| Announcement Date: | 2022-10-24 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Mako Mining Corp. |
| Project name: | San Albino-Murra |
| Location: | Nicaragua |
| Commodities: | Gold,Silver |
| Highlight: | Drilling results incl. 2.1m at 42.59g/t Au, 31.3g/t Ag from 165.9m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | VANCOUVER, BC, Mako Mining Corp. (TSX-V: MKO; OTCQX: MAKOF) (“Mako” or the “Company”) is pleased to report additional results from its recent definition and expansion drilling program at the Las Conchitas area on its wholly-owned San Albino-Murra property. The Las Conchitas area is located immediately south of the San Albino Mine which is currently in commercial production. Seven diamond drill rigs are currently drilling on the property with five of the rigs dedicated to the Las Conchitas area, which is located between the San Albino Mine and the historical El Golfo Mine on the Company’s El Jicaro Concession. Las Conchitas comprises an area of approximately 3.75 km2 and is subdivided into three primary areas: Las Conchitas North (“LC-N”), Las Conchitas Central (“LC-C”) and Las Conchitas South (“LC-S”). Each of these areas host multiple subparallel, northeast-southwest striking, gently dipping gold bearing veins. In 2022, the Company has completed 208 drill holes to-date totaling 30,558 meters (m). The objective of the drilling at the Las Conchitas area is to test the strike and dip extension of the gold mineralization amenable to both open pit and underground mining methods, and to provide sufficient information for a mineral resource estimate currently being prepared by the Company. |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 60,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Announcement Alerts and Notifications
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data