Mako Mining Intersects 26.98 g/t Au over 6.8 m Estimated True Width at Las Conchitas, Extending an Area Fully Permitted for Mining to Over 450 m of Strike
Original announcement by tmx on
- Company
- Mako Mining Corp.
- Ticker
- MKO
- Exchange
- TSX
- Region
- Nicaragua
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Drill results, Other
- Extracted
- 2026-09-16 10:49:36 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Mako Mining has reported high-grade gold and silver drill results from the Las Conchitas area of its San Albino Project in Nicaragua. The drilling, including RC and geotechnical holes, has extended mineralization over 450m along strike, stepping out beyond the current 2023 mineral resource estimate pit limits.
Reasoning: Significant high-grade gold intercepts (up to 26.98 g/t) that extend mineralization beyond the current 2023 MRE pit limits, demonstrating district-scale expansion potential in a permitted area.
Positive factors
- High-grade gold intercepts
- Step-out extension beyond pit limits
- Structural continuity
- QA/QC disclosed
Facts used in scoring: 8
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling has demonstrated gold mineralization that extends beyond the current pit limits defined by the 2023 MRE.
Evidence · text
“demonstrated gold mineralization that extends beyond the current pit limits defined by the MRE”
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: Multiple intercepts report Estimated True Width (ETW).
Evidence · text
“6.8 m Estimated True Width”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release details sampling, assaying, and QA/QC procedures, including use of standards, blanks, and duplicates.
Evidence · text
“Control samples consisting of duplicates, standards and blanks were inserted into the sample stream”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: Intercepts such as 26.98 g/t Au and 29.18 g/t Au are exceptionally high grade.
Evidence · text
“26.98 grams per tonne ("g/t") gold ("Au")”
Extracted facts
Stored fact records: 8. Some facts used in scoring do not have a stored record.
Drill Results (8)
LC26-RC1110San Albino · goldGrade: 26.98Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- LC26-RC1110
- Project
- San Albino
- Commodity
- gold
- Region
- nicaragua
- Reported Region
- nicaragua
- Ticker
- MKO
Geometry
- Grade
- 26.98
- Grade Unit
- g/t
- Intercept
- 7 m
- True Width
- 6.8 m
- From
- 90.3 m
- To
- 97.3 m
- Intercept Depth
- 90.3 m
Classification
- Sample Type
- drill
- Group ID
- LC26-RC1110:90.3-97.3
- Mining Method
- open_pit
Location
- Location
- Candelaria zone
- Loc. Source
- document
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-04T00:00:00.000Z
Reasoning: Exceptional gold grade (26.98 g/t) over a significant width (7.0 m) that extends mineralization beyond the current pit limits.
Positive factors
- Bonanza Intercept
- True Width Disclosed
- Step-Out Extension
Evidence · text
“LC26-RC1110 intersected 26.98 g/t Au and 48.4 g/t Ag over 7.0 m (6.8 m ETW)”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 6.8
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "(Nasdaq:MAKO)(TSXV:MKO) (" Mako " or the " Company ") is pleased to report additional exploration results from the ongoi"
LC26-RC1110San Albino · silverGrade: 48.4Grade Unit: g/tIntercept: 7 mView all detailsHide details
Identity
- Hole ID
- LC26-RC1110
- Project
- San Albino
- Commodity
- silver
- Region
- nicaragua
- Reported Region
- nicaragua
- Ticker
- MKO
Geometry
- Grade
- 48.4
- Grade Unit
- g/t
- Intercept
- 7 m
- True Width
- 6.8 m
- From
- 90.3 m
- To
- 97.3 m
- Intercept Depth
- 90.3 m
Classification
- Sample Type
- drill
- Group ID
- LC26-RC1110:90.3-97.3
- Mining Method
- open_pit
Location
- Location
- Candelaria zone
- Loc. Source
- document
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-04T00:00:00.000Z
Reasoning: Significant silver credits accompanying high-grade gold intercept.
Evidence · text
“LC26-RC1110 intersected 26.98 g/t Au and 48.4 g/t Ag over 7.0 m (6.8 m ETW)”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 6.8
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "(Nasdaq:MAKO)(TSXV:MKO) (" Mako " or the " Company ") is pleased to report additional exploration results from the ongoi"
LC26-RC1091San Albino · goldGrade: 21.79Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- LC26-RC1091
- Project
- San Albino
- Commodity
- gold
- Region
- nicaragua
- Reported Region
- nicaragua
- Ticker
- MKO
Geometry
- Grade
- 21.79
- Grade Unit
- g/t
- Intercept
- 5 m
- True Width
- 4 m
- From
- 34 m
- To
- 39 m
- Intercept Depth
- 34 m
Classification
- Sample Type
- drill
- Group ID
- LC26-RC1091:34-39
- Mining Method
- open_pit
Location
- Location
- Candelaria zone
- Loc. Source
- document
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-04T00:00:00.000Z
Reasoning: Strong gold grade (21.79 g/t) with true width disclosed.
Positive factors
- True Width Disclosed
Evidence · text
“LC26-RC1091 intersected a wide, high-grade vein of 21.79 g/t Au and 23.0 g/t Ag over 5.0 m (4.0 m ETW)”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "(Nasdaq:MAKO)(TSXV:MKO) (" Mako " or the " Company ") is pleased to report additional exploration results from the ongoi"
LC26-RC1091San Albino · silverGrade: 23Grade Unit: g/tIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- LC26-RC1091
- Project
- San Albino
- Commodity
- silver
- Region
- nicaragua
- Reported Region
- nicaragua
- Ticker
- MKO
Geometry
- Grade
- 23
- Grade Unit
- g/t
- Intercept
- 5 m
- True Width
- 4 m
- From
- 34 m
- To
- 39 m
- Intercept Depth
- 34 m
Classification
- Sample Type
- drill
- Group ID
- LC26-RC1091:34-39
- Mining Method
- open_pit
Location
- Location
- Candelaria zone
- Loc. Source
- document
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-04T00:00:00.000Z
Reasoning: Silver byproduct in high-grade gold intercept.
