Mako Mining (MAKO) recovered 12,743 ounces of gold in Q3 2026 and reported permitting progress at Mt. Hamilton and San Albino. Gold sales totaled 11,581 ounces, generating approximately $50 million in revenue. Cash, securities and trade receivables totaled $119.3 million at September 30.
Moss throughput averaged 5,113 short tons daily, below its technical report's initial 8,500-ton target. Mako expects an upgrade to lift throughput above 12,000 short tons daily by Q3 2027. Mt. Hamilton received condemnation drilling permits on October 16, subject to posting and acceptance of a $265,205 reclamation bond; Mako anticipates first gold in December 2027. San Albino received Eureka exploration drilling permits two months ahead of schedule. Eagle Mountain executed a mineral agreement providing a 10-year stability framework; Mako expects to submit its final environmental and social impact assessment in Q4 2026, with approval shortly thereafter.
Mako Mining (MAKO) granted an aggregate of 60,000 stock options under its Omnibus Incentive Plan to two employees, with each receiving 30,000 options.
The options have an exercise price of C$13.92 per common share, equal to the 5-day VWAP of Mako’s shares on the TSXV before the grant date, and a five-year term expiring on September 17, 2031.
Mako Mining (MAKO) signed a non-binding LOI on September 11, 2026 with Sailfish Royalty for a 240‑month corporate-level gold stream and share-based consideration.
Sailfish would purchase fixed monthly volumes of refined gold from Mako, starting at 650 oz/month to August 1, 2028, rising to 750 oz to February 1, 2031, 900 oz to February 1, 2037, then 1,000 oz for the balance of the term. Sailfish will pay 25% of the LBMA PM Fix per delivered ounce. As consideration, Sailfish proposes to issue 70,000,000 shares at $5.76 each, expected to give Mako about 49% of Sailfish, subject to a four‑month plus one day hold and a 12‑month staged lock‑up.
The deal is a related party transaction controlled by Wexford and requires fairness opinions, an independent valuation under MI 61‑101, disinterested shareholder approvals, TSXV approval, extensive security over Mako assets, and execution of a definitive gold purchase agreement.
Mako Mining (MAKO) has signed a mineral agreement with the Government of Guyana and the Guyana Geology and Mines Commission for its 100%-owned Eagle Mountain Gold Project.
The agreement, structured under Guyana’s Mining Act, provides a 10-year stability framework covering legal, fiscal and operating conditions for mining and prospecting licences and related authorizations, with the option to renegotiate or renew thereafter. Terms on royalties, taxes, government protections and company commitments are described as consistent with prior mineral agreements in Guyana. Mako commits to environmental, community and social programs, including annual funding and contributions to the Ministry of Natural Resources’ Training Centre. The company plans to file the final ESIA in Q4 2026, with an environmental permitting decision expected afterwards.
Mako Mining (NASDAQ:MAKO) filed an independent NI 43-101 Technical Report for the Moss Mine mineral resources, mineral reserves and life-of-mine plan, dated August 17, 2026 with an effective date of June 30, 2026. The report, which supports a previously announced Moss Mine mineral resource estimate, is available on SEDAR+, EDGAR and the company’s website.
Mako Mining (NASDAQ:MAKO, TSXV:MKO) reported record Q2 2026 revenue of US$62.6 million, generating Adjusted EBITDA of US$31.7 million, Mine Operating Cash Flow of US$25.9 million and net income of US$13.9 million, or US$0.16 per share.
The company sold 14,610 oz of gold at an average realized price of US$4,201/oz, with cash costs of US$1,996/oz and AISC of US$2,286/oz (San Albino US$1,535/oz, Moss Mine US$3,708/oz). Mako reported ROE of 36.6% and ROA of 23.8%, and held US$112.9 million in cash, trade receivables and marketable securities.
Mako spent US$2.9 million on exploration and evaluation, mainly around San Albino and at Eagle Mountain. According to the company, existing cash and operating cash flow are expected to fully fund its two remaining development projects without external capital.
Mako Mining (NASDAQ:MAKO) reported Q2 2026 results from its San Albino mine in Nicaragua and Moss Mine in Arizona, with record gold sales of 14,610 oz Au generating approximately US$63 million in revenue. San Albino milled 53,120 tonnes at 7.54 g/t Au with 80.7% gold recovery and 97% mill availability, while quarter-end stockpiles totaled 120,119 tonnes grading 2.62 g/t Au for 10,105 contained ounces.
According to the company, cash, gold-linked securities and trade receivables reached US$112 million at June 30, 2026, up about US$15 million quarter-over-quarter, including roughly US$40 million reinvested in gold-linked securities. Mako also secured the 3,000-hectare Eureka concession immediately west of San Albino, expanding its Nicaraguan land position to 254 km2, and advanced predevelopment at Mt. Hamilton and permitting and drilling programs at the Eagle Mountain Project.
Mako Mining (NASDAQ:MAKO) reported a new NI 43-101 compliant mineral reserve and updated economics for the Moss Mine in Arizona.
The study outlines 597,744 oz Au and 6.30 Moz Ag in Proven and Probable reserves within 56.8 Mt, supporting a US$254M after-tax NPV5% and a 15-year mine life at US$3,500/oz Au and US$50/oz Ag. Life-of-mine production is estimated at 442,904 recovered gold ounces and 2.1 million recovered silver ounces, with no initial capital and US$86M sustaining capex funded from cash flow. Mako also announced a royalty settlement with Patriot Gold and noted ongoing royalty litigation with Royal Gold affiliates.
Mako Mining (NASDAQ:MAKO) reported record Q1 2026 revenue of $68.6 million, Adjusted EBITDA of $40.1 million, Mine OCF of $46.1 million and net income of $23.1 million ($0.26/share).
The company sold 13,721 oz of gold at an average realized price of $4,902/oz, with cash costs of $1,843/oz and AISC of $2,275/oz. Cash and trade receivables totaled $96.1 million, with ROE of 36.4% and ROA of 23.5%. Exploration spending reached $2.5 million across San Albino, Eagle Mountain and Mt. Hamilton.
Mako (Nasdaq:MAKO) reports new drilling at Las Conchitas, San Albino, intersecting high-grade gold including 26.98 g/t Au over 6.8 m ETW and extending mineralization >450 m of strike within an area fully permitted for mining. Drilling shows continuity along strike and at depth and supports potential pit expansion; development planned southwest of the Candelaria fault after the rainy season ends in Q4 2026.