Mako Mining Corp reported that the Ministry of Environmental and Natural Resources MARENA 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 as follows250,000 m of diamond drilling250,000 m of reverse circulation drilling300,000 m of blast hole drilling.The Company is also permitted to carry out up to 12,000 m 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 reported that the Ministry of Environmental and Natural Resources MARENA 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 as follows250,000 m of diamond drilling250,000 m of reverse circulation drilling300,000 m of blast hole drilling.The Company is also permitted to carry out up to 12,000 m 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.
