Basilica of San Albino

Mako Mining Intersects 98.50 g/t Au and 66.3 g/t Ag over 1.9m (Estimated True Width) 39m from Surface at the San Albino SW Pit

Retrieved on: 
Thursday, January 5, 2023
Diamond, QC, Sample, NI, ETW, Gold, Mining, AAS, Bureau Veritas, NW, MKO, HQ, Fire, Road, Printed circuit board, Basilica of San Albino

Recent drilling has focused on near surface, high grade gold mineralization in the SW Pit area within and proximal to the currently permitted pit limits.

Key Points: 
  • Recent drilling has focused on near surface, high grade gold mineralization in the SW Pit area within and proximal to the currently permitted pit limits.
  • In 2022, a total of 16,472m in 126 drill holes have been completed in the SW Pit area.
  • Highlights of selected intercepts of the high-grade gold mineralization include:
    Akiba Leisman, CEO of Mako states: "the SW Pit is shaping up to be a shallow, high-grade zone within 50-100 m of the mining operations at San Albino.
  • Eight diamond drill holes were completed, three drill holes intersected mineralized intervals above an internal cutoff grade (1.0 g/t Au).

Mako Mining Provides Q3 2022 Financial Results and Corporate Update

Retrieved on: 
Wednesday, November 30, 2022
Growth, EO, Judgement, Adjustment, EBITDA, Estimation, DGM, OFAC, Multimedia, La Conchita, California, E&E, G&A, Office of Foreign Assets Control, TSX Venture Exchange, Working capital, NI, Resource management, United States Department of the Treasury, Treasury, Government, Net, Department of the Treasury, National instrument, Gold, Mako, MD, General Directorate for National Roads and Highways, SEDAR, Rehabilitation, Tax, Mining, Technical report, Executive order, OCF, Exploration, Depreciation, Bank, Bookkeeping, Audit, Insurance, Risk management, Cryptocurrency, Security (finance), Life insurance, AISC, Q3, Basilica of San Albino

Akiba Leisman, Chief Executive Officer, states that "Q3 2022 was the fifth full quarter of financial results since declaring commercial production at San Albino.

Key Points: 
  • Akiba Leisman, Chief Executive Officer, states that "Q3 2022 was the fifth full quarter of financial results since declaring commercial production at San Albino.
  • Additionally, the Company expects a significant reduction in AISC, higher net income and record gold sales in Q4 2022."
  • A portion of that published mineral resource formed the basis of our non-cash depletion and depreciation calculation through Q3 2022.
  • Mako does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Sailfish Reports Q3 2022 Results

Retrieved on: 
Wednesday, November 16, 2022
TSX, NSR, News, SEDAR, Legislation, Forward-looking statement, TSX Venture Exchange, Gold, Analysis, View, Company, Multimedia, OTCQX, Bank, Online shopping, Basilica of San Albino, Sailfish

Subsequent to Q3 2022 Activity:

Key Points: 
  • Subsequent to Q3 2022 Activity:
    On October 14, 2022, the Company paid a dividend of $0.0125 per common share.
  • Subsequent to September 30, 2022, Sailfish purchased 299,000 common shares on-market which have not been cancelled.
  • In addition to the above, the Company cancelled 448,600 common shares subsequent to September 30, 2022.
  • On November 11, 2022, Barnwell Investments LLC notified the Company that they will be no longer participating in the Proposed Transaction.

Mako Mining On Track For Record Q4 Gold Sales, Announces Plant Capacity Expansion to 600tpd With No Additional Capex and Provides Corporate Update

Retrieved on: 
Wednesday, November 16, 2022
AISC, Board, Basilica of San Albino, Estimation, News, SEDAR, Income, TSX Venture Exchange, Judgement, Management, Resource management, Technical report, Depreciation, Gold, Analysis, Mission statement, View, Company, NI, MKO, Multimedia, Mining, National instrument, Conversation, Risk, Financial result, La Conchita, California, Rosario Mining Company, Renewable energy, Cryptocurrency, Risk management, Security (finance), BC

The Company is pleased to announce that the plant is now operating significantly above nameplate capacity, with recoveries at expected levels.

Key Points: 
  • The Company is pleased to announce that the plant is now operating significantly above nameplate capacity, with recoveries at expected levels.
  • The Company sold a total of 5,455 ounces of gold in the first half of Q4 2022 (from October 1st through November 15th), putting the Company on track for record gold sales in Q4 2022.
  • By the end of the quarter, Mako expects to be operating at 600 tpd with no additional capex and minimal recovery losses.
  • Akiba Leisman, Chief Executive Officer of Mako states that, "Q4 is starting out very strong, and we now expect record gold sales at San Albino.

Sailfish Provides Update on its San Albino Gold Stream and Royalty

Retrieved on: 
Monday, October 31, 2022
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Paolo Lostritto, Chief Executive Officer of Sailfish states that, "To date, there has been no material impact on our Nicaraguan stream.

Key Points: 
  • Paolo Lostritto, Chief Executive Officer of Sailfish states that, "To date, there has been no material impact on our Nicaraguan stream.
  • We will continue to monitor the situation to ensure that we comply with all applicable legal and regulatory requirements.
  • Within Sailfish's portfolio are two main assets in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold mine (~3.5 sq.
  • km) surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the multi-million ounce Spring Valley gold project in Pershing County, Nevada.

