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Mako Mining On Track For Record Q4 Gold Sales, Announces Plant Capacity Expansion to 600tpd With No Additional Capex and Provides Corporate Update
Mako Mining On Track For Record Q4 Gold Sales, Announces Plant Capacity Expansion to 600t...
About this update from Mako Mining Corp.
[{"type":"text","content":"\n \n \n \n Mako Mining On Track For Record Q4 Gold Sales, Announces Plant Capacity Expansion to 600tpd With No Additional Capex and Provides Corporate Update\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.prnsbbb1{\nBORDER-BOTTOM:black 1pt\n}\n.prnsblb1{\nBORDER-LEFT:black 1pt\n}\n.prnsbtb1{\nBORDER-TOP:black 1pt\n}\n.prnpr2{\nPADDING-RIGHT:0.17em\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prnrbrb1{\nBORDER-RIGHT:black 1pt\n}\n.prnpl2{\nPADDING-LEFT:0.17em\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TSX-V: MKO;\n \n \n \n \n OTCQX: MAKOF\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n Nov. 16, 2022\n \n \n /CNW/ -\n \n Mako Mining Corp.\n \n (TSXV: MKO) (OTCQX: MAKOF) (\"\n \n Mako\n \n \" or the \"\n \n Company\n \n \") is pleased to provide an interim Q4 2022 production update from its San Albino gold mine (\"\n \n San Albino\n \n \") in northern\n \n Nicaragua\n \n , the announcement of a plant expansion to 600 tonnes per day (\"tpd\") with no additional capex, and a general corporate update. Financial results for Q3 2022, including detailed reporting of our operating costs, are expected to be released on\n \n November 21, 2022\n \n . All dollar amounts herein are expressed in US dollars.\n \n \n In the Company's Q3 2022 production results update (see\n \n October 21\n \n \n st\n \n , 2022 press release), Mako announced that it had rectified the issues which led to reduced recovery rates from March through\n \n August 2022\n \n (77% Q3 2022 recoveries vs. 86% expected), and lower throughputs for the quarter which were implemented in order to observe the effects of increased plant residence time on recovery rates (481tpd, including availability, vs. 500tpd expected). The Company is pleased to announce that the plant is now operating significantly above nameplate capacity, with recoveries at expected levels. During October, the mill operated at 539 tpd at 97% a...