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Mako Mining – Optimizing Gold Production Output At The San Albino Mine And High-Grade Drill Results

Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins us to review the first year of optimizing production output at the San Albino Gold Mine in northern Nicaragua, along with an exploration update at a number of nearby and regional targets.   We start off getting Akiba to outline how the operations and engineering teams are continuing to fine tune the CIL circuits for better metals recovery, how the production profile will be expanding from 500 tpd to 1000 tpd by increasing the milling capacity, and how the company is continuing to reconcile the high-grade 16 g/t vein material and blending it with the historical at surface stockpiled material.   

 

Next, we have him discuss where the main areas of growth will be coming from at San Albino, with the plan to essentially double production output over the next 1-2 years, and could see higher grade material being brought into the mine plan now that the debottlenecking has been completed.  We wrap up with some recent drill results released nearby the San Albino West Pit operations, with intercepts of 42.91 g/t Au over 4.50m in hole SA22-615, 34.35 g/t Au over 2.80m in hole SA22-546, and 21.21 g/t Au over 2.00m in hole SA22-609.  There are 2 drill rigs operating in this area, as well as 4 drill rigs turning at the Las Conchitas target, and 1 rig turning at regional targets like La Segoviana and Porta Rios, with more results to be reported as the year unfolds.

 

If you have any questions for Akiba about Mako Mining, then please email us at either Fleck@kereport.com or Shad@kerport.com.

 

 

Click here for a summary of the recent news out of the Company.

Discussion
3 Comments
    Jul 06, 2022 06:23 PM

    A major Depression is underway, and unlike 1929, America has too much debt, too much government, and too many inept leaders. In 1928-9 America had Calvin Coolidge and Herbert Hoover, now they have a fiat currency that isn’t backed with Gold, and Joe Biden, and Kamala Harris. There isn’t a man or a woman whose attitude toward life hasn’t been changed by The Great Reset. I don’t think Americans or The West can handle this new order we have brought upon ourselves. DT

    Jul 06, 2022 06:50 PM

    I still have hope that the the US will pull Canada out of this nonsense. The depression is in the cards, but Americans I think will change politically and force their politicians to act in national interest. Europe will collapse first which will make North Americans sour on the WEF. IMO

    Jul 06, 2022 06:40 PM

    U.S. Faces Major Reckoning; No Easy Way Out After Years of QE Warns Rick Rule

    Stansberry Research – Jul 1, 2022

    “The United States is, “facing a reckoning from quantitative easing,” says founder and CEO of Rule Investment Media, Rick Rule. “I have a very difficult time seeing an easy way out of this, with 40 years of low inflation, low interest rates and economic growth,” he details to our Daniela Cambone. He concludes that, “the U.S. is less of a power than it was 20 years ago,” and we will have to accommodate other cultures as a shift in global power moving forward.”

    https://youtu.be/pthq3ruVScI