Mako Mining Corp. (TSXV: MKO) announced today assay results from its ongoing expansion drilling at the San Albino mine. The results highlight an intersect of 22.2 g/t gold over 3.3 metres estimated true width.
The drill program is aimed at expanding the current open-pit mineral resources down-dip and along strike at the west pit, as well as delineating new mineral resources in the southwest pit.
Highlights of the assay results reported include:
- SA21-552 (west pit): 22.20 g/t gold and 23.1 g/t silver over 3.3 metres estimated true width
- SA21-536 (southwest pit): 31.70 g/t gold and 39.2 g/t silver over 1.5 metres estimated true width
The firm said it still has 23 drill holes pending results, 13 of which were reported to have drilled visible gold. Currently, there are four drill rigs operational at the property with additional two rigs set to arrive later in the week.
In January 2022, the company reported its Q4 2021 production results, highlighting a gold production of 12,251 ounces.
Mako Mining last traded at $0.31 on the TSX Venture.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
