|Bid||0.2200 x 0|
|Ask||0.2250 x 0|
|Day's Range||0.2200 - 0.2250|
|52 Week Range||0.0900 - 0.2400|
|Beta (3Y Monthly)||-0.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.80|
VANCOUVER , Sept. 10, 2019 /CNW/ - Mako Mining Corp. (MKO.V) ("Mako" or the "Company") is pleased to report the discovery of the Bayacun Zone at the Las Conchitas area of its San Albina-Murra property located in Nueva Segovia , Nicaragua . The purpose of the drilling at the historic Bayacun mine was to test an underexplored area along a larger and potentially mineralized trend between the Mango Zone to the north (see press releases dated May 6, 2019 and May 21, 2019 ) and the Las Dolores Zone to the east (see press release dated July 25 , 2019). The new Bayacun Zone is trending in a northeast-southwest direction, and shallowly dips to the northwest, representing a potential southeast extension of the Mango Zone. Further drilling is planned for later this year, to confirm whether the Bayacun Zone connects to these surrounding zones, which could significantly expand the strike and dip of the Las Conchitas area.
Infill Drilling At San Albino Intersects 60.72 g/t Gold and 66.4 g/t Silver Over 3.1 Meters (Estimated True Width)
While not a mind-blowing move, it is good to see that the Mako Mining Corp. (CVE:MKO) share price has gained 23% in...
VANCOUVER , Aug. 26, 2019 /CNW/ - Mako Mining Corp. (TSX-V: MKO) ("Mako" or the "Company") is pleased to report positive results from pre-development work at its wholly-owned San Albino gold project ("San Albino") located in Nueva Segovia , Nicaragua . The Company utilized the existing model in design of the exploration pit and trenching program, which resulted in the discovery of the surface exposure of the Naranjo Zone within the West Pit and its projected continuation outside of the existing planned pit boundary. These trenches have exposed and confirmed the continuity of high-grade, near surface mineralization in the Naranjo Zone over a strike length of 186 m .
VANCOUVER , Aug. 19, 2019 /CNW/ - Mako Mining Corp. (TSX-V: MKO) ("Mako" or the "Company") is pleased to announce additional positive drill results from the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia , Nicaragua . The objective of the 2019 drilling campaign is to test high priority exploration targets within the Las Conchitas area, identified by trenching, geochemical soil surveys, extensive geological mapping and sampling of historical workings. The El Limon Zone was identified by a large 570 m by 280 m gold in soils anomaly, oriented in a northeast-southwest direction. The El Limon soil anomaly appears to be a continuation of the Mango gold geochemical anomaly which has been tested and confirmed by drilling (see press release dated May 6, 2019 ).
VANCOUVER , Aug. 8, 2019 /CNW/ - Mako Mining Corp. (MKO.V) ("Mako" or the "Company") today announced the grant of 42,500,000 incentive stock options to its officers and directors pursuant to the stock option plan of the Company. The number of shares reserved for issuance under the stock options is 42,500,000 common shares, representing approximately 7% of the current issued and outstanding common shares of the Company.
Near Surface, High-grade Gold Intercepted at Las Dolores, Including 9.00 G/t Gold and 19.3 G/t Silver Over 4.1 Meters
TORONTO , June 10, 2019 /CNW/ - Mako Mining Corp. (MKO.V) ("Mako" or the "Company") today announced that it will conduct an offering (the "Rights Offering") of rights to acquire common shares of the Company ("Common Shares") to raise gross proceeds of C$27,000,000 . Pursuant to the rights offering circular (the "Rights Offering Circular") and the notice of rights offering (the "Notice of Rights Offering") each eligible registered shareholder of the Company resident in Canada holding Common Shares as at the close of business on June 18, 2019 (the "Record Date") will receive 0.860792876 of one right for every one (1) Common Share held.
