Mako Mining Corp. is pleased to report positive drill results from expansion drilling at its San Albino gold project in northern Nicaragua. The objective of this drill program was to target the SW Zone at San Albino, where very limited mineral resources were estimated by Mine Development Associates. A technical report for the updated mineral [...]
Mako Mining Corp. is pleased to announce that further to its press release of February 16, 2021, it has now entered into the main credit facility with Nebari Natural Resources Credit Fund I, LP to provide financing of US$6.34 million. The Company proposes to use the funds to accelerate the ramp up of mining operations at the San Albino gold project [...]
Mako Mining Corp. is pleased to announce that it is in final negotiations with Nebari Natural Resources Credit Fund I, LP to provide financing of US$6.34 million, including a US$500,000 bridge loan that has now been funded . The Company proposes to use the funds from the Financing to accelerate the ramp up of mining operations at the San Albino [...]
Mako Mining Corp. is pleased to announce the grant today of 1,000,000 incentive stock options to its newly appointed Chief Financial Officer in accordance with the terms of the Company's Stock Option Plan. The stock options are exercisable at a price of C$0.345 per share for a term of five years, expiring on February 4, 2026, and shall vest as to [...]
Mako Mining Corp. is pleased to announce the commencement of processing of stockpiled material at the San Albino gold project in northern Nicaragua, the initiation of a 50,000 meter drilling program across the Company's district-scale land package and the appointment of a new Chief Financial Officer and Corporate Secretary. Akiba Leisman, Chief [...]
Mako Mining Corp. is pleased to report grade and tonnage results from mining of the upper half of the third bench of the San Albino vein at its San Albino gold project in northern Nicaragua. The mined bench consisted of one three-meter half bench between 601 and 604 meters above sea level and contained 815 ounces Au and 1,456 ounces Ag within 1,784 [...]
GR Silver Mining Ltd. and Mako Mining Corp. have agreed to amend their Letter of Intent dated December 12, 2019, to extend the date by which they are required to sign a Definitive Agreement to January 31, 2021. Pursuant to the LOI, GR Silver and Mako agreed to negotiate an arm's length transaction whereby GR Silver would acquire 100% of the issued [...]
Mako Mining Corp. is pleased to report positive drill results from the Bayacun Zone within the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia. The Las Conchitas area is located approximately 2.5 km south of the fully permitted San Albino gold project currently under construction. The goal of the 2020 drill [...]
TSX-V: MKO; OTCQX: MAKOF 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 [...]
Mako Mining Corp. announces that its previously issued audited consolidated financial statements for the eight months ended December 31, 2019, and the corresponding management's discussion and analyses have been restated and reissued as of today's date. During the eight months ended December 31, 2019, the Company included an accrual for mining [...]
Mako Mining Corp. is pleased to announce that effective at the opening on November 17, 2020, 35,500,000 common share purchase warrants will commence trading on the TSX Venture Exchange under the symbol "MKO.WT.A". The Warrants were issued pursuant to a private placement financing of the Company completed on July 16, 2020 and are governed by a [...]
Mako Mining Corp. is pleased to report grade and tonnage results from mining of the second full bench of the San Albino vein at its San Albino gold project in northern Nicaragua. The bench mined consisted of two separate three-meter half benches between 610 and 604 meters above sea level and contained 1,532 ounces Au and 2,569 ounces Ag within [...]