TSX-V: MKO; OTCQB: MAKOF
VANCOUVER, May 27, 2020 /CNW/ - Mako Mining Corp.
(TSX-V: MKO; OTCQB: MAKOF) ("Mako" or the "Company") is pleased to
report positive results from the recently completed infill drilling
program at its wholly-owned San Albino gold project ("San Albino")
located in Nueva Segovia,
Nicaragua.
The 2019-20 infill grade-control drilling program
consisted of 18,037 meters ("m") of drilling in 368 diamond drill
holes on the San Albino Zone, which is the main gold bearing zone
at San Albino, and an additional 5,947
m of drilling in 147 diamond drill holes on the Arras Zone
(see press release dated May 6,
2020). The San Albino and Arras Zones are the areas outlined
by the West, Central, Southwest and Northeast pits in the Company's
preliminary economic assessment ("PEA"), dated April 29, 2015 and available under the Company's
profile on SEDAR at www.sedar.com (see attached
map).
The objectives of the 2019-20 infill drilling program were
to:
- Determine the continuity of the San Albino
Zone
- Determine extensions of San Albino Zone along strike and
down dip
- Confirm other mineralized zones (Arras Zone)
- Determine the grade and extent of historical dump
material
- Compile all necessary data to allow a third-party to
update the resource estimate in the PEA
In accordance with the final objective of the 2019-20
infill drilling program, the Company has hired Mine Development
Associates ("MDA"), a division of RESPEC, out of Reno, Nevada to update the resource estimate
in the PEA. The MDA team will be led by Steven Ristorcelli, Principal Geologist, with
the goal of providing an updated resource estimate in late in Q3
based on assay data received through the end of this month.
The updated resource estimate will only focus on San Albino.
MDA has also been retained to begin evaluating the exploration work
being performed at the Las Conchitas area, with the ultimate goal
of preparing a maiden mineral resource estimate.
The highlights of this press release are drill holes
SA20-418 and SA20-471. Both holes were drilled to test the
continuity of the high-grade Porcelana-style mineralization
encountered in multiple drill holes reported last
year.
SA20-418 intersected 69.99 g/t Au and 104.3 g/t Ag over
1.8 m, including 121.80 g/t Au and
177.0 g/t Ag over 1 m.
Mineralization in the hole begins 34.4
m from surface, with visible gold observed in this interval
(see attached long section).
SA20-471 intersected 47.89 g/t Au and 23.38 g/t Ag over
2.55 m, including 136.00 g/t Au and
62.2 g/t Ag over 0.75 m (see attached
long and cross sections). Mineralization in the hole begins
35.4 meters from surface. SA20-471 is located 120 m along strike from SA20-418 and confirms
continuity of a high-grade gold zone in the Porcelana area which
extends for approximately 130 m along
strike and approximately 70 m down
dip.
Akiba Leisman, CEO of Mako
Mining states that "the completion of infill drilling is another
key milestone at San Albino. We believe the results in this
press release and over the past year to be some of the highest
grade results for any open pit project globally. Now that
close-spaced drilling has confirmed our revised geologic model, the
update of the resource estimate will serve as the basis for the
proposed 500 tonne per day mine plan at the San Albino gold
project."
The Company is also pleased to report extensions of the
San Albino Zone along strike to the southwest, which have extended
the zone by 100 m. SA20-493
intersected 28.30 g/t Au and 36.4 g/t Ag over 0.50 m, approximately 28
m below surface (see attached long section).
Continuity of this area of the zone is demonstrated in the
following holes:
- SA20-470 intersected 28.50 g/t Au and 37.70 g/t Ag over
0.60 m, approximately 21.9 m from surface
- SA19-329 intersected 30.03 g/t Au and 30.9 g/t Ag over
0.9 m, approximately 47 m from surface
- SA19-400 intersected 10.65 g/t Au and 16.8 g/t Ag over
2.0 m, approximately 32 m from surface
Furthermore, Mako was able to extend the San Albino Zone
down dip to the northwest (see attached cross section).
There was a previously unmodelled fault in this area that brought
the zone approximately 37 m closer to
the surface than projected. This may have positive
implications, as this may allow the pit to extend further to the
northwest to access this shallower gold bearing
mineralization. Continuity of this area of the zone is
demonstrated in the following holes:
- SA20-402 intersected 11.82 g/t Au and 26.1 g/t Ag over
0.7 m, approximately 27 m from surface
- SA19-403 tested the same mineralized zone approximately
50 m down dip and intersected the
zone with 7.75 g/t Au and 7.6 g/t Ag over 5.7 m (true thickness of 3.7 m) at a vertical depth of 28 m
- Results are pending for several other holes (SA20-504,
505 and 506) that tested the down-dip continuity of the vein for an
additional 80 m to a depth below
surface of 80 m. All three holes
intersected the San Albino Zone and it remains open down
dip
Results from 156 holes are reported in this press
release. Results are pending from a total of 95 holes in the
San Albino Zone and 114 holes in the Arras Zone.