Further near surface, high-grade gold intercepted at Las Conchitas, including 36.55 g/t gold and 47.8 g/t silver over 1.7 meters
Drilling at Las Conchitas Intersects Near Surface, High-grade Gold Mineralization of 376.49 g/t Gold and 103.0 g/t Silver Over 1.0 Meter
TORONTO , April 1, 2019 /CNW/ - Mako Mining Corp. (MKO.V) ("Mako") has released results for the three and nine month fiscal periods ended January 31, 2019 ("Q3 2019"), and is pleased to provide a corporate update on its La Trinidad mining operations in Mexico ("La Trinidad") and its San Albino gold development project in Nicaragua ("San Albino"). For most of the quarter, the Company was focused on hurricane recovery (see below for additional details) at the La Trinidad mine in Mexico , and exploration and preconstruction activities at the San Albino project in Nicaragua .
TORONTO , March 13, 2019 /CNW/ - Mako Mining Corp. (MKO.V) ("Mako") announces that Mr. Kevin Bullock has tendered his resignation as CEO and director of Mako to pursue another opportunity. Mr. Bullock's departure will be effective immediately. Mako's board of directors has appointed Mr. Akiba Leisman as Interim CEO and has commenced a search for a permanent CEO. Mr. Leisman is currently a director of Mako and was Executive Chairman and Interim CEO of Marlin Gold Mining Ltd., leading the company through the spinout of Sailfish Royalty Corp. and the merger of Marlin with Golden Reign Resources Ltd. to form Mako.
TORONTO , March 8, 2019 /CNW/ - Mako Mining Corp. (MKO.V) ("Mako" or the "Company") is pleased to announce that, further to the Company's news release dated February 22, 2019 , it has closed its previously announced non‑brokered private placement issuing 30,000,000 common shares of the Company at a price of CAD$0.15 per share for gross proceeds of CAD$4,500,000 (the "Offering"). Wexford Capital LP, through funds managed by Wexford Capital LP (collectively, "Wexford"), which is an insider of the Company, subscribed for a total of 21,955,000 shares under the Offering. Wexford now beneficially owns, or exercises control or direction over, 127,369,678 shares of the Company, representing approximately 40.64% of the issued and outstanding shares of the Company upon completion of the Offering. In addition, Rael Lipson , a director of the Company, subscribed for 45,000 shares under the Offering.
TORONTO , Feb. 22, 2019 /CNW/ - Mako Mining Corp. (MKO.V) ("Mako" or the "Company") is pleased to announce that it is undertaking a non‑brokered private placement to raise up to a maximum of CAD$4,500,000 through the issuance of approximately 30,000,000 shares of the Company (the "Offering Shares") at a price of CAD$0 .15 per Offering Share (the "Offering"). The Offering is being made in accordance with the provisions of the existing security holder prospectus exemption available under OSC Rule 45‑501 ‑ Ontario Prospectus and Registration Exemptions and equivalent provisions of other applicable securities laws (the "Existing Shareholder Exemption"). The Existing Shareholder Exemption is not available in Newfoundland and Labrador. Subject to the foregoing, the Offering will permit participation of existing shareholders of the Company who held shares of the Company as of February 21, 2019 (the "Record Date") and who continue to hold shares of the Company as of the closing date of the Offering.
VANCOUVER , Feb. 19, 2019 /CNW/ - Mako Mining Corp. (TSX-V: MKO) (the "Company" or "Mako Mining") is providing an update of its operations at La Trinidad in Mexico . Most recently, Hurricane Willa, a Category 3 hurricane that crossed over the La Trinidad Mine on October 24, 2018 (see Marlin Gold Mining Ltd. press release dated October 26, 2018 ), led to a significant amount of water flooding directly into the Taunus pit. The heap leach pad, and its associated infrastructure, also received a significant amount of water during the event.
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Drilling at Las Conchitas confirms high grade gold mineralization, highlighted by 6.10 m of 16.48 g/t gold and 27.70 g/t silver