Mako Mining Corp reported that the Ministry of Environmental and Natural Resources has granted an exploration permit to the Company for the Potrerillos concession acquired in December 2019. Starting from November 15, 2021, the permit is valid for 10 years and is renewable for up to an additional 20 years. The Company is now permitted to drill up to 800,000 meters s follows: 250,000 m of diamond drilling; 250,000 meters of reverse circulation drilling; and 300,000 meters of blast hole drilling. The Company is also permitted to carry out up to 12,000 meters of trenching.Additionally, as of November 12, 2021, all legal documents and procedures, including the public consultation for the La Segoviana concession, located northeast of Potrerillos, are complete. The Company awaits MARENA's approval of this additional exploration permit, which is expected over the course of the next 45 days.Mako Mining Corp. is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally. Mako's primary objective is to operate San Albino profitably and fund exploration of prospective targets on its district-scale land package.
Mako Mining Corp reported that the Ministry of Environmental and Natural Resources has granted an exploration permit to the Company for the Potrerillos concession acquired in December 2019. Starting from November 15, 2021, the permit is valid for 10 years and is renewable for up to an additional 20 years. The Company is now permitted to drill up to 800,000 meters s follows: 250,000 m of diamond drilling; 250,000 meters of reverse circulation drilling; and 300,000 meters of blast hole drilling. The Company is also permitted to carry out up to 12,000 meters of trenching.Additionally, as of November 12, 2021, all legal documents and procedures, including the public consultation for the La Segoviana concession, located northeast of Potrerillos, are complete. The Company awaits MARENA's approval of this additional exploration permit, which is expected over the course of the next 45 days.Mako Mining Corp. is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally. Mako's primary objective is to operate San Albino profitably and fund exploration of prospective targets on its district-scale land package.
