Mako Mining Drill Results for San Albino West Pit in Nicaragua

Mako Mining has reported additional high-grade drill results from an area adjacent to the current open pit mining operations at the San Albino West Pit in northern Nicaragua. Two of the Company’s seven drill rigs are currently focused on this SW Pit area. The objectives of the SW Pit drilling program are to1. Increase the overall size of the San Albino Gold Deposit, which remains open along strike and at depth2. Test extensions of the mineralization beyond the permitted pit limit3. Provide information necessary to begin mining this area early next yearTo date a total of 32,436 meters in 259 drill holes (2011-2022) have been completed in the area. Most of the drilling intersected mineralization within, or immediately outside, the current permitted pit. Highlights of selected intercepts of the high-grade gold mineralization include:64.90 g/t Au and 87.7 g/t Ag over 2.00m (Estimated True Width-ETW)34.03 g/t Au and 26.8 g/t Ag over 2.20m (2.1m ETW)36.50 g/t Au and 51.3 g/t Ag over 1.10m (0.7m ETW)68.80 g/t Au and 60.6 g/t Ag over 0.60m (0.5m ETW)15.09 g/t Au and 20.5 g/t Ag over 2.70m (2.4m ETW)Mako Mining is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia in 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.