2019-20 Infill Drilling Program Assay Results Reported
in this Press Release
|
Drill Hole
|
From
(m)
|
To
(m)
|
Width
(m)
|
Au
(g/t)
|
Ag
(g/t)
|
Interval Averages
|
True Width
(m)***
|
|
SA19-235
|
0.00
|
1.00
|
1.00
|
4.49*
|
10.6
|
Historical
dump**
|
|
|
2.00
|
3.50
|
1.50
|
4.91*
|
9.0
|
4.92 g/t Au and 9.0
g/t Ag over 1.5 m
|
1.3
|
|
23.90
|
26.70
|
2.80
|
|
|
Void
|
|
|
SA19-236 to
238
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-239
|
0.00
|
1.50
|
1.50
|
1.50
|
6.4
|
Historical
dump**
|
|
|
1.50
|
3.00
|
1.50
|
1.51
|
24.9
|
|
3.00
|
4.00
|
1.00
|
5.29
|
42.7
|
|
16.00
|
17.00
|
1.00
|
1.55*
|
5.7
|
1.34 g/t Au and 4.9
g/t Ag over 2.0 m
|
1.4
|
|
17.00
|
18.00
|
1.00
|
1.12*
|
4.1
|
|
|
SA19-240 to
241
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-242
|
18.00
|
19.00
|
1.00
|
1.15*
|
3.8
|
1.15 g/t Au and 3.8
g/t Ag over 1.0 m
|
0.9
|
|
SA19-243
|
22.50
|
24.00
|
1.50
|
1.99*
|
5.7
|
1.99 g/t Au and 5.7
g/t Ag over 1.5 m
|
1.3
|
|
SA19-244
|
|
|
|
|
|
No significant
results
|
|
|
SA19-245
|
24.60
|
24.90
|
0.30
|
|
|
Void
|
|
|
SA19-246 to
249
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-250
|
0.00
|
2.00
|
2.00
|
0.91
|
3.1
|
Historical
dump**
|
|
|
2.00
|
4.00
|
2.00
|
0.98
|
3.9
|
|
4.00
|
5.50
|
1.50
|
0.19
|
6.6
|
|
SA19-251
|
0.00
|
1.00
|
1.00
|
2.57
|
8.2
|
Historical
dump**
|
|
|
1.00
|
2.50
|
1.50
|
0.37
|
0.7
|
|
SA19-252
|
0.00
|
1.50
|
1.50
|
3.53
|
9.9
|
Historical
dump**
|
|
|
1.50
|
3.00
|
1.50
|
1.22
|
1.7
|
|
SA19-253
|
1.80
|
3.00
|
1.20
|
1.56
|
2.2
|
Historical
dump**
|
|
|
3.00
|
4.50
|
1.50
|
4.23
|
9.0
|
|
4.50
|
6.00
|
1.50
|
2.56
|
79.7
|
|
6.00
|
7.50
|
1.50
|
12.20
|
25.1
|
|
7.50
|
9.00
|
1.50
|
1.25
|
20.9
|
|
SA19-254
|
1.00
|
5.00
|
4.00
|
7.87
|
19.5
|
Historical
dump**
|
|
|
SA19-255
|
1.50
|
3.00
|
1.50
|
1.30
|
3.4
|
Historical
dump**
|
|
|
3.00
|
4.00
|
1.00
|
2.82
|
1.2
|
|
4.00
|
5.00
|
1.00
|
0.35
|
7.0
|
|
5.00
|
6.50
|
1.50
|
4.11
|
15.5
|
4.11 g/t Au and 15.5
g/t Ag over 1.50 m
|
1.5
|
|
SA19-256
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-257
|
14.70
|
15.70
|
1.00
|
1.6*
|
6.2
|
1.60 g/t Au and 6.2
g/t Ag over 1.0 m
|
0.8
|
|
SA19-258
|
|
|
|
|
|
No significant
results
|
|
|
SA19-259
|
12.10
|
17.80
|
5.70
|
|
|
Void
|
|
|
20.00
|
20.80
|
0.80
|
5.07*
|
7.3
|
5.07 g/t Au and 7.3
g/t Ag over 0.8 m
|
0.7
|
|
SA19-260
|
0.00
|
1.50
|
1.50
|
7.28
|
9.8
|
Historical
dump**
|
|
|
1.50
|
2.90
|
1.40
|
54.00
|
94.1
|
|
SA19-261 to
264
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-265
|
0.00
|
1.00
|
1.00
|
0.69
|
2.2
|
Historical
dump**
|
|
|
1.00
|
2.50
|
1.50
|
5.99
|
15.9
|
|
2.50
|
4.00
|
1.50
|
4.02
|
6.4
|
|
SA19-266
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-267
|
0.00
|
0.80
|
0.80
|
2.56
|
6.4
|
Historical
dump**
|
|
|
SA19-268
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-269
|
0.00
|
2.00
|
2.00
|
2.20
|
5.0
|
Historical
dump**
|
|
|
2.00
|
3.00
|
1.00
|
2.59
|
5.7
|
|
SA19-270
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-271
|
17.40
|
18.70
|
1.30
|
2.61*
|
8.7
|
2.61 g/t Au and 8.7
g/t Ag over 1.3 m
|
1.1
|
|
SA19-272 to
275
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-276
|
0.00
|
1.50
|
1.50
|
1.15
|
2.5
|
Historical
dump**
|
|
|
10.00
|
11.00
|
1.00
|
1.16*
|
7.2
|
5.14 g/t Au and 16.1
g/t Ag over 4.5 m
|
3.9
|
|
11.00
|
12.00
|
1.00
|
8.48*
|
22.9
|
|
12.00
|
13.00
|
1.00
|
8.17*
|
17.9
|
|
13.00
|
14.50
|
1.50
|
3.54*
|
16.4
|
|
22.00
|
23.50
|
1.50
|
4.97*
|
1.1
|
4.97 g/t Au and 4.9
g/t Ag over 1.0 m
|
|
|
SA19-277
|
6.00
|
7.50
|
1.50
|
1.43*
|
0.5
|
3.17 g/t Au and 5.2
