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Mako Mining Corp. press release

Mako Mining Provides Regional Exploration Update, Including Further Confirmation of up to 850 Meters of Strike Potential at Las Conchitas and Multiple High-Grade Channel Samples Across Four Prospects at La Segoviana Yielding Grades of up to 82.5 g/t Gold Over 1.0 Meter

TSXV - TSX Venture Exchange · Gold · Silver · Canada · Drill Results

Canada NewsWire

TSX-V: MKO; OTCQX: MAKOF

VANCOUVER, BC , Aug. 18, 2021 /CNW/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") is pleased to report positive drill results from the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia , Nicaragua , and from its ongoing reconnaissance exploration program on its La Segoviana exploration and exploitation concession ("La Segoviana"). The Las Conchitas area is located approximately 2.5 kilometers ("km") south of the San Albino gold mine ("San Albino") which is currently in commercial production, and the prospects at La Segoviana are up to 21 km north of San Albino.

Las Conchitas Highlights

Recent drilling and geological modeling demonstrate that there is good lateral continuity and potential to connect the Bayacun Zone with the Las Dolores Zone, which could significantly expand the strike and dip potential of the southern part of the Las Conchitas area

Current interpretations are connecting the strike extent of Bayacun/Las Dolores with Cruz Grande 850 meters ("m") to the northeast which previously intersected 23.63 g/t Au over 5.65 m (see press release dated December 5, 2018 ) and the strike remains open to the northeast

Drill hole assay highlights:

La Segoviana Highlights

Initial mapping and sampling have identified at least four prospects (La Reforma, El Silencio, San Luis – Caballo and Minas America) within La Segoviana with high-grade gold values and vein-characteristics like those currently being mined at San Albino up to 21 km to the south (see attached map)

Sample assay highlights (by prospect):

Akiba Leisman , Chief Executive Officer of Mako states that, "we are always working on three objectives simultaneously; profitably operating our 500 tonne per day gold mining operation at San Albino, developing a maiden resource at Las Conchitas to double the size of our operations, and conducting regional exploration to prove that we have an orogenic gold mining district. Today's results highlight the progress at developing a maiden resource at Las Conchitas and the reconnaissance exploration success at La Segoviana, which is becoming a top regional target in our emerging orogenic gold district."

Las Conchitas

The Las Conchitas area covers approximately 3.75 square km (versus 0.6 square km for the San Albino Deposit) and is situated immediately to the south of San Albino, where the Company is currently operating a 500 tonne per day ("tpd") mining and milling operation (see attached map), and immediately to the north of the historical El Golfo Mine located within the Company's El Jicaro Concession.

Las Conchitas contains numerous mineralized structures over a 1,700 m by 800 m area, which has been subdivided into three primary areas: Las Conchitas north ("LC-North"), Las Conchitas central ("LC-Central") and Las Conchitas south ("LC-South"). Each of these areas are comprised of multiple subparallel, northeast-southwest striking and gently dipping mineralized veins.

During the 2019-21 Las Conchitas drilling campaign, the Company completed 344 drill holes totaling 27,962.50 m . Most of the drilling (over 94%) has been completed at LC-South, which measures approximately 530 m by 850 m and has been tested to a vertical depth of 150 m .

LC-South is comprised of four mineralized zones, Las Dolores, Bayacun, Mango and El Limon. Drilling to date has established Bayacun as having the best structural and grade continuity to date at LC-South.

Previously announced Bayacun assay highlights:

50.1 g/t Au and 40.6 g/t Ag over 0.8 m true width at 3m from surface, and 45.79 g/t Au and 17.3 g/t Ag over 1.0 m true width (see press release dated December 14, 2020 )

40.17 g/t Au and 26.8 g/t Ag over 1.95 m true width at 2.5 m from surface, 14.42 g/t Au and 20.1 g/t Ag over 4.4 m true width, and 22.30 g/t Au and 20.0 g/t Ag over 3.0 m true width (see press release dated October 22, 2020 )

22.26 g/t Au and 44.6 g/t Ag over 4.30 m , 11.71 g/t Au and 25.5 g/t Ag over 5.00 m true width, and 28.21 g/t Au and 43.1 g/t Ag over 2.70 m true width (see press release dated August 31, 2020 )

40.52 g/t Au and 67.3 g/t Ag over 2.10 m true width, and 16.90 g/t Au and 22.9 g/t Ag over 4.30 m true width (see press release dated June 22, 2020 )

23.11 g/t Au and 20.5 g/t Ag over 3.0 m true width, and 93.3 g/t Au and 61.4 g/t Ag over 0.8 m true width (see press release dated June 15, 2020 )

The focus of the Las Conchitas drilling campaign in this press release was to find the margins of the Bayacun Zone and to test the Mango Zone, which is situated approximately 70 m above Bayacun. While the Mango Zone is generally considered to have less structural and grade continuity than the Bayacun Zone, exploration success at Mango is expected to reduce the potential strip ratio and deepen the ultimate pit limits when modeling an open pit at Bayacun.

