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Project San Albino Mine Map

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)

  • Measured and Indicated mineral resources (Open Pit): 95.4koz @ 9.54 g/t Au (1)
  • Inferred mineral resources (Open Pit): 62.0koz @ 8.50 g/t Au (1)

Permit to construct and operate (up to 500tpd) received September 2017 (announced September 12, 2017)

Positive metallurgical test results at San Albino with optimized overall gold recoveries ranging from 86.1 to 96.9% (announced December 13, 2019)

Construction >70% complete with first gold pour expected January 2021 (announced June 22, 2020)

Permit amendment to process up to 1,000tpd received August 2020 (announced August 24, 2020)

  1. 1. Please refer to slide 2 of the corporate presentation under “Forward-Looking Statements” for notes and disclaimer regarding technical information from the Updated Mineral Resource Estimate Press Release.

San Albino Drill Hole Database

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