g/t Ag over 7.5 m
|
5.8
|
|
7.50
|
9.00
|
1.50
|
8.3*
|
4.9
|
|
9.00
|
10.50
|
1.50
|
2.09*
|
5.5
|
|
10.50
|
11.50
|
1.00
|
3.32*
|
4.6
|
|
11.50
|
12.50
|
1.00
|
1.71*
|
8.7
|
|
12.50
|
13.50
|
1.00
|
1.02*
|
9.3
|
|
SA19-278
|
0.00
|
1.00
|
1.00
|
4.88
|
8.1
|
Historical
dump**
|
|
|
1.00
|
2.00
|
1.00
|
0.90
|
2.7
|
|
2.00
|
3.00
|
1.00
|
8.68
|
30.0
|
|
SA19-279
|
0.00
|
1.00
|
1.00
|
4.95
|
11.4
|
4.00 g/t Au and 13.2
g/t Ag over 3.5 m
|
2.7
|
|
1.00
|
2.00
|
1.00
|
0.63
|
7.4
|
|
2.00
|
3.50
|
1.50
|
5.62
|
18.3
|
|
22.50
|
25.50
|
3.00
|
|
|
Void
|
|
|
25.50
|
26.50
|
1.00
|
5.63*
|
19.7
|
5.63 g/t Au and 19.7
g/t Ag over 1.0 m
|
0.8
|
|
SA19-280
|
7.20
|
8.50
|
1.30
|
1.06*
|
2.8
|
1.06 g/t Au and 2.8
g/t Ag over 1.3 m
|
1.2
|
|
SA19-281
|
0.00
|
2.00
|
2.00
|
2.21
|
14.6
|
Historical
dump**
|
|
|
2.00
|
3.50
|
1.50
|
7.10
|
34.6
|
|
3.50
|
5.00
|
1.50
|
0.87
|
8.9
|
|
5.00
|
6.10
|
1.10
|
2.20
|
31.5
|
|
6.10
|
7.20
|
1.10
|
2.03
|
23.1
|
|
7.20
|
8.50
|
1.30
|
2.69
|
3.1
|
|
8.50
|
10.00
|
1.50
|
0.36
|
1.0
|
|
10.00
|
11.50
|
1.50
|
0.50
|
4.1
|
|
11.50
|
13.00
|
1.50
|
2.48
|
12.7
|
|
SA19-282
|
|
|
|
|
|
No significant
results
|
|
|
SA19-283
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-284
|
3.00
|
4.50
|
1.50
|
2.27
|
2.5
|
Historical
dump**
|
|
|
4.50
|
6.00
|
1.50
|
2.46
|
3.9
|
|
6.00
|
7.20
|
1.20
|
1.69
|
3.9
|
|
7.20
|
8.70
|
1.50
|
9.34
|
32.2
|
|
SA19-285
|
0.00
|
1.50
|
1.50
|
1.64
|
3.5
|
Historical
dump**
|
|
|
3.00
|
4.50
|
1.50
|
0.75
|
4.8
|
|
4.50
|
5.50
|
1.00
|
1.67
|
2.1
|
|
5.50
|
6.50
|
1.00
|
6.86
|
16.6
|
|
6.50
|
7.50
|
1.00
|
6.48
|
15.6
|
|
SA19-286 to
287
|
|
|
|
|
|
Previously
reported
|
|
|
SA19-288
|
9.50
|
11.00
|
1.50
|
1.89*
|
4.8
|
1.89 g/t Au and 4.8
g/t Ag over 1.5 m
|
1.4
|
|
SA19-289 to
290
|
|
|
|
|
|
No significant
results
|
|
|
SA19-291
|
0.70
|
2.40
|
1.70
|
7.35
|
15.7
|
Historical
dump**
|
|
|
SA19-292
|
16.80
|
17.50
|
0.70
|
7.67*
|
32.2
|
17.52 g/t Au and 28.5
g/t Ag over 1.2 m
|
1.2
|
|
17.50
|
18.00
|
0.50
|
31.31*
|
23.2
|
|
18.00
|
23.30
|
5.30
|
|
|
Void
|
|
|
23.30
|
24.20
|
0.90
|
5.07*
|
11.9
|
3.04 g/t Au and 8.8
g/t Ag over 1.9 m
|
1.9
|
|
24.20
|
25.20
|
1.00
|
1.22*
|
6.0
|
|
|
|
SA19-293
|
16.30
|
16.80
|
0.50
|
21.20*
|
52.6
|
11.81 g/t Au and 25.0
g/t Ag over 2.5 m
|
2.5
|
|
16.80
|
17.20
|
0.40
|
14.45*
|
25.7
|
|
17.20
|
17.50
|
0.30
|
16.99*
|
28.4
|
|
17.50
|
18.00
|
0.50
|
1.65*
|
6.7
|
|
18.00
|
18.60
|
0.60
|
9.50*
|
19.0
|
|
18.60
|
18.80
|
0.20
|
7.59*
|
12.6
|
|
18.80
|
22.50
|
3.70
|
|
|
Void
|
|
|
24.00
|
25.40
|
1.40
|
|
|
Void
|
|
|
SA19-294
|
17.90
|
20.10
|
2.20
|
|
|
Void
|
|
|
SA19-295 to
296
|
|
|
|
|
|
No significant
results
|
|
|
SA19-297
|
3.50
|
7.60
|
4.10
|
|
|
Void
|
|
|
SA19-298
|
|
|
|
|
|
No significant
results
|
|
|
SA19-299
|
133.80
|
134.80
|
1.00
|
11.91*
|
29.5
|
11.91 g/t Au and 29.5
g/t Ag over 1.0 m
|
0.9
|
|
144.50
|
145.60
|
1.10
|
3.32*
|
6.8
|
2.56 g/t Au and 5.7
g/t Ag over 5.8 m
|
5.5
|
|
145.60
|
146.90
|
1.30
|
1.77*
|
14.4
|
|
146.90
|
148.00
|
1.10
|
6.81*
|
3.8
|
|
148.00
|
149.00
|
1.00
|
0.06*
|
0.7
|
|
149.00
|
150.30
|
1.30
|
1.03*
|
1.5
|
|
SA19-300
|
3.00
|
4.40
|
1.40
|
1.15*
|
3.2
|
Historical
dump**
|
|
|
18.00
|
19.00
|
1.00
|
1.46*
|
4.8
|
1.46 g/t Au and 4.8
g/t Ag over 1.0 m
|
1.0
|
|
74.30
|
75.30
|
1.00
|
4.39*
|
8.5
|
4.95 g/t Au and 7.55
g/t Ag over 2.0 m
|
1.7
|
|
75.30
|
76.30
|
1.00
|
5.51*
|
6.6
|
|
|
|
SA19-301
|
4.50
|
6.00
|
1.50
|
2.15*
|
4.4
|
Historical
dump**
|
|
|
6.00
|
7.00
|
1.00
|
1.27*
|
5.0
|
|
16.00
|
17.50
|
1.50
|
5.80*
|
7.7
|
5.8 g/t Au and 7.7