The mineralized zones, consisting of multiple parallel quartz veins, are trending in a northeast-southwest direction, and shallowly dip to the northwest, following the topography. Recent drilling and geological modeling demonstrate that these mineralized zones have a good lateral continuity and potential to connect. Specifically, Bayacun and Las Dolores are demonstrating potential to connect, which could significantly expand the strike and dip of the LC-South area.

The Company has received assay results from 161 holes, which continue to demonstrate continuity and the high-grade nature of the mineralized zones within LC-South area. The drilling results are highlighted by hole LC20-175 (Mango Zone), which had multiple intersections including 34.51 g/t Au and 42.4 g/t Ag over 1.0 m (true width), at a vertical depth of 97 m and collared approximately 25 m down dip to the west from hole LC20-157, which also intersected multiple mineralized intervals (see table below). These results further expand a known area of high-grade mineralization.

LC20-198, was drilled to test the down dip extension of the high-grade mineralization within the Mango zone, where it intersected an interval of 82.29 g/t Au and 30.2 g/t Ag over 0.5 m (true width) at 59.5 m from surface (see attached cross section). Originally this high-grade zone was intersected by drill hole LC19-70 (approximately 110 m to the southeast), which recorded the highest gold grade drilled to date of 376.49 g/t Au and 103.0 g.t Ag over 1 m (see press release on May 6, 2019 ).

Drill hole LC20-323, tested a surface exposure of the Las Dolores Zone and intersected, at only one meter below surface, an interval of 7.39 g/t Au and 23.6 g/t Ag over 3.0 m ( 2.5 m true width). Approximately 100 m to the northwest, drill hole LC21-333 intersected an interval 52 m from the surface of 9.13 g/t Au and 8.8 g/t Ag over 2.0 m ( 1.8 m true width), confirming a down dip extension of high-grade mineralization.

Hole LC20-323 is important because it intersected a relatively intact vein and extended the strike of Las Dolores to the northeast where previous drilling had indicated a zone of heavily disturbed and highly brecciated mineralization that is generally associated with the presence of lower grade mineralization. Furthermore, after updating the geological model it appears that Las Dolores may continue 850 m to the northeast, connecting it to the Cruz Grande Zone, where hole CG18-24 previously intersected 23.63 g/t Au over 5.65 m (see press release dated December 5, 2018 ) and the strike remains open to the northeast. The Company plans to drill in between these two intercepts to confirm the modelling of this area later this year (see attached long section).

La Segoviana

The current reconnaissance exploration program covers the northern portion of the La Segoviana Concession and includes geological mapping and sampling of exposed mineralized veins, local mine dumps and, where safely accessible, underground workings.

The primary goal of this initial exploration program was to collect key structural data of the mineralized veins, confirm the high-grade nature of gold mineralization and map historical surface and underground workings. This data will be used to prioritize targets for follow-up exploration and drilling.

Initial mapping and sampling at the La Segoviana Concession are confirming the existence of high-grade gold mineralization over a significant strike potential at four prospects including, La Reforma, El Silencio, San Luis-Caballo and Minas America; although, additional mapping is required to determine the true strike and dip of the individual veins. The prospects cover a linear distance of approximately 6 km.

Work to date confirms that the structural setting and style of mineralization found at La Segoviana is almost identical to San Albino and to the numerous other showings within all four of the Company's exploration and exploitation concessions. The gold mineralization occurs in fault-controlled quartz veins and occasionally in the immediate surrounding host rock which often contains several parallel gold-bearing veinlets. Veins are typically 1 m thick, with a NE-SW or N-S orientation and a shallow, 15-20 degrees dip. A total of 278 samples were collected from quartz veins exposed in prospects and historical workings, as well as historical dumps with gold assays up to 82.50 g/t Au.

