Tag: Mako Mining Corp.

Mako Mining released positive infill and expansion drill results from the San Albino zone within its 100%-owned San Albino Project in Nicaragua. Mako reported assays for 14 holes which in our view, increase confidence in our modelled resource grade and tonnage, while at the same time point to the potential for expanded West Pit limits. In our view, we expect the share price to re-rate as continued exploration success builds momentum towards a first gold pour in Q1/21.

Mako Mining released drill results from its infill drilling program at the San Albino zone within its 100%-owned San Albino Project in Nicaragua. Mako reported assays for 156 holes which in our view, increase confidence in our modelled resource grade and tonnage, while at the same time point to the potential for higher grades. In our view, we expect the share price to re-rate as continued exploration success builds momentum towards a first gold pour in Q4/20.

Mako Mining released more positive drill results from the Arras zone within its 100%-owned San Albino-Murra property in Nicaragua. Mako reported assays for 28 holes from its 2019-20 program designed to identify shallow mineralization that could be brought forward in the mine plan and improve project economics. These results continue to support our investment thesis that ongoing exploration success coupled with first production in Q4/20 should drive valuation.

Mako Mining released another batch of positive drill results from the Las Conchitas area of its 100%-owned San Albino-Murra property in Nicaragua. The company reported assays for six holes (~537m) out of its 81 hole, ~6,000m shallow drill program. We believe that these results continue to support the scope of the Las Conchitas area and suggest our grade and size estimates could have room to grow. We continue to believe that Mako’s stock will re-rate with both ongoing exploration success and first production in Q4/2020.