Mako Mining Intersects 12.09 g/t Au Over 11.5 m (Estimated True Width) at Las Conchitas South, 15 m from Surface

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[{"type":"text","content":"Mako Mining Intersects 12.09 g/t Au Over 11.5 m (Estimated True Width) at Las Conchitas South, 15 m from SurfaceVANCOUVER, BC / ACCESSWIRE / August 2, 2023 / Mako Mining Corp. (TSXV:MKO)(OTCQX:MAKOF) (\"Mako\" or the \"Company\") is pleased to announce additional results from the reverse circulation (RC) infill drilling completed at Las Conchitas, located immediately south of the company's San Albino gold mine, which is currently in commercial production.HighlightsCompleted 230 RC Drill Holes totaling approximately 9,000 metersExceptional highlights include:Bayacun area:12.09 g/t Au and 23.5 g/t Ag over 14.0 m (11.5 m ETW); including:15.60 g/t Au and 24.9 g/t Ag over 4.0 m (3.5 m ETW);31.10 g/t Au and 63.7 g/t Ag over 3.0 m (2.3 m ETW)El Limon area:18.48 g/t Au and 43.8 g/t Ag over 3.0 m (2.6 m ETW)Mango area:15.6 g/t Au and 24.6 g/t Ag over 2.0 m (1.5 m ETW)Newly intersected wider zones demonstrate potential to enhance the model and Mineral Resource Estimate (MRE) which is expected in Q3 2023Akiba Leisman, CEO of Mako states, \"Las Conchitas South was always known as the best part of Las Conchitas, and these exceptional grades and thicknesses attest to that. The Company first started mining and processing material from Las Conchitas North based on its proximity to the plant and waste storage facilities. Haul road access to Las Conchitas South is nearing completion, and we expect to begin mining this area as part of an initial 5 year open-pit mine plan over the coming months.\"Drilling in 2023 targeted multiple, shallow dipping, close to surface, gold-bearing quartz veins. The veins appear to be related to compressional tectonics and were subjected to later faulting and folding which accounts for local \"stacking\" of veins (thrust duplication) resulting in considerably wider blocks. Drill hole spacing is approximately 15 meters and depths range from 10 to 50 meters. Most of the drillholes were vertical and targeted to intersect the mineralization at near true thickness.In the Bayacun area, several drill holes were designed to intersect and confirm a high-grade block previously identified in the 2019-2022 drilling campaign. Drill hole LC23-RC136 intersected a wide, shallow zone at 15 m from surface which returned 12.09 g/t Au and 23.5 g/t Ag over 14.0 m (11.5 m ETW), including two high-grade intervals, 15.60 g/t Au and 24.9 g/t ...

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