The Environmental Impact Assessment required for the upcoming exploration program at La Segoviana is nearly completed and the permitting process has been initiated. The exploration permit for trenching and drilling on this 3,845.8 hectare (38.5 square km) concession is expected to be awarded by the end of the year.

La Reforma

La Reforma is situated approximately 1 km south from the northern boundary of the concession, approximately 20 km north of San Albino, and is comprised of nine historical adits or tunnels (one is collapsed), several shafts and small pit, dumps and a remnant of a historical mill. Additional mapping within the area identified a 6 m deep vertical shaft, situated approximately 150 m from a previously sampled tunnel (See May 3, 2021 press release) where channel sampling of a vein yielded 43.50 g/t Au and 40.3 g/t Ag over 1.0 m and 38.20 g/t Au and 33.1 g/t Ag over 1.0 m .

Four samples were collected from the newly discovered shaft with values of 18.10 g/t Au and 51.0 g/t Ag over 1.5 m , 40.20 g/t Au and 73.0 g/t Ag over 1.0 m , 65.10 g/t Au and 113.0 g/t Ag over 1.0 m and 82.50 g/t Au and 169.0 g/t Ag over 1.0 m . These samples indicate the potential extension of the structure over 150 m down dip.

El Silencio

The El Silencio prospect is situated at the northern boundary of the concession, approximately 21 km north of San Albino. The initial prospecting (see press release dated May 3, 2021 ) confirmed evidence of historical mining activities and traced more recent small-scale underground and surface workings done by locals. The initial sampling of the historical workings yielded results of 40.70 g/t Au and 16.1 g/t Ag over 1.0 m and 13.80 g/t Au and 11.7 g/t Ag over 1.0 m respectively. The follow up prospecting identified additional workings where sampling of a vein within Tunnel #2, returned values of up to 31.80 g/t Au and 36.0 g/t Ag over 1.5 m and 16.10 g/t Au and 14.8 g/t Ag over 1.2 m .

San Luis-Caballo

The prospect comprises two showings, San Luis and Caballo, which appear to be developed on the same structure as at the La Reforma prospect, for a total of 400 m strike length. Preliminary mapping and sampling indicate that this area has some of the most extensive historical workings on the La Segoviana concession. The workings mainly consist of narrow tunnels, limited in depth and excavated along the veins. Five historical adits, several pits and a shaft were located and sampled. Recent samples of the vein in Tunnel #1 yielded 19.40 g/t Au and 8.7 g/t Ag over 2.0 m , 15.80 g/t Au and 11.2 g/r Ag over 1.0 m , 16.50 g/t Au and 11.5 g/t Ag over 1.0 m , 15.40 g/t Au and 4.7 g/t Ag over 1.0 m , 18.20 g/t Au and 39.0 g/t Ag over 1.0 m and 10.90 g/t Au and 23.0 g/t Ag over 1.0 m respectively. Sampling of the Tunnel #3 also returned high grade values of up to 13.10 g/t Au and 10.7 g/t Ag over 1.5 m .

Minas America

Minas Americas is situated approximately 500 m south of the San Luis- Caballo prospect. This prospect covers an area of approximately 450 m by 450 m and comprises four prospects, Mina America , Valladares, San Cristobal and Estrellita, as well as numerous historical underground and surface workings. The area was first mined in the 1800's and more recently by local, small-scale miners using manual mining methods. The Company recently conducted sampling within the area, which yielded 19.80 g/t Au and 72.0 g/t Ag over 1.4 m in the Cut #2 ( Mina America ), and sampling at the San Cristobal prospect of 11.40 g/t Au and 71.0 g/t Ag over 1.3 m and 29.80 g/t Au and 29.0 g/t Ag over 1.0 m .

| Drill Hole | From (m) | To (m) | Width (m)* | Au (g/t) | Ag (g/t) | Interval | True

