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Reconnaissance Exploration Program at Recently Acquired Potrerillos Concession Yields High-Grade Results, Extending Strike Potential of San Albino by Approximately 3.5 Kilometers

Reconnaissance Exploration Program at Recently Acquired Potrerillos Concession Yields High...

articleMako Mining Corp.August 10, 20204/company/mako-mining-corp/news/reconnaissance-exploration-program-at-recently-acquired-potrerillos-concession-yields-high-grade-results-extending-strike-potential-of-san-albino-by-approximately-35-kilometers
Reconnaissance Exploration Program at Recently Acquired Potrerillos Concession Yields High-Grade Results, Extending Strike Potential of San Albino by Approximately 3.5 Kilometers

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[{"type":"text","content":"\n\n\n\nReconnaissance Exploration Program at Recently Acquired Potrerillos Concession Yields High-Grade Results, Extending Strike Potential of San Albino by Approximately 3.5 Kilometers\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\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, BC, Aug. 10, 2020\n\n\n\nTSX-V: MKO; OTCQX: MAKOF\n VANCOUVER, BC, Aug. 10, 2020 /CNW/ - Mako Mining Corp. (TSX-V: MKO) (OTCQX: MAKOF) (\"Mako\" or the \"Company\") is pleased to report results from a reconnaissance exploration program on its recently acquired Potrerillos exploration and exploitation concession (\"Potrerillos Concession\") (see press release dated December 17, 2019). \nThe Potrerillos Concession comprises 12 square kilometers (\"km\") of sub surface mineral rights and is contiguous to and along strike from Mako's San Albino gold project in Nueva Segovia, Nicaragua (\"San Albino\"). As a reminder, the Potrerillos Concession is part of the numerous historical mines and workings existing within the Corona de Oro Gold Belt, which is approximately 3 km wide by 23 km long and spans the entirety of the Company's land package (see attached maps).\nHighlights\nInitial assay results indicate excellent potential to extend the mineralization encountered at San Albino onto the contiguous Potrerillos Concession. Reconnaissance mapping and sampling has identified at least nine prospects with similar characteristics to San Albino (see attached maps) indicating potential continuity of at least three gold bearing structures over the length of the Potrerillos Concession (approximately 3.5 km).These structures have the potential to link San Albino with previously mapped, high-grade structures on the northeast part of the San Albino-Murra Concession.Results of channel sampling demonstrate potential for near surface, high-grade gold mineralization, including 49.3 g/t Au and 66.0 g/t Ag over 0.5 meter (\"m\") true width at the Tambo prospect and 23.70 g/t Au and 65.0 g/t Ag over 1 m true width at the Potrerillos prospect.Based on available historical data, as well as reported results from the previous owner...

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