Mako Mining Corp. · TSXV:MKO
Mako Mining — Merger or Acquisition (October 2025)
13 slides from Mako Mining's merger presentation, October 2025
Slide 1: Fully Funded Gold Production in the Americas with Tungsten Optionality
Fully Funded Gold Production in the Americas with Tungsten Optionality October 2025 TSX-V: MKO | OTCQX: MAKOF 1
Slide 2: Acquisition of Mt. Hamilton Project Bolsters Growth Profile in the Americas
Acquisition of Mt. Hamilton Project Bolsters Growth Profile in the Americas Gold project in Nevada with Major Permits Secured Mt. Hamilton Provides High Quality Development Asset in Nevada ➢ Top ranked jurisdiction ➢ 100%-owned, shovel-ready project with major permits secured Pro Forma Mako to be Di
Slide 3: Transaction Structure & Pro Forma Capitalization
Transaction Structure & Pro Forma Capitalization (1) Acquisition of high-quality gold project with no equity dilution Transaction Structure (2) Pro Forma Capitalization (3) Mt. Hamilton Mt. Hamilton Share Price (26-Sep-25) C$/sh. $7.32 Mt. Hamilton Share Price (26-Sep-25) US$/sh. $5.29 LLC Basic Sha
Slide 4: Nevada: Top Ranked Mining Jurisdiction
Nevada: Top Ranked Mining Jurisdiction Nevada Highlights Goldrush Mine Paycore (April 2024) (May 2023) ➢ Nevada ranks as the #1 mining jurisdiction in the world for investment attractiveness (1) Florida Canyon (Nov 2024) ➢ The state produced ~3.6 million ounces of gold in 2024, accounting for U.S.A
Slide 5: Mt. Hamilton Asset Overview
Mt. Hamilton Asset Overview Permitted gold-silver project in Nevada along the prolific Battle Mountain trend ➢ Will be 100% owned by Mako Mining following completion of Mako- Sailfish transaction (1) ➢ Located in White Pine County, Central Nevada, ~50 miles west of Ely, Nevada along the southern por
Slide 6: Mt. Hamilton Tungsten-Project Optionality
Mt. Hamilton Tungsten-Project Optionality Unlocking significant Tungsten potential on the project Tungsten Targets A A ➢ Historical exploration by Phillips Petroleum in the Seligman West W-Mo West East skarns 1970s identified tungsten mineralization with an ore A Tungsten Drill “reserve” of 6.2 Mt a
Slide 7: Leveraging Mako's Strengths at Mt. Hamilton
Leveraging Mako’s Strengths at Mt. Hamilton Utilizing Mako’s Technical and Financial Strength to Advance & Grow Mt. Hamilton Mako’s Proven Ability to Deliver at San Albino Consistently Generating Cash Flows and 2019 - 2020 2021 - 2022 2023 2024+ Reinvesting in Growth 12 Trailing Months (“TTM”) • Min
Slide 8: Diversified Producer with High Quality Growth in USA & Guyana
Diversified Producer with High Quality Growth in USA & Guyana Sequenced and disciplined self-funded growth through organic growth and M&A CASH GENERATING ASSETS WITH EXPANSION POTENTIAL LOW CAPITAL INTENSITY ADVANCED PROJECTS San Albino Mine Moss Mine Mt. Hamilton Eagle Mountain High-grade, low-cost
Slide 9: Management Team
Management Team Akiba Leisman Frank Powell CEO (Director) VP of Exploration Akiba was Executive Chairman and Interim CEO of Marlin Gold Mining Ltd., Frank Powell has over 39 years of exploration experience with both major leading the company through the spinout of Sailfish Royalty Corp. and the and
Slide 10: Thank You
Thank You Contact Suite 700 - 838 West Hastings St. Vancouver, BC - V6C 0A6 IR: +51 944 951 401 IR: pdurand@makominingcorp.com General: info@makominingcorp.com makominingcorp.com 10
Slide 11: Disclaimers
Disclaimers Forward-Looking Information This presentation contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information may be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects”, “is expected”, “s
Slide 12: Disclaimers
Disclaimers Scientific and Technical Information All scientific and technical information relating to the San Albino Project contained in this presentation is derived from the technical report with an effective date of October 11th, 2023, as amended on June 10th, 2024 and titled “Amended Technical R
Slide 13: Disclaimers
Disclaimers Non- GAAP Measures Mako discloses certain non-GAAP financial measures and ratios in the presentation such as, cash cost per ounce sold (IFRS: cost of sales), total cash costs per ounce sold (IFRS: cost of sales), and all-in sustaining costs (“AISC”) per ounce sold (IFRS: cost of sales),