Evidence · text
“LC26-RC1091 intersected a wide, high-grade vein of 21.79 g/t Au and 23.0 g/t Ag over 5.0 m (4.0 m ETW)”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 4
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "(Nasdaq:MAKO)(TSXV:MKO) (" Mako " or the " Company ") is pleased to report additional exploration results from the ongoi"
LC26-GEOTEC-07San Albino · goldGrade: 29.18Grade Unit: g/tIntercept: 5.1 mView all detailsHide details
Identity
- Hole ID
- LC26-GEOTEC-07
- Project
- San Albino
- Commodity
- gold
- Region
- nicaragua
- Reported Region
- nicaragua
- Ticker
- MKO
Geometry
- Grade
- 29.18
- Grade Unit
- g/t
- Intercept
- 5.1 m
- From
- 31.5 m
- To
- 36.6 m
- Intercept Depth
- 31.5 m
Classification
- Sample Type
- drill
- Group ID
- LC26-GEOTEC-07:31.5-36.6
- Mining Method
- open_pit
Location
- Location
- Candelaria zone
- Loc. Source
- document
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-04T00:00:00.000Z
Reasoning: Very high grade gold intercept (29.18 g/t).
Positive factors
- Bonanza Intercept
Evidence · text
“LC26-GEOTEC-07 intersected 29.18 g/t Au and 39.8 g/t Ag over 5.1 m (ETW)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "(Nasdaq:MAKO)(TSXV:MKO) (" Mako " or the " Company ") is pleased to report additional exploration results from the ongoi"
LC26-GEOTEC-07San Albino · silverGrade: 39.8Grade Unit: g/tIntercept: 5.1 mView all detailsHide details
Identity
- Hole ID
- LC26-GEOTEC-07
- Project
- San Albino
- Commodity
- silver
- Region
- nicaragua
- Reported Region
- nicaragua
- Ticker
- MKO
Geometry
- Grade
- 39.8
- Grade Unit
- g/t
- Intercept
- 5.1 m
- From
- 31.5 m
- To
- 36.6 m
- Intercept Depth
- 31.5 m
Classification
- Sample Type
- drill
- Group ID
- LC26-GEOTEC-07:31.5-36.6
- Mining Method
- open_pit
Location
- Location
- Candelaria zone
- Loc. Source
- document
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-04T00:00:00.000Z
Reasoning: Silver byproduct in high-grade gold intercept.
Evidence · text
“LC26-GEOTEC-07 intersected 29.18 g/t Au and 39.8 g/t Ag over 5.1 m (ETW)”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "(Nasdaq:MAKO)(TSXV:MKO) (" Mako " or the " Company ") is pleased to report additional exploration results from the ongoi"
LC26-RC1094San Albino · goldGrade: 17.89Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- LC26-RC1094
- Project
- San Albino
- Commodity
- gold
- Region
- nicaragua
- Reported Region
- nicaragua
- Ticker
- MKO
Geometry
- Grade
- 17.89
- Grade Unit
- g/t
- Intercept
- 2 m
- True Width
- 1.5 m
- From
- 82 m
- To
- 84 m
- Intercept Depth
- 82 m
Classification
- Sample Type
- drill
- Group ID
- LC26-RC1094:82-84
- Mining Method
- open_pit
Location
- Location
- Candelaria zone
- Loc. Source
- document
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-04T00:00:00.000Z
Reasoning: High grade gold (17.89 g/t) with true width disclosed, extending below current resource model.
Positive factors
- True Width Disclosed
Evidence · text
“LC26-RC1094 intersected 17.89 g/t Au and 31.6 g/t Ag over 2.0 m (1.5 m ETW)”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 1.5
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "(Nasdaq:MAKO)(TSXV:MKO) (" Mako " or the " Company ") is pleased to report additional exploration results from the ongoi"
LC26-RC1094San Albino · silverGrade: 31.6Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- LC26-RC1094
- Project
- San Albino
- Commodity
- silver
- Region
- nicaragua
- Reported Region
- nicaragua
- Ticker
- MKO
Geometry
- Grade
- 31.6
- Grade Unit
- g/t
- Intercept
- 2 m
- True Width
- 1.5 m
- From
- 82 m
- To
- 84 m
- Intercept Depth
- 82 m
Classification
- Sample Type
- drill
- Group ID
- LC26-RC1094:82-84
- Mining Method
- open_pit
Location
- Location
- Candelaria zone
- Loc. Source
- document
QA/QC
- Laboratory
- Bureau Veritas
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Compositing
- Dilution Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-04T00:00:00.000Z
Reasoning: Silver byproduct in high-grade gold intercept.
Evidence · text
“LC26-RC1094 intersected 17.89 g/t Au and 31.6 g/t Ag over 2.0 m (1.5 m ETW)”
Tags used in scoring
True Width Disclosedpositive
Actual thickness perpendicular to structure is stated, not just downhole length.
Why it applies: true_width_m is 1.5
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "(Nasdaq:MAKO)(TSXV:MKO) (" Mako " or the " Company ") is pleased to report additional exploration results from the ongoi"
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.