Width (m)* | Zone | | LC19-134 | 72.70 | 73.90 | 1.20 | 1.62 | 5.3 | 1.62 g/t Au and 5.3 g/t Ag over 1.20m | 1.10 | Mango | | LC19-139 | 49.20 | 50.10 | 0.90 | 1.49 | 5.5 | 1.49 g/t Au and 5.5 g/t Ag over 0.90m | 0.70 | Mango | | LC20-149 | 83.30 | 83.90 | 0.60 | 5.17 | 8.3 | 5.17 g/t Au and 8.3 g/t Ag over 0.60m | 0.60 | Mango | | LC20-152 | 6.40 | 7.90 | 1.50 | | | Void | | El Limon | | 15.00 | 16.00 | 1.00 | 1.09 | 3.5 | 1.09 g/t Au and 3.5 g/t Ag over 1.00m | 1.00 | | | | 17.40 | 18.20 | 0.80 | 1.36 | 9.4 | 1.86 g/t Au and 8.3 g/t Ag over 1.60m | 1.50 | | | | 18.20 | 19.00 | 0.80 | 2.36 | 7.1 | | | | | | LC20-155 | 27.00 | 28.50 | 1.50 | 1.04 | 1.0 | 1.04 g/t Au and 1.0 g/t Ag over 1.50m | 1.30 | El Limon | | LC20-157 | 60.40 | 61.20 | 0.80 | 4.71 | 3.6 | 4.71 g/t Au and 3.6 g/t Ag over 0.80m | 0.70 | Upper Mango | | 73.40 | 74.70 | 1.30 | 3.72 | 13.4 | 3.72 g/t Au and 13.4 g/t Ag over 1.30m | 1.20 | Upper Mango | | | 114.60 | 115.10 | 0.50 | 5.29 | 5.0 | 5.29 g/t Au and 5.0 g/t Ag over 0.50m | 0.40 | Mango | | | LC20-159 | 72.70 | 73.70 | 1.00 | 1.31 | 3.1 | 1.19 g/t Au and 2.5 g/t Ag over 3.00m | 2.70 | Mango | | 73.70 | 74.70 | 1.00 | 0.03 | 0.4 | | | | | | 74.70 | 75.70 | 1.00 | 2.18 | 3.9 | | | | | | LC20-169 | 55.50 | 56.50 | 1.00 | 4.29 | 6.0 | 2.40 g/t Au and 5.2 g/t Ag over 3.00m | 2.70 | Bayacun | | 56.50 | 57.50 | 1.00 | 1.67 | 6.5 | | | | | | 57.50 | 58.50 | 1.00 | 1.26 | 3.0 | | | | | | LC20-170 | 90.50 | 91.00 | 0.50 | 1.68 | 2.7 | 1.68 g/t Au and 2.7 g/t Ag over 0.50m | 0.50 | Mango | | LC20-171 | 51.50 | 52.00 | 0.50 | 3.74 | 54.9 | 3.74 g/t Au and 54.9 g/t Ag over 0.50m | 0.50 | Upper Mango | | 58.90 | 59.50 | 0.60 | 2.27 | 16.4 | 1.99 g/t Au and 9.21 g/t Ag over 1.60m | 1.50 | Mango | | | 59.50 | 60.00 | 0.50 | 0.05 | 0.7 | | | | | | 60.00 | 60.50 | 0.50 | 3.59 | 9.1 | | | | | | LC20-172 | 61.50 | 62.05 | 0.55 | 7.05 | 35.9 | 7.05 g/t Au and 35.9 g/t Ag over 0.55m | 0.45 | Upper Mango | | 94.50 | 95.00 | 0.50 | 3.04 | 2.2 | 5.75 g/t Au and 4.3 g/t Ag over 1.00m | 0.90 | Mango | | | 95.00 | 95.50 | 0.50 | 8.47 | 6.4 | | | | | | LC20-173 | 30.00 | 31.00 | 1.00 | 1.18 | 4.3 | 1.18 g/t Au and 4.3 g/t Ag over 1.00m | 0.90 | El Limon | | 88.50 | 89.20 | 0.70 | 1.60 | 9.2 | 3.64 g/t Au and 11.2 g/t Ag over 1.40m | 1.30 | Mango | | | 89.20 | 89.90 | 0.70 | 5.67 | 13.2 | | | | | | LC20-175 | 13.60 | 15.10 | 1.50 | 12.81 | 7.8 | 12.81 g/t Au and 7.8 g/t Ag over 1.50m | 1.50 | El Limon | | 81.00 | 81.50 | 0.50 | 1.82 | 2.1 | 1.82 g/t Au and 2.1 g/t Ag over 