g/t Ag over 1.5 m
|
1.5
|
|
SA19-302
|
|
|
|
|
|
No significant
results
|
|
|
SA19-303
|
10.00
|
11.00
|
1.00
|
1.83*
|
2.7
|
1.83 g/t Au and 2.7
g/t Ag over 1.0 m
|
0.8
|
|
SA19-304
|
|
|
|
|
|
No significant
results
|
|
|
SA19-305
|
2.40
|
5.40
|
3.00
|
|
|
Void
|
|
|
SA19-306
|
17.00
|
18.00
|
1.00
|
33.08*
|
27.5
|
33.08 g/t Au and 27.5
g/t Ag over 1.0 m
|
0.9
|
|
20.00
|
21.50
|
1.50
|
27.09*
|
67.1
|
27.09 g/t Au and 67.1
g/t Ag over 1.5 m
|
1.4
|
|
25.00
|
26.00
|
1.00
|
1.23*
|
7.2
|
1.23 g/t Au and 7.2
g/t Ag over 1.0 m
|
0.9
|
|
SA19-307
|
15.50
|
16.50
|
1.00
|
2.82*
|
4.1
|
2.82 g/t Au and 4.1
g/t Ag over 1.0 m
|
0.9
|
|
SA19-308
|
49.05
|
49.80
|
0.75
|
|
|
Void
|
|
|
SA19-309
|
38.60
|
39.60
|
1.00
|
2.85*
|
8.4
|
2.85 g/t Au and 8.4
g/t Ag over 1.0 m
|
0.6
|
|
SA19-310 to
311
|
|
|
|
|
|
No significant
results
|
|
|
SA19-312
|
13.50
|
14.50
|
1.00
|
1.51*
|
2.0
|
1.51 g/t Au and 2.0
g/t Ag over 1.0 m
|
0.9
|
|
SA19-313 to
315
|
|
|
|
|
|
No significant
results
|
|
|
SA19-316
|
0.00
|
1.00
|
1.00
|
3.30*
|
8.8
|
Historical
dump**
|
|
|
1.00
|
2.00
|
1.00
|
1.57*
|
8.4
|
|
23.50
|
24.50
|
1.00
|
1.92*
|
3.0
|
1.92 g/t Au and 3.0
g/t Ag over 1.0 m
|
1.0
|
|
SA19-317
|
0.00
|
1.50
|
1.50
|
1.33*
|
4.6
|
Historical
dump**
|
|
|
1.50
|
3.00
|
1.50
|
2.52*
|
12.6
|
|
28.50
|
30.00
|
1.50
|
1.18*
|
2.4
|
1.18 g/t Au and 2.4
g/t Ag over 1.5 m
|
1.4
|
|
SA19-318 to
319
|
|
|
|
|
|
No significant
results
|
|
|
SA19-320
|
36.65
|
37.20
|
0.55
|
4.13*
|
23.8
|
3.76 g/t Au and 8.9
g/t Ag over 2.65 m
|
2.3
|
|
37.20
|
37.70
|
0.50
|
5.44*
|
4.2
|
|
37.70
|
38.70
|
1.00
|
0.41*
|
2.2
|
|
38.70
|
39.30
|
0.60
|
7.59*
|
10.4
|
|
SA19-321
|
32.20
|
32.70
|
0.50
|
6.21
|
3.6
|
6.21 g/t Au and 3.6
g/t Ag over 0.5 m
|
0.4
|
|
SA19-322 to
326
|
|
|
|
|
|
No significant
results
|
|
|
SA19-327
|
37.50
|
38.40
|
0.90
|
10.46*
|
28.9
|
10.46 g/t Au and 28.9
g/t Ag over 0.9 m
|
0.8
|
|
SA19-328
|
|
|
|
|
|
No significant
results
|
|
|
SA19-329
|
52.30
|
53.20
|
0.90
|
30.03*
|
30.9
|
30.03 g/t Au and 30.9
g/t Ag over 0.9 m
|
0.9
|
|
SA19-330
|
30.90
|
31.90
|
1.00
|
9.94*
|
33.8
|
9.94 g/t Au and 33.8
g/t Ag over 1.0 m
|
0.5
|
|
SA19-331
|
1.50
|
3.00
|
1.50
|
2.38
|
6.3
|
3.93 g/t Au and
4.9 g/t Ag over 4.1 m
|
3.8
|
|
3.00
|
4.00
|
1.00
|
1.22
|
3.4
|
|
4.00
|
5.60
|
1.60
|
7.08*
|
4.6
|
|
13.50
|
14.50
|
1.00
|
1.05*
|
3.0
|
2.64 g/t Au and 8.7
g/t Ag over 2.0 m
|
1.5
|
|
14.50
|
15.50
|
1.00
|
4.22*
|
14.3
|
|
|
SA19-332
|
0.00
|
1.50
|
1.50
|
2.19
|
3.8
|
2.19 g/t Au and 3.8
g/t Ag over 1.5 m
|
|
|
10.90
|
11.90
|
1.00
|
2.10*
|
11.3
|
2.10 g/t Au and 11.3
g/t Ag over 1.0 m
|
1.0
|
|
SA19-333
|
4.50
|
6.00
|
1.50
|
1.01*
|
6.4
|
1.99 g/t Au and 11.2
g/t Ag over 5.0 m
|
|
|
6.00
|
7.50
|
1.50
|
3.83*
|
16.9
|
|
7.50
|
8.50
|
1.00
|
0.46*
|
8.1
|
|
8.50
|
9.50
|
1.00
|
2.22*
|
13.0
|
|
25.10
|
26.00
|
0.90
|
0.73*
|
5.7
|
Anomalous
values
|
|
|
SA19-334
|
26.00
|
27.50
|
1.50
|
5.38*
|
13.7
|
5.38 g/t Au and 13.7
g/t Ag over 1.5 m
|
1.1
|
|
SA19-335
|
|
|
|
|
|
No significant
results
|
|
|
SA19-336
|
0.00
|
1.00
|
1.00
|
2.02*
|
5.3
|
4.44g/t Au and 7.9
g/t Ag over 2.0 m
|
1.8
|
|
1.00
|
2.00
|
1.00
|
6.86*
|
10.5
|
|
21.60
|
22.60
|
1.00
|
10.30*
|
31.6
|
7.27 g/t Au and 30.3
g/t Ag over 2.9 m
|
2.7
|
|
22.60
|
23.50
|
0.90
|
9.01*
|
40.7
|
|
|
23.50
|
24.50
|
1.00
|
2.66*
|
19.5
|
|
SA19-337 to
338
|
22.40
|
23.40
|
1.00
|
0.35*
|
3.5
|
No significant
results
|
|
|
SA19-339
|
24.30
|
25.50
|
1.20
|
1.85*
|
6.1
|
1.85 g/t Au and 6.1
g/t Ag over 1.2 m
|
1.0
|
|
30.50
|
31.00
|
0.50
|
1.27*
|
5.1
|
1.27 g/t Au and 5.1
g/t Ag over 0.5 m
