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Mako Mining Announces Additional Positive Drill Results in Nicaragua

Mining News - Published on Wed, 21 Aug 2019

Image Source: Mining.com
Mako Mining Corp announced additional positive drill results from the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia, Nicaragua. The objective of the 2019 drilling campaign is to test high priority exploration targets within the Las Conchitas area, identified by trenching, geochemical soil surveys, extensive geological mapping and sampling of historical workings.

The El Limon Zone was identified by a large 570 m by 280 m gold in soils anomaly, oriented in a northeast-southwest direction. The El Limon soil anomaly appears to be a continuation of the Mango gold geochemical anomaly which has been tested and confirmed by drilling.

The Company has completed 13 shallow drill holes totaling 1,060 m at the El Limon Zone, with a goal to test the strike and dip extension of the Mango Zone, where the Company intersected the highest gold grade drilled to date of 376.49 g/t Au over 1 m in drill hole LC19-70.

Drill hole LC19-101 intersected two mineralized zones, separated by a 2.5 m interval of low grade gold mineralization as follows: 4.62 g/t Au and 12.0 g/t Ag over 2.1 m and 19.55 g/t Au and 40.6 g/t Ag over 1.2 m. This hole is located approximately 320 m southwest, and along strike, of drill hole LC11 -01, which intersected 69.96 g/t Au and 61.7 g/t Ag over 3.0 m.

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Posted By : Sanju Moirangthem on Wed, 21 Aug 2019
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