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Mako Mining Intersects 13.43 g/t Au and 36.8 g/t Ag over 9 m (Estimated True Width) at Las Conchitas, 57m from Surface, Outside of Current Mineral Resource Estimate
VANCOUVER, BC / ACCESSWIRE / March 13, 2024 / Mako Mining Corp. (TSX-V:MKO)(OTCQX:MAKOF) (" Mako...
About this update from Mako Mining Corp.
[{"type":"text","content":"Mako Mining Intersects 13.43 g/t Au and 36.8 g/t Ag over 9 m (Estimated True Width) at Las Conchitas, 57m from Surface, Outside of Current Mineral Resource EstimateVANCOUVER, BC / ACCESSWIRE / March 13, 2024 / Mako Mining Corp. (TSX-V:MKO)(OTCQX:MAKOF) (\"Mako\" or the \"Company\") is pleased to provide an update of results from the ongoing reverse circulation (RC) drill program at Mako's newest mining area, Las Conchitas, located immediately south of the company's San Albino gold mine, which is currently in commercial production.Since the most recent mineral resource estimate (\"MRE\") at the San Albino Project was defined (see press release of December 6th, 2023), Mako has completed 9,951 m in 176 reverse circulation (RC) drill holes of the resource expansion drill program (see drill plan below). The results reported in this release are from the Southern portion of Las Conchitas, which hosts gold mineralization in three principal zones; El Limon, Mango and Bayacun. The main objectives of the near-surface, extension and confirmation drilling campaign were to gain a higher level of confidence of the grade and geometry of gold mineralization within six areas of interest where the Company has received a permit to process material through the San Albino plant (\"Las Conchitas Permit\" see press release of June 19th, 2023) and to identify gold mineralization for potential resource expansion beyond the Company's current MRE.HighlightsResults of 12 RC drill holes, completed in 2024, in the southern portion of Las Conchitas (\"LC-S\"), together with prior results drilled since the MRE, support the potential to expand the high-grade, gold mineralization within the currently defined open pits as well as potential extensions outside of the current MRE. The Mango intercept below is one of the widest mineralized, shallow, high-grade intervals reported to date.13.43 g/t Au and 36.8 g/t Ag over 9.0 m (Estimated True Width - ETW) - Mango vein9.65 g/t Au and 11.8 g/t Ag over 2.0 m (ETW) - El Limon vein7.30 g/t Au and 14.9 g/t Ag over 1.0 m (ETW) - Mango 2 veinAkiba Leisman, CEO of Mako states, \"this is another spectacular result from our exploration team. This exceptionally wide and high-grade intercept outside of our current MRE, is another clear example of the expansion potential of our current resource. We have been mining this area at Las ...