Mako Mining's Drilling Yields 26.98g/t Au, Extends Permitted Gold Zone 450m
Mako Mining’s Las Conchitas drilling intersected 26.98 g/t Au and 48.4 g/t Ag over 6.8 m ETW, plus 21.79 g/t Au over 4.0 m and 29.18 g/t Au over 5.1 m in a fully permitted area. Results extend high-grade gold mineralization over 450 m of strike beyond current pit limits, supporting potential San Albino pit expansion.
1. Drilling Program Overview
Mako Mining is conducting reverse circulation and diamond drilling at Las Conchitas, immediately south of the San Albino mine. The program targets high-grade extensions beyond the 2023 mineral resource pit limits and explores underexplored zones within the fully permitted Las Conchitas South area.
2. Highlight Drill Intercepts
Key assays include 26.98 g/t Au and 48.4 g/t Ag over 6.8 m ETW, 21.79 g/t Au and 23.0 g/t Ag over 4.0 m ETW, and 29.18 g/t Au and 39.8 g/t Ag over 5.1 m ETW. These high-grade veins were intercepted 31.5 m to 188 m beyond the 2023 pit boundary.
3. Resource and Expansion Potential
Drilling has extended continuous high-grade mineralization over 450 m of strike and remains open to the southwest and at depth. The results support potential expansion of the Limon-Mango-Bayacun pit, with structural continuity comparable to existing mining areas and near-surface widths favorable for open pit mining.
4. Next Steps and Development Plans
Geotechnical drilling has been completed to optimize future pit design and ensure slope stability. Mako plans to begin development southwest of the Candelaria fault once the rainy season ends in Q4 2026, aiming to convert these intercepts into expanded mineable resources.