Business
Mako Mining Reports Updated Mineral Resource Estimate for the Moss Mine in Arizona Consisting of Measured and Indicated Resources of 646,000 Ounces of Gold with a Grade of 0.35 g/t and 6.8 million Ounces of Silver with a Grade of 3.71 g/t and Inferred Resources of 122,000 Ounces of Gold with a Grade
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / January 26, 2026 / Mako Mining Corp. (TSX-V:...
About this update from Mako Mining Corp.
[{"type":"text","content":"Mako Mining Reports Updated Mineral Resource Estimate for the Moss Mine in Arizona Consisting of Measured and Indicated Resources of 646,000 Ounces of Gold with a Grade of 0.35 g/t and 6.8 million Ounces of Silver with a Grade of 3.71 g/t and Inferred Resources of 122,000 Ounces of Gold with a GradeVANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / January 26, 2026 / Mako Mining Corp. (TSX-V:MKO)(OTCQX:MAKOF) (\"Mako\" or the \"Company\") is pleased to report the results of an updated mineral resource estimate completed by Micon International Limited, PDM Technical Services Ltd and CGK Consulting Services Inc., for the Moss Mine Gold Project located in Arizona, USA (\"Moss\"). A technical report for the updated mineral resource estimate in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects (\"NI 43-101\") under the Company's SEDAR+ profile at www.sedarplus.ca will be filed within 45 days of this news release, and on the Company's website at www.makominingcorp.com (the \"Mineral Resource Estimate\").The Moss Mine Gold Project contains an estimated Measured and Indicated open pit mineral resource of 57.07 million tonnes averaging 0.35 g/t gold and 3.7 g/t silver for a total of 646,000 ounces of gold and 6.8 million ounces of silver at a 0.17 g/t AuEq1 cutoff. There is an additional estimated Inferred open pit mineral resource of 12.3 million tonnes averaging 0.31 g/t gold and 1.46 g/t silver for a total of 122,000 ounces of gold and 580,000 ounces of silver (see tables below).Gold equivalent ounces (AuEq) were calculated using silver and gold price assumptions and metallurgical recoveries mentioned below which resulted in a silver to gold ratio of 194.6:1. These mineral resources are reported within an optimized constraining open pit shell considering a gold price of US$2,500/oz and a silver price of US$29.2/oz with a gold recovery of 75% and a silver recovery of 33%.The effective date for the Mineral Resource Estimate is December 18, 2025. The Company anticipates advancing the project toward a Mineral Reserve Estimate and updated project economics in the second quarter of 2026.Akiba Leisman, CEO of Mako states, \"Moss was acquired less than a year ago for US$2 million, or for less than US$3 per gold equivalent ounce. In addition, all silver ounces in this Mineral Resource Estimate are unencumber...