0.50m | 0.50 | Mango | | | 111.80 | 112.30 | 0.50 | 11.55 | 25.6 | 34.51 g/t Au and 42.4 g/t Ag over 1.00m | 1.00 | Mango | | | 112.30 | 112.80 | 0.50 | 57.47 | 59.1 | | | | | | LC20-176 | 19.90 | 21.00 | 1.10 | 4.63 | 8.8 | 4.63 g/t Au and 8.8 g/t Ag over 1.10m | 1.00 | El Limon | | 82.90 | 84.20 | 1.30 | 5.28 | 2.2 | 5.28 g/t Au and 2.2g/t Ag over 1.30m | 1.10 | Mango | | | LC20-177 | 71.00 | 71.50 | 0.50 | 29.78 | 22.2 | 29.78 g/t Au and 22.2 g/t Ag over 0.50m | 0.50 | Mango | | 71.50 | 72.20 | 0.70 | 0.09 | 1.1 | | | | | | 72.20 | 72.80 | 0.60 | 0.88 | 1.8 | | | | | | LC20-178 | 49.50 | 50.50 | 1.00 | 1.99 | 1.3 | 1.99 g/t Au and 1.3 g/t Ag over 1.00m | 0.90 | Upper Mango | | 79.50 | 80.50 | 1.00 | 1.4 | 0.9 | 1.40 g/t Au and 0.9 g/t Ag over 1.00m | 0.90 | Mango | | | 89.90 | 90.90 | 1.00 | 1.76 | 4.3 | 1.76 g/t Au and 4.3 g/t Ag over 1.00m | 0.90 | Mango | | | LC20-179 | 6.00 | 8.20 | 2.20 | | | Void | | | | 39.00 | 40.00 | 1.00 | 3.29 | 1.8 | 3.29 g/t Au and 1.8 g/t Ag over 1.00m | 0.90 | El Limon | | | LC20-190 | 92.00 | 93.00 | 1.00 | 2.43 | 4.9 | 2.43 g/t Au and 4.9 g/t Ag over 1.00m | 0.90 | Mango | | LC20-192 | 80.30 | 81.30 | 1.00 | 1.33 | 1.2 | 1.33 g/t Au and 1.2 g/t Ag over 1.00m | 0.90 | Mango | | LC20-194 | 53.50 | 54.50 | 1.00 | 6.77 | 20.4 | 6.77 g/t Au and 20.4 g/t Ag over 1.00m | 0.90 | Mango | | LC20-195 | 55.50 | 56.50 | 1.00 | 2.61 | 11.5 | 7.29 g/t Au and 28.7 g/t Ag over 2.00m | 1.90 | Mango | | 56.50 | 57.50 | 1.00 | 11.96 | 45.8 | | | | | | LC20-196 | 67.10 | 68.30 | 1.20 | 2.79 | 10.9 | 2.79 g/t Au and 10.9 g/t Ag over 1.20m | 1.00 | Mango | | LC20-197 | 76.00 | 76.80 | 0.80 | 2.81 | 2.2 | 2.81 g/t Au and 2.2 g/t Ag over 0.80m | 0.70 | Mango | | LC20-198 | 59.50 | 60.00 | 0.50 | 82.29 | 30.2 | 82.29 g/t Au and 30.2 g/t Ag over 0.50m | 0.50 | Mango | | LC20-200 | 11.30 | 12.80 | 1.50 | 6.28 | 13.6 | 6.28 g/t Au and 13.6 g/t Ag over 1.50m | 1.15 | Upper Mango | | 44.00 | 44.70 | 0.70 | 2.56 | 16.2 | 2.56 g/t Au and 16.2 g/t Ag over 0.70m | 0.60 | Mango | | | LC20-201 | 8.00 | 9.00 | 1.00 | | | Void | | | | 21.90 | 22.70 | 0.80 | 1.44 | 19.8 | 1.44 g/t Au and 19.8 g/t Ag over 0.80m | 0.50 | Mango | | | LC20-202 | 11.00 | 11.60 | 0.60 | 6.37 | 34.7 | 6.37 g/t Au and 34.7 g/t Ag over 0.60m | 0.50 | Mango | | LC20-203 | 17.50 | 18.50 | 1.00 | 2.27 | 2.5 | 1.48 g/t Au and 2.3 g/t Ag over 2.50m | 2.40 | Mango | | 18.50 | 19.50 | 1.00 | 0.87 | 1.5 | | | | | | 19.50 | 20.00 | 0.50 | 1.12 | 3.3 | | | | | | LC20-205 | 2.00 | 3.00 | 1.00 | 2.13 | 2 | Historical