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Mako Mining Corp.
Summary
| Project: | San Albino-Murra | |
|---|---|---|
| Deposit: | Las Conchitas | |
| Location: | Nicaragua | |
| Commodities: | Gold | |
| Date: | 6/15/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 15-6-2020: Mako Mining Corp. announces an Exploration/Drilling Update report for its Las Conchitas deposit at the San Albino-Murra project. Drilling results incl. 5.5m @ 23.11g/t Au, 20.5g/t Ag from 22.5m. Mako Mining Corp. (TSX-V: MKO; OTCQB: MAKOF) (“Ma | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report] John Kowalchuk (Not stated) | |
| ABSTRACT: | Mako Mining Corp. (TSX-V: MKO; OTCQB: MAKOF) (“Mako” or the “Company”) 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, 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 estimate. Since 2019, the Company has completed 65 shallow diamond drill holes totaling 4,351.70 meters (“m”) within the Bayacun Zone, which is among the most promising zones within the Las Conchitas area. A total of 15,052.75 m within 197 holes have been drilled at Las Conchitas since the start of the 2019-20 drilling campaign. This press release includes 23 holes with assay results from the Bayacun Zone (see attached map). Additionally, the Company has previously released assay results from 15 holes from the Bayacun Zone (see press preleases dated September 10, 2019, March 11, 2020 and March 25, 2020). A breakdown of the 38 holes reported to date are as follows: | |
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