Mako Mining Corp.

Mako Mining Corp. reported record financial results for Q1 2026, achieving $68.6 million in revenue, $40.1 million in Adjusted EBITDA, and $23.1 million in net income, equating to $0.26 per share. The company sold 13,721 ounces of gold at an average realized price of $4,902 per ounce. Mako closed the quarter with $96.1 million in cash and no debt beyond its gold stream, with management highlighting that two larger, fully funded projects are expected to significantly boost profitability in the coming years.

Mako Mining Corp. reported strong financial results for Q1 2026, with revenue increasing to $68.6 million and net income reaching $23.1 million. The company also completed the strategic acquisition of Mt. Hamilton LLC, owner of the Mt. Hamilton Project in Nevada, USA, for a total consideration of $43.6 million, funded by gold stream commitments. Additionally, Mako filed an updated Mineral Resource Estimate for its Moss Mine, detailing significant measured and indicated gold and silver resources.

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.