# Mako Mining Announces Q4 2025 Production Results Generating Record Gold Revenue of Approximately US$ 50 million, Year End Cash Balance of US$ 78.1 million and Full Repayment of Debt Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/mako-mining-announces-q4-2025-production-results-generating-record-gold-revenue--054b012e-2186-4727-957e-1c082d8b99e1 Original source: https://money.tmx.com/en/quote/MKO/news/6168765194034636/mako-mining-announces-q4-2025-production-results-generating-record-gold-revenue- Publisher: tmx Original announcement: 2026-01-13T11:50:00.000Z 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, Other - Extracted: 2026-09-16 11:04:11 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Mako Mining reported record Q4 2025 gold revenue of approximately US$ 50 million, driven by strong production at the San Albino mine. The company successfully repaid all US$ 6.5 million of its debt and ended the year with a robust cash balance of US$ 78.1 million following a US$ 37.7 million equity raise. Reasoning: Strong quarterly production results, record revenue, debt clearance, and a significant liquidity boost from an equity raise. - Positive factor: Record gold revenue of US$ 50 million - Positive factor: Full repayment of US$ 6.5 million debt - Positive factor: Significant cash balance increase to US$ 78.1 million - Positive factor: Strong production results at San Albino - Positive factor: Successful equity raise of US$ 37.7 million Facts used in scoring: 8 ## Classification and evidence **Production Results** Polarity: positive Story-specific tag Definition: No canonical definition is currently available. Why it applies: The document reports Q4 2025 production tonnes, grades, and ounces for San Albino. Evidence · text > is pleased to provide fourth quarter 2025 \(" Q4 2025 "\) production results ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Drill Results (8) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/mako-mining-announces-q4-2025-production-results-generating-record-gold-revenue--054b012e-2186-4727-957e-1c082d8b99e1#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: 6.97 - Grade Unit: g/t #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-13T00:00:00.000Z Reasoning: Strong production volume and grade for the quarter. - Positive factor: High grade of 6.97 g/t Au Evidence · text > 57,577 tonnes mined, containing 12,906 ounces \("oz"\) of gold \("Au"\) at an average grade of 6.97 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-q4-2025-production-results-generating-record-gold-revenue--054b012e-2186-4727-957e-1c082d8b99e1#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: 7.02 - Grade Unit: g/t #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-13T00:00:00.000Z Reasoning: Significant silver byproduct production. Evidence · text > 13,003 oz of silver \("Ag"\) at 7.02 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-q4-2025-production-results-generating-record-gold-revenue--054b012e-2186-4727-957e-1c082d8b99e1#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: 9.65 - Grade Unit: g/t #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-13T00:00:00.000Z Reasoning: High-grade vein material contribution to production. - Positive factor: High grade of 9.65 g/t Au Evidence · text > 34,600 tonnes mined from diluted vein material containing 10,740 oz Au at 9.65 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-q4-2025-production-results-generating-record-gold-revenue--054b012e-2186-4727-957e-1c082d8b99e1#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: 9.56 - Grade Unit: g/t #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-13T00:00:00.000Z Reasoning: High grade silver byproduct. Evidence · text > 10,636 oz Ag at 9.56 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-q4-2025-production-results-generating-record-gold-revenue--054b012e-2186-4727-957e-1c082d8b99e1#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: 2.93 - Grade Unit: g/t #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-13T00:00:00.000Z Reasoning: Lower grade material from historical sources. Evidence · text > 22,977 tonnes mined from historical dump and other mineralized material above cutoff grade \(" historical dump + other "\) containing 2,166 oz Au at 2.93 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 6 [Link to this fact](https://atlas-extractions.minestarters.com/news/mako-mining-announces-q4-2025-production-results-generating-record-gold-revenue--054b012e-2186-4727-957e-1c082d8b99e1#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: 3.2 - Grade Unit: g/t #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-13T00:00:00.000Z Reasoning: Silver byproduct from historical dump. Evidence · text > 2,368 oz Ag at 3.20 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 7 [Link to this fact](https://atlas-extractions.minestarters.com/news/mako-mining-announces-q4-2025-production-results-generating-record-gold-revenue--054b012e-2186-4727-957e-1c082d8b99e1#fact-drill-facts-6) San Albino · gold Needs review: drill\_no\_hole\_id #### Identity - Project: San Albino - Commodity: gold - Region: nicaragua - Reported Region: nicaragua - Ticker: MKO #### Geometry - Grade: 6.77 - Grade Unit: g/t #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-13T00:00:00.000Z Reasoning: Milled throughput and grade results. Evidence · text > 54,076 tonnes milled containing 11,767 oz Au and 12,039 oz Ag grading 6.77 g/t Au and 6.92 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 8 [Link to this fact](https://atlas-extractions.minestarters.com/news/mako-mining-announces-q4-2025-production-results-generating-record-gold-revenue--054b012e-2186-4727-957e-1c082d8b99e1#fact-drill-facts-7) San Albino · silver Needs review: drill\_no\_hole\_id #### Identity - Project: San Albino - Commodity: silver - Region: nicaragua - Reported Region: nicaragua - Ticker: MKO #### Geometry - Grade: 6.92 - Grade Unit: g/t #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-01-13T00:00:00.000Z Reasoning: Silver byproduct in mill feed. Evidence · text > 12,039 oz Ag grading 6.92 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.