La Conchita, California

Mako Mining Provides Q3 2022 Financial Results and Corporate Update

Retrieved on: 
Wednesday, November 30, 2022
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Akiba Leisman, Chief Executive Officer, states that "Q3 2022 was the fifth full quarter of financial results since declaring commercial production at San Albino.

Key Points: 
  • Akiba Leisman, Chief Executive Officer, states that "Q3 2022 was the fifth full quarter of financial results since declaring commercial production at San Albino.
  • Additionally, the Company expects a significant reduction in AISC, higher net income and record gold sales in Q4 2022."
  • A portion of that published mineral resource formed the basis of our non-cash depletion and depreciation calculation through Q3 2022.
  • Mako does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Mako Mining On Track For Record Q4 Gold Sales, Announces Plant Capacity Expansion to 600tpd With No Additional Capex and Provides Corporate Update

Retrieved on: 
Wednesday, November 16, 2022
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The Company is pleased to announce that the plant is now operating significantly above nameplate capacity, with recoveries at expected levels.

Key Points: 
  • The Company is pleased to announce that the plant is now operating significantly above nameplate capacity, with recoveries at expected levels.
  • The Company sold a total of 5,455 ounces of gold in the first half of Q4 2022 (from October 1st through November 15th), putting the Company on track for record gold sales in Q4 2022.
  • By the end of the quarter, Mako expects to be operating at 600 tpd with no additional capex and minimal recovery losses.
  • Akiba Leisman, Chief Executive Officer of Mako states that, "Q4 is starting out very strong, and we now expect record gold sales at San Albino.

Expansion Drilling at the SW Pit Intersects 64.9 g/t Au and 87.72 g/t Ag over 2.00m (Estimated True Width) 50m From Surface

Retrieved on: 
Tuesday, September 6, 2022
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Two of the Company's seven drill rigs are currently focused on this SW Pit area.

Key Points: 
  • Two of the Company's seven drill rigs are currently focused on this SW Pit area.
  • Drill hole SA22-626 intersected multiple intervals of high-grade, near surface gold mineralization, including 64.90 g/t Au and 87.7 g/t Ag over 2m (ETW), 50m below surface.
  • Drill hole SA22-663 intersected an additional high-grade interval of 9.09 g/t Au and 11.3 g/t Ag over 2m (1.2m ETW), 36m below surface.
  • SA22-622 intersected three mineralized intervals (see table below), including 68.80 g/t Au and 60.6 g/t Ag over 0.6m (0.5m ETW) 95m from surface.

MAKO MINING PROVIDES UPDATE ON ONE YEAR ANNIVERSARY SINCE DECLARING COMMERCIAL PRODUCTION

Retrieved on: 
Tuesday, July 5, 2022
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VANCOUVER, BC, July 5th, 2022 /PRNewswire/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") is pleased to provide an update on its first anniversary since declaring commercial production at its San Albino mine in Northern Nicaragua.

Key Points: 
  • VANCOUVER, BC, July 5th, 2022 /PRNewswire/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") is pleased to provide an update on its first anniversary since declaring commercial production at its San Albino mine in Northern Nicaragua.
  • Mako has now been in commercial production for 1 year.
  • Having just finished Q2 2022, some of the production statistics below are estimates as they have not been fully reconciled.
  • Mako does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Sailfish Provides Update on its San Albino Gold Stream and Royalty; Highlighted by a US$17.2 million and 110,080 Meters Drilling Campaign

Retrieved on: 
Thursday, March 10, 2022
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Within Sailfish's portfolio are two main assets in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold mine (~3.5 sq.

Key Points: 
  • Within Sailfish's portfolio are two main assets in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold mine (~3.5 sq.
  • km) and a 2% NSR on the rest of the area (~134.5 sq.
  • km) surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the multi-million ounce Spring Valley gold project in Pershing County, Nevada.
  • Sailfish is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQX under the symbol "SROYF".

Mako Mining Reports Positive Resource Reconciliation

Retrieved on: 
Tuesday, January 11, 2022
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To date, areas mined in the MDA Resource contained 40% measured resources, 25% indicated resources and 35% inferred resources.

Key Points: 
  • To date, areas mined in the MDA Resource contained 40% measured resources, 25% indicated resources and 35% inferred resources.
  • Akiba Leisman, Chief Executive Officer of Mako states that, "we are extremely happy with performance of the MDA Resource model thus far.
  • Management and MDA intentionally used conservative assumptions to account for dilution in the resource model, so the 10% positive grade reconciliation is welcome news, but not a surprise.
  • On behalf of the Board,
    Mako Mining Corp. is a publicly listed gold mining, development and exploration company.