Project UpdateMay 4, 2026, 07:12 AM
Mako Mining reports high-grade gold intercepts up to 29.18 g/t Au
AI Summary
Mako Mining Corp. announced significant high-grade gold and silver drill results from the Candelaria zone at its San Albino Project. These results, described by the CEO as among the most significant in six years, include intercepts up to 29.18 g/t Au over 5.1 meters. The drilling has extended mineralization over 450 meters along strike, with potential for further expansion, and the company plans to begin development in the permitted area southwest of the Candelaria fault in Q4 2026.
Key Highlights
- Mako Mining reported high-grade gold intercepts up to 29.18 g/t Au and 39.8 g/t Ag over 5.1 m.
- Another significant intercept was 26.98 g/t Au and 48.4 g/t Ag over 7.0 m (6.8 m ETW).
- Drilling extended gold mineralization over 450 meters along strike at the Candelaria zone.
- The mineralization remains open along strike and at depth, supporting potential pit expansion.
- Development southwest of the Candelaria fault is planned to commence in Q4 2026.
- Drilling was conducted within a permitted mine area, proximal to existing pits and infrastructure.