Mako Mining Corp. is a publicly listed gold mining, development and exploration firm. The Company is developing its high-grade San Albino gold project in Nueva Segovia, Nicaragua. 

Mako Mining is now in commercial production at a 500t/day mine which is the highest grade open pit mine globally. They have been processing 0.5oz material since 12th May when they started putting this high grade material through the plant. 

The company is now in cash flow and the objective is to use that cash to explore for further near mine deposits.  They will be starting a resource delineation programme and by the first half of next year they plan to develop a resource at their most advanced satellite project in Los Conchitos. They plan to be mining at Los Conchitos and San Albino, the current mine, at 1000t/day by the end of 2022. 

Mako Mining thinks they are drilling on an orogenic gold mining district and this summer they will be putting holes outside the main Los Conchitos and San Albino area. They have already had a plethora of good results across the 180km2 land package which show similar veins with very similar multi-ounce grades as far away from the mine as 21km.

Mako has done a lot of prospecting work on the remaining 188km2 land package and they have picked up another concession in February 2020 called La Segoviana and found 40g material in situ. There is potential to find a series of these deposits and Mako has well in excess of 200 targets which have been prospected with grades over 10g. Mako is planning a geo-chemical survey and a drill programme to continue their exploration which will be self funded by mine cash flow.