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Mako Mining Corp.
Summary
| Project: | San Albino | |
|---|---|---|
| Deposit: | Las Conchitas | |
| Location: | Nicaragua | |
| Commodities: | Gold-Silver | |
| Date: | 3/25/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-3-2020: Mako Mining Corp. announces an Exploration/Drilling Update report for its Las Conchitas deposit at the San Albino project. Drilling results incl. 1.6m @ 84.64g/t Au, 80.2g/t Ag from 91.65m. Mako Mining Corp. (TSX-V: MKO; OTCQB: MAKOF) (“Mako” o | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John M. 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 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 148 shallow drill holes totaling 11,450.1 meters (“m”) within the Las Conchitas area. This press release includes six holes with assay results from the Bayacun Zone (see attached map). All six holes intersected gold-bearing structures at the predicted locations, confirming both lateral and vertical continuity. Importantly, five of the six holes intersected gold grades in excess of 23 g/t Au as highlighted below (ranked by grade x thickness). | |
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