Mako’s San Albino gold project is one of the highest-grade open pit development projects globally
Located in Nueva Segovia, Nicaragua, ~173 km north of Managua and accessible via paved highway
Gold grades typically associated with high-cost underground mining are amenable to low-cost open pit mining at San Albino (1)
- Indicated mineral resources (In-Pit): 150.4koz @ 7.13 g/t Au (1)
- Inferred mineral resources (In-Pit): 192.0koz @ 6.78 g/t Au (1)
Permit to construct and operate (up to 500tpd) received September 2017
Construction has commenced with first gold pour expected by late summer 2020 (announced May 6, 2019) (1)
- Please refer to slide 2 of the corporate presentation under “Forward-Looking Statements” for notes and disclaimer regarding technical information from the PEA.