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Mako Mining Commences Processing of Stockpiled Material at San Albino, Announces a 50,000 Meter Drilling Program, Appoints a New Chief Financial Officer and Signs a Definitive Agreement to Sell its Mexican Operations
Mako Mining Commences Processing of Stockpiled Material at San Albino, Announces a 50,000...
About this update from Mako Mining Corp.
[{"type":"text","content":"\n \n \n \n Mako Mining Commences Processing of Stockpiled Material at San Albino, Announces a 50,000 Meter Drilling Program, Appoints a New Chief Financial Officer and Signs a Definitive Agreement to Sell its Mexican Operations\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n TSX-V: MKO; OTCQX: MAKOF\n \n \n \n VANCOUVER, BC\n \n ,\n \n Feb. 1, 2021\n \n /CNW/ -\n \n Mako Mining Corp.\n \n (TSX-V: MKO) (OTCQX: MAKOF) (\"Mako\" or the \"Company\") is pleased to announce the commencement of processing of stockpiled material at the San Albino gold project (\"San Albino\") in northern\n \n Nicaragua\n \n , the initiation of a 50,000 meter drilling program across the Company's district-scale land package and the appointment of a new Chief Financial Officer (\"CFO\") and Corporate Secretary.\n \n \n \n \n \n \n \n \n \n \n Akiba Leisman\n \n , Chief Executive Officer of Mako states that, \"This is an exciting time for Mako as we begin processing stockpiled material and launch the first drilling program that includes exploration targets that have never been drill tested.  The key objectives in 2021 are to ramp up operations at San Albino, complete resource delineation drilling at Las Conchitas, which is expected to  form the basis of a maiden resource early next year, and to begin regional exploration drilling with the goal of announcing a new discovery.  We are also excited to welcome\n \n Millie Paredes\n \n to the Mako team as our new CFO and thank\n \n Scott Kelly\n \n for his years of service.  Millie's financial experience, technical background in geology and Latin American roots are a valuable combination as Mako transitions to becoming a producer.\"\n \n \n \n San Albino Operations\n \n \n \n At San Albino, the crushing circuit, grinding circuit and gravity circuit have all been operational over the last ten days.  Gravity concentrates are now being produced, and a small amount of gold has been recovered.  The carbon-in-leach (\"CIL\") tanks are full, cyanide and other consummables have been de...