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Mako Mining Provides Q4 and 2021 Year End Financial Results - Q4 Gold Sales of 9,588 Oz at $831/oz AISC(1)
Mako Mining Provides Q4 and 2021 Year End Financial Results - Q4 Gold Sales of 9,588 Oz a...
About this update from Mako Mining Corp.
[{"type":"text","content":"\n \n \n \n Mako Mining Provides Q4 and 2021 Year End Financial Results - Q4 Gold Sales of 9,588 Oz at $831/oz AISC(1)\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.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\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 April 19, 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 financial results for the three months ended\n \n December 31, 2021\n \n (\"\n \n Q4 2021\n \n \"), which is the second full quarter of financial results since declaring commercial production on\n \n July 1, 2021\n \n at its San Albino gold mine (\"\n \n San Albino\n \n \") in northern\n \n Nicaragua\n \n . For detailed Q4 2021 operating statistics, please see the press release dated\n \n January 19, 2022\n \n . All dollar amounts referred to herein are expressed in\n \n United States\n \n dollars unless otherwise stated.\n \n \n \n Q4 2021 Highlights\n \n \n \n \n Financial\n \n \n \n \n \n $16.6 million\n \n in Revenue\n \n \n \n $8.9 million\n \n in Adjusted EBITDA\n \n (1)\n \n \n \n \n $9.4 million\n \n in Mine Operating Cash Flow (\n \n \"Mine\n \n \n OCF\n \n \")\n \n (1) (3)\n \n \n \n \n $3.2 million\n \n in Net Income\n \n \n \n $589\n \n Cash Costs ($/oz sold)\n \n (1) (2)\n \n \n \n \n $670\n \n Total Cash Costs ($/oz sold)\n \n (1) (2)\n \n \n \n \n $831\n \n All-In Sustaining Costs (\"\n \n AISC\n \n \") ($/oz sold)\n \n (1)\n \n \n (2)\n \n \n \n \n $3.1 million\n \n of principal repayments during Q4\n \n \n \n \n \n \n \n \n \n (1)\n \n \n \n \n \n \n \n \n Refers to a Non-GAAP ...