|
0.4
|
|
43.90
|
44.90
|
1.00
|
2.11*
|
11.8
|
2.11 g/t Au and 11.8
g/t Ag over 1.0 m
|
0.6
|
|
SA19-340
|
2.00
|
3.00
|
1.00
|
4.90
|
4.4
|
4.90 g/t Au and 4.4
g/t Ag over 1.0 m
|
0.8
|
|
SA19-341
|
|
|
|
|
|
No significant
results
|
|
|
SA19-342
|
43.90
|
44.90
|
1.00
|
7.21*
|
27.6
|
7.21 g/t Au and 27.6
g/t Ag over 1.0 m
|
0.8
|
|
SA19-343
|
38.70
|
39.40
|
0.70
|
13.54*
|
34.0
|
13.54 g/t Au and 34.0
g/t Ag over 0.7 m
|
0.5
|
|
SA19-344
|
16.50
|
17.70
|
1.20
|
1.04*
|
3.4
|
11.83 g/t Au and 28.6
g/t Ag over 3.0 m
|
2.9
|
|
17.70
|
18.20
|
0.50
|
8.16*
|
23.1
|
|
18.20
|
18.70
|
0.50
|
58.29*
|
124.0
|
|
18.70
|
19.50
|
0.80
|
1.27*
|
10.1
|
|
SA19-345
|
2.50
|
4.00
|
1.50
|
9.35
|
17.1
|
9.35 g/t Au and 17.1
g/t Ag over 1.5 m
|
1.3
|
|
SA19-346
|
|
|
|
|
|
No significant
results
|
|
|
SA19-347
|
2.00
|
3.30
|
1.30
|
7.21
|
9.5
|
7.21 g/t Au and 9.5
g/t Ag over 1.3 m
|
1.3
|
|
SA19-348 to
350
|
|
|
|
|
|
No significant
results
|
|
|
SA19-351
|
13.50
|
15.00
|
1.50
|
1.40*
|
1.4
|
1.4 g/t Au and 1.4
g/t Ag over 1.5 m
|
1.2
|
|
118.40
|
119.40
|
1.00
|
3.37*
|
9.6
|
3.37 g/t Au and 9.6
g/t Ag over 1.0 m
|
1.0
|
|
135.50
|
136.50
|
1.00
|
1.55*
|
2.6
|
1.55 g/t Au and 2.6
g/t Ag over 1.0 m
|
0.9
|
|
161.00
|
162.00
|
1.00
|
6.95*
|
2.6
|
6.95 g/t Au and 2.6
g/t Ag over 1.0 m
|
0.9
|
|
SA19-352 to
353
|
|
|
|
|
|
No significant
results
|
|
|
SA19-354
|
59.80
|
61.00
|
1.20
|
1.25
|
1.5
|
1.25 g/t Au and 1.5
g/t Ag over 1.2 m
|
1.1
|
|
SA19-355
|
|
|
|
|
|
No significant
results
|
|
|
SA19-356
|
61.50
|
62.50
|
1.00
|
14.91*
|
10.2
|
14.91 g/t Au and 10.2
g/t Ag over 1.0 m
|
0.8
|
|
SA19-357
|
58.60
|
59.80
|
1.20
|
9.42*
|
10.2
|
5.25 g/t Au and 6.1
g/t Ag over 2.4 m
|
1.7
|
|
59.80
|
61.00
|
1.20
|
1.08*
|
2.0
|
|
SA19-358
|
60.50
|
62.00
|
1.50
|
2.31*
|
5.3
|
2.31 g/t Au and 5.3
g/t Ag over 1.5 m
|
1.5
|
|
SA19-359
|
55.20
|
56.50
|
1.30
|
5.76*
|
5.6
|
5.76 g/t Au and 5.6
g/t Ag over 1.3 m
|
1.3
|
|
SA19-360
|
21.00
|
24.80
|
2.40
|
|
|
Void
|
|
|
SA19-361
|
22.50
|
23.50
|
1.00
|
1.05*
|
2.6
|
1.05 g/t Au and 2.6
g/t Ag over 1.0 m
|
1.0
|
|
SA19-362 to
363
|
40.00
|
41.50
|
1.50
|
0.28
|
3.40
|
Anomalous
values
|
|
|
SA19-364
|
13.50
|
15.00
|
1.50
|
1.31
|
1.5
|
1.31 g/t Au and 1.5
g/t Ag over 1.5 m
|
1.4
|
|
SA19-365
|
11.50
|
12.90
|
1.40
|
4.27
|
2.8
|
4.27 g/t Au and 2.8
g/t Ag over 1.4 m
|
1.3
|
|
SA19-366
|
15.00
|
16.50
|
1.50
|
1.24
|
1.8
|
1.24 g/t Au and 1.8
g/t Ag over 1.5 m
|
1.4
|
|
23.50
|
24.50
|
1.00
|
1.71
|
2.6
|
1.71 g/t Au and 2.6
g/t Ag over 1.0 m
|
0.9
|
|
SA19-367
|
|
|
|
|
|
Results
pending
|
|
|
SA19-368 to
369
|
|
|
|
|
|
No significant
results
|
|
|
SA19-370
|
45.40
|
46.40
|
1.00
|
4.19
|
22.5
|
4.19 g/t Au and 22.5
g/t Ag over 1.0 m
|
0.9
|
|
SA19-371 to
373
|
|
|
|
|
|
Results
pending
|
|
|
SA19-374
|
|
|
|
|
|
No significant
results
|
|
|
SA19-375
|
39.50
|
40.50
|
1.00
|
3.01
|
5.6
|
3.58 g/t Au and 7.2
g/t Ag over 2.0 m
|
1.9
|
|
40.50
|
41.50
|
1.00
|
4.15
|
8.8
|
|
SA19-376 to
378
|
|
|
|
|
|
Results
pending
|
|
|
SA19-379
|
57.45
|
58.50
|
1.05
|
76.50
|
193.0
|
76.5 g/t Au and 193.0
g/t Ag over 1.05 m
|
0.7
|
|
SA19-380 to
381
|
|
|
|
|
|
Results
pending
|
|
|
SA19-382
|
35.40
|
38.40
|
3.00
|
|
|
Void
|
|
|
38.40
|
39.40
|
1.00
|
9.82*
|
10.2
|
9.82 g/t Au and 10.2
g/t Ag over 1.0 m
|
1.0
|
|
SA19-383
|
44.80
|
45.80
|
1.00
|
12.80
|
4.6
|
12.8 g/t Au and 4.6
g/t Ag over 1.0 m
|
0.9
|
|
SA19-384
|
|
|
|
|
|
No significant
results
|
|
|
SA19-385
|
46.50
|
47.50
|
1.00
|
1.39*
|
2.2
|
1.39 g/t Au and 2.2
g/t Ag over 1.0 m
|
0.9
|
|
SA19-386
|
|
|
|
|
|
Results
pending
