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 in Arizona, 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.

Initially we review the San Albino Q4 operations and preliminary financial results for the company.  San Albino ranks as one of the highest-grade open pit gold mines globally and this is translating over to great revenues in light of the higher metals prices.  Akiba pointed out that Q4 was the strongest quarter of the year, and that December was the strongest month operationally thus far.   Additionally, we discuss all the district-scale exploration potential and multiple drill rigs turning around the mine and across the land concession.

Q4 2025 San Albino Operational Highlights

Q4 2025 Mako Financial Highlights

We spent some time unpacking the ramp-up of production at the Moss Mine, in Arizona; where  Akiba reviewed some of the historic operational bottlenecks and site layout challenges that their team has overcome or has a process in place to address with regards to coming permits. As higher-grade portions of the mine are accessed, it will keep bringing costs down and improving output as the year progresses.

The Mt. Hamilton Project has all major state and federal permits to allow construction of an open pit, heap leach gold-silver project, and has a current mineral resource estimate with an effective date of September 23, 2025. We discuss the related-party transaction involving Sailfish Royalty Corp, some of the ongoing ‘pre-construction’ work, which is setting them up for full-on ‘construction’ work this April, with an eye to first production in Q2 2027.

Additionally, we discussed the 2nd layer of mineralization and value proposition of the Mt Hamilton Project, which also hosts a tungsten/copper/molybdenum target, located below and is independent of the gold and silver Mt. Hamilton MRE. This tungsten target has been defined by over 100,000 ft of historical exploration drilling, and may animate the US government to assist with future development.

Wrapping up, we delve into the next key steps for permitting and development work at the Eagle Mountain Gold Project in Guyana along with the resource size, low capex intensity, and impressive production profile of around 60,000 ounces per year.  This will be a 2-phase development process, starting in the Saprolite mineralization for the first 3-4 years, and is set to be in construction in late 2027 and in production by H2 of 2028.

If you have any further questions for Akiba regarding Mako Mining, then please email them into me at  [email protected].

Click here for a summary of the recent news out of Mako Mining.

For more market commentary & interview summaries, subscribe to our Substacks:

The KE Report: https://kereport.substack.com/

Shad’s resource market commentary: https://excelsiorprosperity.substack.com/

Investment disclaimer:

This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.