TSX-V: MKO; OTCQX: MAKOF
VANCOUVER, BC, Dec. 2, 2020 /CNW/ - Mako Mining Corp.
(TSX-V: MKO; OTCQX: MAKOF) ("Mako" or the "Company") announces that
it has filed today an independent technical report (the "Technical
Report") prepared by Mine Development Associates, a division of
RESPEC, out of Reno, Nevada, in
accordance with National Instrument 43-101 – Standards of
Disclosure for Mineral Projects. The Technical Report supports
the results of an updated mineral resource estimate for the
Company's wholly-owned San Albino gold project ("San Albino"),
located in Nueva Segovia,
Nicaragua, previously announced by
the Company in its press release dated October 19, 2020.
The Company confirms that there are no material differences
between the results announced in its October
19, 2020 press release, and the results set out in the
Technical Report now filed under the Company's profile on SEDAR at
www.sedar.com, and posted on the Company's website at
www.makominingcorp.com.
On behalf of the Board,
Akiba
Leisman
Chief Executive Officer
About Mako
Mako Mining Corp. is a publicly listed gold mining, development
and exploration firm. The Company is developing its high-grade San
Albino gold project in Nueva
Segovia, Nicaragua. Mako's
primary objective is to bring San Albino into production quickly
and efficiently, while continuing exploration of prospective
targets in Nicaragua.
Forward-Looking Information: Some of the statements
contained herein may be considered "forward-looking information"
within the meaning of applicable securities laws. The
forward-looking information contained herein is based on
the Company's current plans, expectations and assumptions,
including the expectation that the Company will be able to bring
San Albino into production quickly and efficiently, while
continuing to explore prospectus targets in Nicaragua. Such forward- looking information
is subject to a variety of risks and uncertainties which could
cause actual events or results to differ materially from those
reflected in the forward-looking information, including, without
limitation, the risk of economic and/or technical failure at the
San Albino project associated with making a production decision
without demonstrated economic and technical viability, and other
risks and uncertainties as disclosed in the Company's public
disclosure filings on SEDAR at www.sedar.com. Such information
contained herein represents management's best judgment as of the
date hereof, based on information currently available and is
included for the purposes of providing investors with the Company's
plans and expectations regarding the San Albino project, and may
not be appropriate for other purposes. Mako does not undertake to
update any forward-looking information, except in accordance with
applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Mako Mining Corp.