaragua. The mined benches consisted of twelve, six-meter benches between 616 and 550 meters above sea level and contained a total of 32,208 ounces Au and 55,687 ounces Ag within [...]
The Company is pleased to report that the Ministry of Environmental and Natural Resources has granted an exploration permit to the Company for the La Segoviana concession, which was granted to Mako in 2020. The permit is valid for 10 years and is renewable for up to an additional 20 years. The Company is now permitted to drill up to 1,100,000 [...]
Mako Mining Corp. is pleased to provide financial results for the three months ended September 30, 2021, which is the first full quarter of financial results since declaring commercial production on July 1, 2021 at its San Albino gold mine in northern Nicaragua. For detailed Q3 2021 operating statistics, please see the press release dated October [...]
Mako Mining Corp. is pleased to report that the Ministry of Environmental and Natural Resources has granted an exploration permit to the Company for the Potrerillos concession acquired in December 2019. Starting from November 15, 2021, the permit is valid for 10 years and is renewable for up to an additional 20 years. The Company is now permitted [...]
Mako Mining Corp. announces that the TSX Venture Exchange has accepted its normal course issuer bid to purchase up to an aggregate of 32,965,449 common shares of the Company, representing 5% of the 659,308,984 Common Shares issued and outstanding on the date hereof. Purchases under the NCIB may be commence on October 19, 2021, and will end no later [...]
Mako Mining Corp. is pleased to provide third quarter 2021 production results from its San Albino gold mine in northern Nicaragua, which is the first full quarter of production results since declaring commercial production on July 1, 2021. Financial results for Q3 2021, including detailed reporting of our operating costs, are expected in November [...]
Mako Mining Corp. is pleased to announce that Wexford Catalyst Trading Limited, Wexford Spectrum Trading Limited and Debello Trading Limited and Wexford Capital LP, as agent on behalf of the Lenders have agreed to an extension of the current maturity date of the unsecured term loan in the amount of US$15,150,000 , of which US$12,865,000 of [...]
Mako Mining Corp. is pleased to provide an operating update from its San Albino gold mine in northern Nicaragua. All components of the 500 tonnes per day gravity and carbon-in-leach processing plant have been fully operational since the beginning of May 2021. Since May 12th, when the processing of high-grade mineralization began, the plant has been [...]
Mako Mining Corp. is pleased to report positive drill results from infill and expansion drilling at the Arras Zone within its San Albino gold mine in northern Nicaragua. The objective of the drill program at the Arras Zone is to increase the level of confidence in the currently defined resources and to define additional shallow, high-grade [...]
Mako Mining Corp. is pleased to report financial results for the three and six months ended June 30, 2021 as well as the signing of a loan agreement with Sailfish Royalty Corp. for an $8 million gold-linked loan to refinance existing short-term debt. All amounts are expressed in United States dollars, unless otherwise stated. The Company declared [...]
Mako Mining Corp. is pleased to report that the shareholders of the Company today approved, by an overwhelming majority, the Company's new omnibus equity incentive plan, as well as the re-appointment of the auditors of the Company and the election of each of the directors of the Company for the ensuring year, all as put forth at the meeting and [...]
Mako Mining Corp. is pleased to report positive drill results from the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia, Nicaragua, and from its ongoing reconnaissance exploration program on its La Segoviana exploration and exploitation concession. The Las Conchitas area is located approximately 2.5 km south [...]
