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Mako Mining Corp.
Summary
| Project: | San Albino | |
|---|---|---|
| Deposit: | San Albino | |
| Location: | Nicaragua | |
| Commodities: | Gold-Silver | |
| Date: | 5/6/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-5-2019: Mako Mining Corp. announces an Exploration/Drilling Update report for its San Albino deposit at the San Albino project. Drilling results incl. 1m @ 376.49g/t Au, 103.0g/t Ag. "Company") is pleased to announce positive drill results from the Las | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Kowalchuk (Independent) | |
| ABSTRACT: | "Company") is pleased to announce positive drill results from the Las Conchitas area of its whollyowned San Albino-Murra property located in Nueva Segovia, Nicaragua. The Company has completed 14 shallow drill holes within the Mango Zone, totaling 827.30 meters ("m"). The results from the first five drill holes of the program are presented in the first table below. Results from the remaining nine drill holes are pending. The Mango Zone is part of the Las Conchitas area and is located approximately 2.5 kilometers south of the fully-permitted San Albino gold project. The objective of the drilling program at the Mango Zone was to confirm the strike and dip continuity of a gold mineralized low angle quartz vein encountered in the 2011 drilling campaign (results from 2011 are shown in the second table below). The results reported in this press release confirm a near surface, high-grade zone with a dip continuity of 400 m and a strike continuity of 150 m. The zone is open along strike and down dip. Importantly, drill hole LC19-70 intersected the highest gold grade drilled to date of 376.49 g/t Au over 1 m. This interval had visible gold and was approximately 70 m from drill hole LC11-01, which intersected 69.96 g/t Au over 3 m. The mineralized intercepts at LC19-70 and LC11-01 were less than 40 m from surface. | |
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