Mako Mining Reports Record Q1 2025 Gold Revenue of $31.5 Million

Mako Mining Corp. announced impressive production results for Q1 2025, generating a record gold revenue of $31.5 million. The San Albino mine in Nicaragua contributed significantly to this achievement, with 10,817 ounces of gold sold, despite recent acquisition activities. The acquisition of the Moss Mine in Arizona added an additional 936 ounces of gold sales.

Operational highlights for San Albino include mining 48,813 tonnes of material and processing 53,551 tonnes with a mill recovery of 85.3% for gold. The company has also made progress on its Eagle Mountain project in Guyana, continuing engineering and environmental studies for mine design and optimization.

Financially, Mako reported a cash balance of $14.2 million, even after significant investments and tax payments. The company remains focused on expanding its production capacity and improving efficiencies at its current operations.