|
|
|
SA19-387
|
46.50
|
47.50
|
1.00
|
4.68
|
10.8
|
10.39 g/t Au and 10.8
g/t Ag over 2.7 m
|
2.5
|
|
47.50
|
48.20
|
0.70
|
11.40
|
21.6
|
|
48.20
|
49.20
|
1.00
|
15.40
|
3.3
|
|
SA19-388 to
390
|
|
|
|
|
|
Results
pending
|
|
|
SA19-391
|
0.00
|
0.80
|
0.80
|
1.71
|
3.7
|
Historical
dump**
|
|
|
0.80
|
2.00
|
1.20
|
1.92
|
1.9
|
2.27 g/t Au and 1.9
g/t Ag over 2.2 m
|
2.0
|
|
2.00
|
3.00
|
1.00
|
2.70
|
1.9
|
|
SA19-392
|
|
|
|
|
|
No significant
results
|
|
|
SA19-393 to
396
|
|
|
|
|
|
Results
pending
|
|
|
SA19-397
|
25.20
|
26.60
|
1.40
|
6.55*
|
10.7
|
4.84 g/t Au and 16.1
g/t Ag over 2.8 m
|
1.4
|
|
26.60
|
28.00
|
1.40
|
3.12*
|
21.5
|
|
SA19-398
|
|
|
|
|
|
Results
pending
|
|
|
SA19-399
|
50.40
|
51.20
|
0.80
|
1.43*
|
9.0
|
1.43 g/t Au and 9.0
g/t Ag over 0.8 m
|
0.7
|
|
SA19-400
|
42.60
|
43.60
|
1.00
|
16.29*
|
24.1
|
10.65 g/t Au and 16.8
g/t Ag over 2.0 m
|
1.3
|
|
43.60
|
44.60
|
1.00
|
5.01*
|
9.4
|
|
SA19-401
|
|
|
|
|
|
Results
pending
|
|
|
SA19-402
|
26.70
|
27.40
|
0.70
|
11.82*
|
26.1
|
11.82 g/t Au and 26.1
g/t Ag over 0.7 m
|
0.7
|
|
SA19-403
|
39.50
|
40.50
|
1.00
|
20.23*
|
23.5
|
7.75 g/t Au and 7.6
g/t Ag over 5.7 m
|
3.7
|
|
40.50
|
41.50
|
1.00
|
2.34*
|
1.6
|
|
41.50
|
42.50
|
1.00
|
5.04*
|
1.6
|
|
42.50
|
43.30
|
0.80
|
11.99*
|
7.4
|
|
43.30
|
44.20
|
0.90
|
1.35*
|
1.0
|
|
44.20
|
45.20
|
1.00
|
5.76*
|
10.0
|
|
SA19-404 to
405
|
|
|
|
|
|
Results
pending
|
|
|
SA20-406
|
34.40
|
35.30
|
0.90
|
32.10
|
65.3
|
19.67 g/t Au and 41.1
g/t Ag over 1.6 m
|
1.2
|
|
35.30
|
36.00
|
0.70
|
3.68
|
9.9
|
|
SA20-407
|
34.00
|
35.00
|
1.00
|
1.12
|
1.7
|
1.12 g/t Au and 1.7
g/t Ag over 1.0 m
|
1.0
|
|
36.60
|
37.10
|
0.50
|
4.92
|
19.8
|
14.3 g/t Au and 41.1
g/t Ag over 1.8 m
|
1.7
|
|
37.10
|
37.90
|
0.80
|
0.05
|
0.7
|
|
37.90
|
38.40
|
0.50
|
46.50
|
127.0
|
|
40.30
|
44.30
|
4.00
|
|
|
Void
|
|
|
SA20-408
|
0.00
|
1.00
|
1.00
|
1.82
|
10.7
|
Historical
dump**
|
|
|
1.00
|
2.50
|
1.50
|
3.07
|
27.7
|
|
2.50
|
4.00
|
1.50
|
2.74
|
10.2
|
2.74 g/t Au and 10.2
g/t Ag over 1.5 m
|
1.4
|
|
8.40
|
9.00
|
0.60
|
20.70
|
19.9
|
20.7 g/t Au and 19.9
g/t Ag over 0.6 m
|
0.5
|
|
12.00
|
14.20
|
2.20
|
|
|
Void
|
|
|
18.30
|
19.10
|
0.80
|
7.61
|
14.1
|
7.61 g/t Au and 14.1
g/t Ag over 0.8 m
|
0.8
|
|
SA20-409
|
0.00
|
1.50
|
1.50
|
1.09
|
17.5
|
Historical
dump**
|
|
|
1.50
|
3.20
|
1.70
|
1.62
|
21.9
|
|
3.20
|
4.20
|
1.00
|
17.60
|
45.2
|
|
4.20
|
5.30
|
1.10
|
15.30
|
70.2
|
|
5.30
|
7.00
|
1.70
|
2.33
|
7.9
|
2.33 g/t Au and 7.9
g/t Ag over 1.7 m
|
1.1
|
|
20.00
|
20.60
|
0.60
|
11.60
|
16.7
|
11.6 g/t Au and 16.7
g/t Ag over 0.6 m
|
0.5
|
|
SA20-410
|
|
|
|
|
|
Results
Pending
|
|
|
SA19-411
|
35.90
|
36.70
|
0.80
|
8.73*
|
20.2
|
8.73 g/t Au and 20.2
g/t Ag over 0.8 m
|
0.7
|
|
SA19-412 to
414
|
|
|
|
|
|
Results
pending
|
|
|
SA19-415
|
37.70
|
38.30
|
0.60
|
7.45*
|
13.0
|
7.45 g/t Au and 13.0
g/t Ag over 0.6 m
|
0.5
|
|
41.30
|
42.30
|
1.00
|
6.39*
|
7.2
|
7.23 g/t Au and 9.2
g/t Ag over 5.8 m
|
5.0
|
|
42.30
|
43.20
|
0.90
|
0.19*
|
1.1
|
|
43.20
|
44.45
|
1.25
|
7.42*
|
5.4
|
|
44.45
|
45.10
|
0.65
|
2.98*
|
5.4
|
|
45.10
|
46.10
|
1.00
|
21.00*
|
30.2
|
|
46.10
|
47.10
|
1.00
|
3.18*
|
4.7
|
|
SA20-416
|
47.70
|
49.90
|
2.20
|
|
|
Void
|
|
|
49.90
|
50.70
|
0.80
|
13.00
|
9.7
|
6.59 g/t Au and 9.2
g/t Ag over 1.8 m
|
1.5
|
|
50.70
|
51.70
|
1.00
|
1.46
|
8.8
|
|
SA20-417
|
34.00
|
35.00
|
1.00
|
1.83
|
6.4
|
1.83 g/t Au and 6.4
g/t Ag over 1.0 m
|
0.9
|
|
38.00
|
38.50
|
0.50
|
23.40
|
65.0
|
13.23 g/t Au and 32.2
g/t Ag over 1.2 m
|
0.6
|
|
38.50
|
39.20
|
0.70
|
5.96
|
8.7
|
|
42.00
