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.