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Mako Mining Corp.
Summary
| Project: | San Albino | |
|---|---|---|
| Deposit: | Las Dolores Zone | |
| Location: | Nicaragua | |
| Commodities: | Gold-Silver | |
| Date: | 7/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-7-2019: Mako Mining Corp. announces an Exploration/Drilling Update report for its Las Dolores Zone deposit at the San Albino project. Drilling results incl. 4.10m @ 9.00g/t Au, 19.3g/t Ag. Mako Mining Corp. (TSX-V: MKO) (“Mako” or the “Company”) is ple | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Kowalchuk (Not stated) | |
| ABSTRACT: | Mako Mining Corp. (TSX-V: MKO) (“Mako” or the “Company”) is pleased to announce positive drill results from the Las Dolores Zone within the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia, Nicaragua. The goal of the 2019 drill program at the Las Dolores Zone was to confirm and extend the near surface, high-grade mineralized shoot previously encountered in trenches and drill holes. The Company has completed eight shallow drill holes totaling 369.75 meters (“m”) within the Las Dolores Zone in 2019 (see the attached map). The Las Dolores Zone is located approximately 250 m southeast from the Mango Zone, where the Company intersected the highest gold grade drilled to date of 376.49 g/t Au over 1 m (see press release dated May 6, 2019). Specifically, the 2019 drilling at the Las Dolores Zone was focused on testing the mineralization encountered in hole LD18-43, which intersected 16.48 g/t Au and 27.7 g/t Ag over 6.1 m in the widest high-grade gold mineralization drilled to date within the entire Las Conchitas area (see press release dated November 28, 2018). The five holes reported in the table below successfully tested the strike and dip extension of the mineralization from hole LD18-43, including 9.00 g/t Au and 19.3 g/t Ag over 4.1 m in hole LC19-85 (see table below and attached cross section). Located only 2.5 kilometers south of the Company’s San Albino gold project and bordering the El Jicaro Concession to the south (see attached map), the Las Dolores Zone hosts near surface high-grade mineralization in a geological setting similar to that of the San Albino Gold Deposit. The Las Dolores Zone remains open along strike and down dip. | |
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