|
42.50
|
0.50
|
1.55
|
0.9
|
10.74 g/t Au and 12.8
g/t Ag over 2.4 m
|
1.8
|
|
42.50
|
43.50
|
1.00
|
1.32
|
0.6
|
|
43.50
|
44.40
|
0.90
|
26.30
|
33.0
|
|
SA20-418
|
34.40
|
35.40
|
1.00
|
121.80
|
177.0
|
69.99 g/t Au and
104.3 g/t Ag over 1.8 m
|
1.7
|
|
35.40
|
36.20
|
0.80
|
5.24
|
13.4
|
|
SA20-419 to
421
|
|
|
|
|
|
Results
pending
|
|
|
SA20-422
|
25.10
|
25.60
|
0.50
|
45.60
|
53.5
|
23.36 g/t Au and 30.3
g/t Ag over 1.0 m
|
0.8
|
|
25.60
|
26.10
|
0.50
|
1.11
|
7.0
|
|
SA20-423 to
425
|
|
|
|
|
|
Results
pending
|
|
|
SA20-426
|
0.00
|
1.50
|
1.50
|
0.73
|
1.4
|
Historical
dump**
|
|
|
1.50
|
3.00
|
1.50
|
1.96
|
2.7
|
|
3.00
|
4.50
|
1.50
|
28.10
|
32.1
|
|
4.50
|
6.00
|
1.50
|
7.20
|
27.4
|
|
SA20-427
|
0.00
|
2.00
|
2.00
|
2.35
|
6.8
|
Historical
dump**
|
|
|
2.00
|
3.00
|
1.00
|
2.51
|
33.7
|
|
3.00
|
4.00
|
1.00
|
16.70
|
21.0
|
|
4.00
|
5.40
|
1.40
|
6.53
|
35.5
|
|
5.40
|
6.10
|
0.70
|
8.46
|
45.8
|
|
6.10
|
6.75
|
0.65
|
5.43
|
29.7
|
|
SA20-428 to
449
|
|
|
|
|
|
Results
pending
|
|
|
SA20-450
|
26.10
|
27.35
|
1.25
|
3.16
|
5.2
|
12.54 g/t Au and
11.55 g/t Ag over 5.05 m
|
5.05
|
|
27.35
|
28.55
|
1.20
|
12.20
|
11.7
|
|
28.55
|
29.90
|
1.35
|
31.20
|
26.5
|
|
29.90
|
31.15
|
1.25
|
2.09
|
1.6
|
|
SA20-451 to
457
|
|
|
|
|
|
Results
pending
|
|
|
SA20-458
|
12.90
|
14.00
|
1.10
|
15.70
|
21.2
|
15.7 g/t Au and 21.2
g/t Ag over 1.1 m
|
1.1
|
|
SA20-459 to
460
|
|
|
|
|
|
Results
pending
|
|
|
SA20-461
|
0.00
|
0.65
|
0.65
|
2.43
|
5.7
|
2.43 g/t Au and 5.70
g/t Ag over 0.65 m
|
0.5
|
|
95.60
|
96.10
|
0.50
|
19.10
|
18.9
|
19.1 g/t Au and 18.9
g/t Ag over 0.5 m
|
0.4
|
|
SA20-462
|
0.10
|
1.10
|
1.00
|
2.52
|
1.7
|
Historical
dump**
|
|
|
93.50
|
94.40
|
0.90
|
13.80
|
8.8
|
19.4 g/t Au and 32.8
g/t Ag over 1.8 m
|
1.8
|
|
94.40
|
95.30
|
0.90
|
25.00
|
56.8
|
|
SA20-463
|
95.70
|
96.50
|
0.80
|
7.88
|
9.2
|
7.88 g/t Au and 9.2
g/t Ag over 0.8 m
|
|
|
SA20-464 to
465
|
|
|
|
|
|
Results
Pending
|
|
|
SA20-466
|
19.80
|
20.50
|
0.70
|
8.49
|
49.6
|
8.49 g/t Au and 49.6
g/t Ag over 0.7 m
|
0.4
|
|
SA20-467
|
35.40
|
35.90
|
0.50
|
8.20
|
8.9
|
8.20 g/t Au and 8.9
g/t Ag over 0.5 m
|
0.5
|
|
SA20-468
|
|
|
|
|
|
Results
pending
|
|
|
SA20-469
|
44.00
|
44.70
|
0.70
|
13.20
|
8.9
|
13.20 g/t Au and 8.9
g/t Ag over 0.7 m
|
0.6
|
|
SA20-470
|
40.10
|
40.70
|
0.60
|
28.50
|
37.7
|
28.50 g/t Au and
37.70 g/t Ag over 0.60 m
|
0.4
|
|
SA20-471
|
35.40
|
36.30
|
0.90
|
4.85
|
4.3
|
47.89 g/t Au and
23.38 g/t Ag over 2.55 m
|
2.1
|
|
36.30
|
37.20
|
0.90
|
17.50
|
10.1
|
|
37.20
|
37.95
|
0.75
|
136.00
|
62.2
|
|
SA20-472
|
28.65
|
29.80
|
1.15
|
24.60
|
10.0
|
24.60 g/t Au and 10.0
g/t Ag over 1.15 m
|
1.1
|
|
SA20-473
|
24.40
|
26.80
|
2.40
|
|
|
Void
|
|
|
SA20-474 to
480
|
|
|
|
|
|
Results
pending
|
|
|
SA20-481
|
|
|
|
|
|
No significant
results
|
|
|
SA20-482
|
|
|
|
|
|
Results
pending
|
|
|
SA20-483
|
|
|
|
|
|
No significant
results
|
|
|
SA20-484 to
491
|
|
|
|
|
|
Results
pending
|
|
|
SA20-492
|
36.40
|
37.30
|
0.90
|
8.33
|
8.9
|
8.33 g/t Au and 8.9
g/t Ag over 0.9 m
|
0.7
|
|
SA20-493
|
29.90
|
30.40
|
0.50
|
28.30
|
36.4
|
28.30 g/t Au and 36.4
g/t Ag over 0.5 m
|
0.4
|
|
SA20-494
|
25.20
|
25.70
|
0.50
|
6.22
|
41.8
|
6.22 g/t Au and 41.8
g/t Ag over 0.5 m
|
0.4
|
|
SA20-495
|
19.40
|
20.10
|
0.70
|
12.70
|
33.5
|
12.7 g/t Au and 33.5
g/t Ag over 0.7 m
|
0.7
|
|
SA20-496 to
509
|
|
|
|
|
|
Results
pending
|
|
The mineralized intervals shown above utilize a 1.0 g/t
gold cut-off grade with not more than 1.0 meter of internal
dilution. * Indicates use of metallic screening method for assays.
