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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 (2)
    • Measured and Indicated mineral resources (Open Pit): 95.4koz @ 9.54 g/t Au (2)
    • Inferred mineral resources (Open Pit): 62.0koz @ 8.50 g/t Au (2)
  • 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)
  • Permit amendment to process up to 1,000tpd received August 2020 (announced August 24, 2020)
  • Mining of first two full benches at San Albino yields 2,534 ounces gold at a diluted grade of 15.39 g/t gold (announced November 10, 2020)
  • Construction nearing completion with first gold pour expected January 2021 (reiterated November 10, 2020)
  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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