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Mako Mining Corp.
Summary
| Project: | San Albino | |
|---|---|---|
| Deposit: | Las Conchitas | |
| Location: | Nicaragua | |
| Commodities: | Gold-Silver | |
| Date: | 3/11/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-3-2020: Mako Mining Corp. announces an Exploration/Drilling Update report for its Las Conchitas deposit at the San Albino project. Drilling results incl. 3.4m @ 30.61g/t Au, 37.1g/t Ag from 67.7m. Mako Mining Corp. (TSX-V: MKO) (“Mako” or the “Company” | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John M. Kowalchuk (Not stated) | |
| ABSTRACT: | Mako Mining Corp. (TSX-V: MKO) (“Mako” or the “Company”) 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. The Las Conchitas area is located approximately 2.5 kilometers south of the fully permitted San Albino gold project currently under construction. The goal of the 2020 drill program at Las Conchitas is to focus on the most promising zones of near surface, shallow dipping, high-grade gold mineralization in order to delineate a maiden resource. Since 2019, the Company has completed 134 shallow drill holes totaling 10,644.20 meters (“m”) within the Las Conchitas area (see the attached map). The highest grade intervals reported in this press release come from drill holes LC20-165 and LC20-162. Both holes are located in the Bayacun Zone, which was discovered by Mako in 2019 (see press release dated September 10, 2019), and is located towards the southern end of the Las Conchitas area, approximately 4 kilometers south of the processing plant currently under construction at San Albino. | |
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