MAKO MINING PROVIDES UPDATE ON ITS SAN ALBINO OPERATION IN NICARAGUA

Retrieved on: 
Monday, October 31, 2022
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Akiba Leisman, CEO of Mako states that "we are committed to Nicaragua and the growth of our San Albino mining operations.

Key Points: 
  • Akiba Leisman, CEO of Mako states that "we are committed to Nicaragua and the growth of our San Albino mining operations.
  • On behalf of the Board,
    Mako Mining Corp. is a publicly listed gold mining, development and exploration company.
  • The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally.
  • Mako's primary objective is to operate San Albino profitably and fund exploration of prospective targets on its district-scale land package.

Mako Mining Intersects 42.59 g/t Au over 2.1 m (Estimated True Width) at Las Conchitas North, 25.07 g/t Au over 2.2 m (ETW) at Las Conchitas Central and 65.45 g/t Au over 1.8 m (ETW) at Las Conchitas South

Retrieved on: 
Monday, October 24, 2022
MKO, Basilica of San Albino, MF, Risk, LAS, Cruz Grande, Cruz, AG, Depression, Program, Judgement, Multimedia, Gold, Fire, Company, US, AAS, Board, CEO, QC, Vein, NI, Failure, ETW, Bureau Veritas, Mining, Road, Printed circuit board, Crucita Calabaza, BC, Intermediate

The Las Conchitas area is located immediately south of the San Albino Mine which is currently in commercial production.

Key Points: 
  • The Las Conchitas area is located immediately south of the San Albino Mine which is currently in commercial production.
  • Las Conchitas comprises an area of approximately 3.75 km2 and is subdivided into three primary areas: Las Conchitas North ("LC-N"), Las Conchitas Central ("LC-C") and Las Conchitas South ("LC-S").
  • Drill hole LC22-558 intersected an interval 20.30 g/t Au and 55.8 g/t Ag over 2.00 m (1.9 m ETW), only 5 m from surface.
  • Mako's primary objective is to operate San Albino profitably and fund exploration of prospective targets on its district-scale land package.

Mako Mining Provides Q3 2022 Production Results

Retrieved on: 
Friday, October 21, 2022
MKO, Mining, Basilica of San Albino, Risk, Carbon, Judgement, Multimedia, CIL, Company, Financial result, TSX Venture Exchange, Board, View, Gold, NI, Sailfish, SEDAR, Asphalt, Earthworks (engineering), Security (finance), BC, Q4, Q3

VANCOUVER, BC, Oct. 21, 2022 /PRNewswire/ -Mako Mining Corp.(TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company")is pleased to provide third quarter 2022 ("Q3 2022") production results from its San Albino gold mine ("San Albino") in northern Nicaragua, which is the fifth full quarter of production results since declaring commercial production on July 1, 2021.

Key Points: 
  • VANCOUVER, BC, Oct. 21, 2022 /PRNewswire/ -Mako Mining Corp.(TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company")is pleased to provide third quarter 2022 ("Q3 2022") production results from its San Albino gold mine ("San Albino") in northern Nicaragua, which is the fifth full quarter of production results since declaring commercial production on July 1, 2021.
  • Financial results for Q3 2022, including detailed reporting of our operating costs, are expected to be released in November.
  • 56% and 44% from diluted vein and historical dump and other, respectively
    77.0% gold recoveries for all of Q3 2022 and 86.4% gold recoveries after improvements made since August 10, 2022
    Akiba Leisman, Chief Executive Officer of Mako states that, "Q3 2022 was a tale of two halves.
  • On behalf of the Board,
    Mako Mining Corp. is a publicly listed gold mining, development and exploration company.

Mako Mining Intersects 36.65 g/t Au and 29.5 g/t Ag over 3.1m (Estimated True Width) at the SW Pit

Retrieved on: 
Thursday, October 13, 2022
MKO, Risk, Technical report, HQ, Program, Judgement, Multimedia, Gold, Fire, Company, Mining, TSX Venture Exchange, Board, AAS, CEO, SW, QC, NI, ETW, Bureau Veritas, View, SEDAR, Road, Uranium, Printed circuit board, Basilica of San Albino, BC

In 2022, a total of 13,284 m in 99 drill holes have been completed at the SW Pit.

Key Points: 
  • In 2022, a total of 13,284 m in 99 drill holes have been completed at the SW Pit.
  • Comprehensive drilling and detailed mapping of the area have identified multi-stage deformation events, with the latest represented by northeast to southwest faulting.
  • All intercepts are close to current infrastructure, and in some cases closer to the plant than where we are mining now.
  • Mako does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Sailfish Announces Board and Management Changes

Retrieved on: 
Monday, September 12, 2022
National bank, Mining, Research, University, Regulation and licensure in engineering, Company, Toronto, OTCQX, Gold, TSX Venture Exchange, Rock mechanics, TD Securities, CEO, National Bank of Canada, Scotiabank, Mineral, Corporate development, Multimedia, NSR, View, TD, Management, Security (finance), Online shopping, Basilica of San Albino, Sailfish

Mr. Lostritto joined Sailfish in March 2021 as Vice President of Corporate Development.

Key Points: 
  • Mr. Lostritto joined Sailfish in March 2021 as Vice President of Corporate Development.
  • Mr. Gonzalez co-founded Sailfish in 2014 with Akiba Leisman, Executive Chairman of the Company.
  • I look forward to working with Paolo and the rest of the Sailfish team as a consultant to continue growing the Company."
  • Sailfish is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQX under the symbol "SROYF".