Mako Mining Intersects 30.45 g/t Au over 4.5m (Estimated True Width) at Las Conchitas, 13m from Surface; Announces Commencement of Las Conchitas Processing

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[{"type":"text","content":"Mako Mining Intersects 30.45 g/t Au over 4.5m (Estimated True Width) at Las Conchitas, 13m from Surface; Announces Commencement of Las Conchitas ProcessingVANCOUVER, BC / ACCESSWIRE / July 27, 2023 / Mako Mining Corp. (TSXV:MKO)(OTCQX:MAKOF) (\"Mako\" or the \"Company\") is pleased to announce the commencement of Las Conchitas material processing, and 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.In the 2023 drilling campaign, 211 RC holes have been completed totaling approximately 8,000 meters (see table and drill plan below). One of the main objectives of the near-surface, infill drilling campaign is to gain a higher level of confidence of the geometry of the 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 19, 2023). The second objective is to test possible extensions of the high-grade mineralized blocks and mineralization trends identified in the 2022 drilling campaign. The Company has received assay results from 82 drill holes from two areas located in the northern portion of Las Conchitas (\"LC-N\") from the San Pablo and Mina Francisco zones.Mining of mineralized material began at LC-N early in July as a part of a metallurgical program to optimize the blend of the mill feed, and processing material originating from LC-N has begun. The Company has been processing material exclusively from the San Albino area, leading to run-of mine diluted vein percentages of mill feed of approximately 35% instead of the normal 50% threshold. Material from Las Conchitas will allow the Company to continue producing at the 50% threshold as soon as mining at Las Conchitas ramps up. The Company is finalizing its maiden resource at Las Conchitas and has begun mining from an interim five-year open pit mine plan, which will be further refined after the Las Conchitas resource is published later this quarter.The southern portion of Las Conchitas (\"LC-S\") contains the best known mineralization at Las Conchitas. Results from LC-S will be released in August after assays are received from the laboratory.HighlightsApproximately 8,000 m of infill RC drilling has been compl...

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