# Mako Mining Announces Q2 2026 Production Results with Record Gold Sold of 14,610 Au oz., Revenues of ~US$63 Million and Cash and Securities Balance of US$112 Million

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/mako-mining-announces-q2-2026-production-results-with-record-gold-sold-of-14-610--0e0ba330-c736-4786-bdc0-3f853fa1431e

Original source: https://money.tmx.com/en/quote/MKO/news/5613629362051129/mako-mining-announces-q2-2026-production-results-with-record-gold-sold-of-14-610

Publisher: tmx

Original announcement: 2026-07-15T20:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Mako Mining Corp.

- Ticker: MKO

- Exchange: TSX

- Region: Nicaragua

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results, Production, Agreement transaction, Permitting

- Extracted: 2026-09-16 10:37:43 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Mako Mining reported record Q2 2026 gold sales of 14,610 oz and revenues of approximately US$63 million. The company also announced the successful acquisition of the Eureka concession in Nicaragua and provided updates on the predevelopment of the Mt. Hamilton and Eagle Mountain projects.

Reasoning: The company reported record quarterly gold sales and a significant increase in cash/securities, alongside strategic land consolidation at San Albino.

- Positive factor: Record gold sales of 14,610 oz

- Positive factor: Strong cash position of US$112 million

- Positive factor: Successful acquisition of Eureka concession adjacent to San Albino

- Positive factor: San Albino mine performing well with high grades

- Positive factor: Moss Mine ramping up as planned

Facts used in scoring: 8

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions a Qualified Person \(John Rust\) has reviewed the technical information.

Evidence · text

> Qualified Person John Rust, a metallurgical engineer and qualified person \(as defined under NI 43-101\) has read and approved the technical information contained in this press release.

**Nearology Play**

Polarity: positive

Story-specific tag

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The acquisition of the Eureka concession adds highly prospective ground immediately adjacent to the operating San Albino mine.

Evidence · text

> The Eureka concession encompasses approximately 3,000 hectares of highly prospective terrain immediately to the west of the San Albino-Murra and El Jicaro concessions

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/mako-mining-announces-q2-2026-production-results-with-record-gold-sold-of-14-610--0e0ba330-c736-4786-bdc0-3f853fa1431e#fact-drill-facts-0)

San Albino · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: San Albino
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MKO

#### Geometry

- Grade: 7.88
- Grade Unit: g/t
- Intercept: 48890 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-15T00:00:00.000Z

Reasoning: Strong production volume and high grade for San Albino.

- Positive factor: High grade of 7.88 g/t Au

Evidence · text

> 48,890 tonnes mined, containing 12,390 ounces \("oz"\) of gold \("Au"\) at an average grade of 7.88 grams per tonne \("g/t"\) Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/mako-mining-announces-q2-2026-production-results-with-record-gold-sold-of-14-610--0e0ba330-c736-4786-bdc0-3f853fa1431e#fact-drill-facts-1)

San Albino · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: San Albino
- Commodity: silver
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MKO

#### Geometry

- Grade: 7.18
- Grade Unit: g/t
- Intercept: 48890 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-15T00:00:00.000Z

Reasoning: Silver byproduct reported alongside gold production.

- Positive factor: Significant silver byproduct

Evidence · text

> 11,289 oz of silver \("Ag"\) at 7.18 g/t Ag

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/mako-mining-announces-q2-2026-production-results-with-record-gold-sold-of-14-610--0e0ba330-c736-4786-bdc0-3f853fa1431e#fact-drill-facts-2)

San Albino · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: San Albino
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MKO

#### Geometry

- Grade: 10.93
- Grade Unit: g/t
- Intercept: 29142 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-15T00:00:00.000Z

Reasoning: High-grade vein material contribution.

- Positive factor: Very high grade of 10.93 g/t Au

Evidence · text

> 29,142 tonnes mined from diluted vein material containing 10,237 oz Au at 10.93 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/mako-mining-announces-q2-2026-production-results-with-record-gold-sold-of-14-610--0e0ba330-c736-4786-bdc0-3f853fa1431e#fact-drill-facts-3)

San Albino · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: San Albino
- Commodity: silver
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MKO

#### Geometry

- Grade: 9.89
- Grade Unit: g/t
- Intercept: 29142 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-15T00:00:00.000Z

Reasoning: Silver byproduct from vein material.

Evidence · text

> 9,270 oz Ag at 9.89 g/t Ag

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 5

[Link to this fact](https://atlas-extractions.minestarters.com/news/mako-mining-announces-q2-2026-production-results-with-record-gold-sold-of-14-610--0e0ba330-c736-4786-bdc0-3f853fa1431e#fact-drill-facts-4)

San Albino · gold

Needs review: drill\_no\_hole\_id

#### Identity

- Project: San Albino
- Commodity: gold
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MKO

#### Geometry

- Grade: 3.39
- Grade Unit: g/t
- Intercept: 19747 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-15T00:00:00.000Z

Reasoning: Lower grade material from historical sources.

Evidence · text

> 19,747 tonnes mined from historical dump and other mineralized material above cutoff grade \(" historical dump + other "\) containing 2,153 oz Au at 3.39 g/t Au

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 6

[Link to this fact](https://atlas-extractions.minestarters.com/news/mako-mining-announces-q2-2026-production-results-with-record-gold-sold-of-14-610--0e0ba330-c736-4786-bdc0-3f853fa1431e#fact-drill-facts-5)

San Albino · silver

Needs review: drill\_no\_hole\_id

#### Identity

- Project: San Albino
- Commodity: silver
- Region: nicaragua
- Reported Region: nicaragua
- Ticker: MKO

#### Geometry

- Grade: 3.18
- Grade Unit: g/t
- Intercept: 19747 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Methods: standards

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-15T00:00:00.000Z

Reasoning: Silver byproduct from historical sources.

Evidence · text

> 2,019 oz Ag at 3.18 g/t Ag

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
