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Mako Mining Corp. reported a very strong Q1 2026, led by record gold sales of 13,721 ounces and revenue of $68.6 million from its San Albino mine in Nicaragua and Moss Mine in Arizona. Average realized gold price was $4,904 per ounce.
The company ended the quarter debt free with cash and trade receivables of $96.1 million as of March 31, 2026, after paying a previously accrued $13.2 million annual tax. San Albino milled 53,638 tonnes at 7.70 g/t gold with 80.1% recovery, while Moss Mine sold 3,323 ounces of gold and 16,023 ounces of silver. Mako advanced its Eagle Mountain project in Guyana by submitting an Environmental and Social Impact Assessment and prepared to commence construction at the Mt. Hamilton project in Nevada. The company also granted stock options, RSUs and DSUs to executives, employees and directors under its incentive plan.