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30 Dec 21, 4 tweets, 2 min read
$mko.v

Mako Mining Announces Drilling Permits for La Segoviana and Corporate Update makominingcorp.com/news/index.php…
$mko.v

We received drilling permits at La Segoviana (a few weeks ahead of schedule).

We also began the process of acquiring the most prospective areas of surface rights. I’ve mentioned this publicly before — I think Segoviana will be a mine w/in 3 years.
$mko.v

Cesar (VP Corp Dec) has also left the company to focus on his other endeavors — especially as Executive Chairman of $btr.v when Marc-Andre comes in as CEO in a few weeks.

We’re sorry to see him go.
$mko.v

Always fills me with Sweet Emotions that one of my favorite singers follows us so closely!!

iknnews.com/mako-mining-mk…

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More from @AkibaLeisman

Akiba Leisman Profile picture
31 Dec 20
$mko.v

Happy New Year to all Mako shareholders.

We end 2020 with our mine ready to be turned on in the New Year.

The goals for 2021 are:

Commercial Production in Q2

Resource delineation drilling at Las Conchitas

1st ever regional drilling program

Exciting year ahead! Image
$mko.v

Mining back in action!

Still only mined 2.5 benches of HG as we focus on stripping at about 20% of full capacity (to save $ pre-prod).

First 2 benches > 0.5 Oz/t!

Last 1/2 bench was caught in the great fire assay backlog of 2020. Should get those back next week. Image
$mko.v

Footings for tailings press done — last major piece that needs to be installed

LOTS of piping & connections being welded inside

Based on grades of bench above, that bus is sitting on a very valuable parking lot! I’ll report the 1/2 bench next week (week after latest). ImageImageImage
Read 137 tweets
Akiba Leisman Profile picture
12 May 20
$mko.v 1/8 OK Sharkheads.

Today’s thread is about sampling and dilution (key risk #3 of my pinned tweet). I have real time mining pictures below.

Punchline is tolerances are tight and dilution has been ~10%.

But data coming from just 1 or 2 benches ain’t worth schist.
$mko.v 2/8 Recap of what we’re doing.

6-8m blast holes, taking 1-1.5m samples along the way. With BH data, open up 3m half mining benches. Geologist mark contact with FW/HW with blue paint. With excavator, remove the waste up to paint. Then remove “ore” to the FW contact.
$mko.v 3/8 Blast holes have 2 problems.

1. geology is not so kind to have straight 1m lines, so sample grades at contact point will be diluted.

2. RC and DH have good corr., but BH systematically underreport high grade (we have data to support this — prob. because of fines)
Read 8 tweets
Akiba Leisman Profile picture
31 Dec 19
$mko.v Happy New Year to all Mako shareholders.

We end 2019 with our infill drilling at San Albino complete, and the plant approximately 40% done.

The crusher has been delivered (top right of the photo).

Mill has been purchased and both mill & lab equip are en route Image
$mko.v you can see that construction and civil works are rapidly advancing at our San Albino mine. This picture from yesterday. Image
$mko.v from an hour ago. Laboratory is well on pace to be finished by early Feb. The final delivery for our crusher was made over the weekend. Image
Read 111 tweets
Akiba Leisman Profile picture
16 Sep 19
1/ Crib Notes for those that are new to Mako Mining

3 projects:
1. Building 500tpd mine; one of the highest grade open-pit mines globally
2. Near mine exploration — goal of doubling production by 2022
3. Regional exploration to prove that this is an orogenic camp
2/ Key Risks

1. We’re in Nicaragua (lovely and SAFE country, BTW)
2. Developing mine on basis of PEA
3. Shallow dipping structures may lead to mining dilution
4. Grade variability
3/ Key Opportunities

1. Infill results showing grades much higher than resource est.
2. Exploration drilling has systematically discovered similar material to the mine
3. 23km of untested strike
4. Underground — if economic, could be order of magnitude bigger than open pit.
Read 4 tweets

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