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Mako Mining Intersects 26.98 g/t Au over 6.8 m Estimated True Width at Las Conchitas, Extending an Area Fully Permitted for Mining to Over 450 m of Strike
VANCOUVER, BC / ACCESS Newswire / May 4, 2026 / Mako Mining Corp. (Nasdaq:MAKO) (TSXV:MKO) ("Mako" or the "Company") is pleased to report additional
About this update from Mako Mining Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESS Newswire / May 4, 2026 / Mako Mining Corp. (Nasdaq:MAKO) (TSXV:MKO) (\"Mako\" or the \"Company\") is pleased to report additional exploration results from the ongoing reverse circulation (\"RC\") and diamond drilling Program at Mako's newest mining area at its San Albino Project, Las Conchitas, located immediately south of the Company's San Albino gold mine in northern Nicaragua. The objectives of this drilling program are two fold: To test extensions of high-grade gold mineralization directly adjacent to current and future mining phases, but outside of the pit limits defined by the Company's 2023 mineral resource estimate (the \"MRE\") for the San Albino Project (see press release dated June 13th, 2024); and To test additional high-grade mineralization, as a part of the Company's regional drill program on its 224 km2 district-scale, underexplored land package. The drill results reported in this release are from the Candelaria zone located within the Las Conchitas South (LC-S) area. Drilling targeted the southwest extension of gold mineralization proximal to the existing Limon-Mango-Bayacun (\"LMB\") pit. This area is fully permitted for mining and drilling has demonstrated gold mineralization that extends beyond the current pit limits defined by the MRE. The Company's objective is to define additional mineral resources to support expansion of the San Albino operation and extend the mine life. Key Observations Drilling conducted within a permitted mine area High-grade mineralization defined proximal to existing pits and mine infrastructure Near-surface gold mineralization with width and grade of intercepts that compare favorably to existing mining areas at San Albino Strong gold grade and structural continuity which support potential for pit expansion Drilling confirms mineralization is open along strike and at depth Drilling Highlights 26.98 grams per tonne (\"g/t\") gold (\"Au\") and 48.4 g/t silver (\"Ag\") over 7.0 m (6.8 m Estimated True Width (\"ETW\")) 21.79 g/t Au and 23.0 g/t Ag over 5.0 m (4.0 m ETW) 17.89 g/t Au and 31.6 g/t Ag over 2.0 m (1.5 m ETW) 29.18 g/t Au and 39.8 g/t Ag over 5.1 m (ETW) Akiba Leisman, CEO of Mako states that \"these drill results at the San Albino Project are among the most significant over the past six years of mining. We intersected multiple 100 gram-meter intercepts...