** Historical dump is interpreted to be "waste" material from the
mining operations during the period 1870-1920 and possibly during
Spanish times. The grade and distribution of Historical dump
material can be erratic and unpredictable. *** True width is
estimated from interpreted sections.
Sampling, Assaying, QA/QC and Data
Verification
The entire mineralized interval was sampled, including
hanging wall and footwall zones until no mineralization was
observed in the core. Sample intervals were typically one
meter. Drill core diameter was HQ (6.35 centimeters).
Geologic and geotechnical data was captured into a digital
database, core was photographed, then one-half split of the core
was collected for analysis and one-half was retained in the core
library. Samples were kept in a secured logging and storage
facility until such time that they were delivered to the
Managua facilities of Bureau
Veritas and pulps were sent to the Bureau Veritas laboratory in
Vancouver for analysis. Gold
was analyzed by standard fire assay fusion, 30gram aliquot, AAS
finish. Samples returning over 10.0 g/t gold are analyzed
utilizing standard Fire Assay-Gravimetric method. Due to the
presence of coarse gold, the Company has used 500-gram metallic
screened gold assays for analyzing samples from mineralized veins
and samples immediately above and below drilled veins. This
method, which analyzes a larger sample, can be more precise in
high-grade vein systems containing coarse gold. All reported drill
results in this press release used the standard Fire
Assay-Gravimetric method unless otherwise indicated as using the
metallic screening method. The Company follows industry
standards in its QA&QC procedures. Control samples consisting
of duplicates, standards, and blanks were inserted into the sample
stream at a ratio of 1 control sample per every 10 samples.
Analytical results of control samples confirmed reliability of the
assay data.
Qualified Person
John M. Kowalchuk, P.Geo, a
geologist and qualified person (as defined under National
Instrument 43-101) has read and approved the technical
information contained in this press release. Mr. Kowalchuk is a
senior geologist and a consultant to the Company.
On behalf of the Board,
Akiba
Leisman
CEO
About Mako
Mako Mining Corp. is a publicly listed gold mining,
development and exploration firm. The Company is developing its
high-grade San Albino gold project in Nueva
Segovia, Nicaragua. Mako's
primary objective is to bring San Albino into production quickly
and efficiently, while continuing exploration of prospective
targets in Nicaragua.
Forward-Looking Statements:
Statements contained herein, other than of
historical fact, may be considered "forward-looking information"
within the meaning of applicable securities laws. Forward-looking
information is based on certain expectations and assumptions,
including that the results from the Company's exploration and
in-fill drilling programs will be as anticipated; that the
Porcelana-style mineralization discovered is anticipated to have a
material impact on the economics of the San Albino gold project;
that the Company will be able to successfully adjust its mine plan
to 500 tonnes per day based on all anticipated successful drilling
results; that the geological model will
continue to yield highly predicable results;
that MDA will be able to prepare an updated resource
estimate for San Albino in late in Q3 2020 based on assay data
received through the end of this month; the MDA, in evaluating the
exploration work being performed at Conchitas area, will be able to
prepare a maiden mineral resource estimate for the Las Conchitas
area in the future; that the results in this press release and over
the past year are some of the highest grade results for any open
pit project globally; that the previously unmodelled fault in the
San Albino area that brought the zone approximately 37 m closer to the surface than projected will
have positive implications, allowing the pit to extend further to
the northwest to access this shallower gold bearing mineralization;
that the Company will be able to bring San Albino into
production quickly and efficiently while continuing
exploration of prospective targets in Nicaragua, such as the Las Conchitas
area; that although the Company's production
decision at its San Albino project is not based on a technical
study supporting mineral reserves, and therefore not based on
demonstrated economic viability, that the Company will be
successful in any proposed financing plans necessary for the
construction at the San Albino project. and such other risk factors
as outlined in the continuous disclosure documents of the Company
filed on SEDAR at www.sedar.com. Such forward-looking
information is subject to a variety of risks and uncertainties
which could cause actual events or results to differ materially
from those reflected in the forward-looking information, including,
without limitation, the risks that additional satisfactory
exploration and drilling results at San Albino will not be
obtained; that MDA will not be successful in producing an updated
resource estimate at San Albino in Q3 2020; that MDA will not be
able to produce a maiden resource estimate at the Las Conchitas
area in the future; that the results at San Albino prove not to be
some of the highest grade results of any open pit project globally;
that the unmodelled fault in the San Albino area that brought the
zone closer to surface than projected will have positive
implications for extending the pit; that the PEA is preliminary in
nature and there is no certainty that the PEA will be realized; the
risk of economic and/or technical failure at the San Albino project
associated with basing a production decision on the PEA without
demonstrated economic and technical viability; that exploration
results will not translate into the discovery of an economically
viable deposit; risks and uncertainties relating to political risks
involving the Company's exploration and development of mineral
properties interests; the inherent uncertainty of cost estimates
and the potential for unexpected costs and expense; commodity price
fluctuations, the inability or failure to obtain adequate financing
on a timely basis and other risks and uncertainties. Such
information contained herein represents management's best judgment
as of the date hereof, based on information currently available and
is included for the purposes of providing investors with the
Company's plans and expectations at its San Albino project and its
Las Conchitas exploration area, and may not be appropriate for
other purposes. Mako does not undertake to update any
forward-looking information, except in accordance with applicable
securities laws.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Mako Mining Corp.