Mako Mining has received approval to begin processing material from Las Conchitas, located south of the company’s San Albino gold mine in Nueva Segovia, Nicaragua.
The approval allows Mako to confirm metallurgical test results at a commercial scale while awaiting for full mining permits by the end of the year. Material will be extracted from six areas of interest – San Pablo, Mina Francisco, El Limon, Mango, Bayacun and Las Dolores – and will be processed at the San Albino plant.
“In July, Mako will begin processing 50% diluted vein material at the plant (with the remainder coming from stockpile material) instead of the approximately 35% we have been processing since February,” said CEO Akiba Leisman, noting that beginning next year the material will be the primary open-pit feed source for the plant.
The San Albino mine ranks as one of the highest-grade, open-pit gold mines globally.
Source: Mako Mining