Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins me for a comprehensive review of all 4 company Projects, on an operational, developmental and exploration perspective. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua. Mako owns the Moss Mine, an open pit gold mine in northwestern Arizona, which is ramping up into commercial production. Mako now controls the permitted development-stage Mt. Hamilton Gold-Silver Project located in White Pine County, Nevada, USA. Mako also holds a 100% interest in the development-stage Eagle Mountain Project in Guyana, South America.
Q1 2026 San Albino Operational Highlights:
- 50,233 tonnes mined, containing 12,538 ounces (“oz”) of gold (“Au”) at an average grade of 7.76 grams per tonne (“g/t”) Au and 12,460 oz of silver (“Ag”) at 7.71 g/t Ag
- 53,638 tonnes milled containing 13,277 oz Au and 13,274 oz Ag grading 7.70 g/t Au and 7.70 g/t Ag
- At quarter end, the stockpile was estimated at 124,350 tonnes at an average grade of 2.65 g/t Au for contained Au of 10,558 oz
Q1 2026 Mako Financial Highlights
- Mako total gold sales of 13,721 oz Au for total revenue of $68.6 million in Q1 2026
- San Albino Mine sales of 10,398 oz Au at $4,901(2) per ounce
- Moss Mine sales of 3,323 oz Au at $4,912 per ounce
- Delivered 274 oz Au in connection with gold stream related to the purchase of the Mt. Hamilton Project
- Cash balance and trade receivables of $96.1 million as of March 31st, 2026, after a previously accrued 2025 $13.2 million annual tax payable was paid
We went on to review all the ongoing exploration work at San Albino, the development progress on tap for 2026 at the Moss Mine and at Mt Hamilton, and the permitting progress at Eagle Mountain.
If you have any further questions for Akiba regarding Mako Mining, then please email them into me at Shad@kereport.com.
- In full disclosure, Shad is a shareholder of Mako Mining at the time of this recording and may choose to buy or sell more shares at any time.
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