Dump | | | | LC20-206 | 0.00 | 1.50 | 1.50 | 1.57 | 5.5 | Historical Dump | | | | 1.50 | 2.50 | 1.00 | 1.14 | 1.5 | | | | | | 11.00 | 12.00 | 1.00 | 7.45 | 3.7 | 7.45 g/t Au and 3.7 g/t Ag over 1.00m | 1.00 | Upper Mango | | | LC20-207 | 0.00 | 1.00 | 1.00 | 1.96 | 2.1 | Historical Dump | | | | 1.00 | 2.00 | 1.00 | 6.23 | 4.0 | | | | | | 2.00 | 3.00 | 1.00 | 1.26 | 2.2 | | | | | | 79.00 | 79.50 | 0.50 | 10.60 | 14.0 | 10.6 g/t Au and 14.0 g/t Ag over 0.50m | 0.30 | Mango | | | LC20-208 | 44.00 | 44.50 | 0.50 | 2.17 | 3.7 | 2.17 g/t Au and 3.7 g/t Ag over 0.50m | 0.40 | Mango | | LC20-227 | 112.70 | 113.30 | 0.60 | 1.40 | 1.4 | 1.40 g/t Au and 1.4 g/t Ag over 0.60m | 0.45 | Bayacun | | LC20-235 | 0.00 | 1.50 | 1.50 | 9.53 | 10.8 | Historical Dump | | | | 1.50 | 2.50 | 1.00 | 6.97 | 11.8 | | | | | | 2.50 | 4.00 | 1.50 | 5.08 | 5.8 | | | | | | LC20-236 | 0.00 | 1.50 | 1.50 | 15.75 | 11.5 | Historical Dump | | | | 1.50 | 2.50 | 1.00 | 7.76 | 16.8 | | | | | | 2.50 | 3.50 | 1.00 | 8.32 | 15.3 | | | | | | LC20-237 | 0.00 | 1.50 | 1.50 | 1.03 | 1.8 | Historical Dump | | | | 1.50 | 3.00 | 1.50 | 1.66 | 2.7 | | | | | | 4.50 | 5.60 | 1.10 | 18.85 | 12.3 | 5.47 g/t Au and 5.4 g/t Ag over 4.70m | 4.50 | Bayacun | | | 5.60 | 6.30 | 0.70 | 1.13 | 2.6 | | | | | | 6.30 | 7.00 | 0.70 | 0.03 | 1.1 | | | | | | 7.00 | 8.20 | 1.20 | 2.08 | 2.3 | | | | | | 8.20 | 9.20 | 1.00 | 1.65 | 6.6 | | | | | | LC20-239 | 0.00 | 1.00 | 1.00 | 9.04 | 10.4 | Historical Dump | | | | LC20-240 | 0.00 | 1.50 | 1.50 | 2.86 | 6.9 | Historical Dump | | | | LC20-241 | 0.00 | 1.50 | 1.50 | 1.14 | 1.3 | Historical Dump | | | | LC20-245 | 0.00 | 1.00 | 1.00 | 2.26 | 2.4 | Historical Dump | | | | 4.50 | 6.00 | 1.50 | 1.94 | 5.2 | 1.94 g/t Au and 5.2 g/t Ag over 1.50m | 1.30 | Las Dolores | | | LC20-249 | 50.00 | 50.50 | 0.50 | 25.65 | 46.2 | 25.65 g/t Au and 46.2 g/t Ag over 0.50m | 0.30 | Mango | | 53.30 | 54.40 | 1.10 | 3.39 | 1.6 | 3.39 g/t Au and 1.6 g/t Ag over 1.10m | 0.90 | | | | LC20-250 | 37.50 | 38.40 | 0.90 | 4.60 | 2.2 | 4.60 g/t Au and 2.2 g/t Ag over 0.90m | 0.80 | Mango | | LC20-251 | 33.50 | 35.00 | 1.50 | 1.49 | 4.4 | 1.49 g/t Au and 4.4 g/t Ag over 1.50m | 1.30 | Upper Mango | | LC20-252 | 22.00 | 23.20 | 1.20 | 2.74 | 3.7 | 2.74 g/t Au and 3.7 g/t Ag over 1.20m | 1.00 | Mango | | LC20-253 | 60.50 | 61.50 | 1.00 | 0.23 | 0.3 | 1.44 g/t Au and 0.5 g/t Ag over 1.00m | 0.90 | Upper Bayacun | | 61.50 | 62.50 | 1.00 | 1.44 | 0.5 | | | | | | LC20-254 | 0.00 | 1.30 | 1.30 | 1.10 | 1.7 | Historical Dump | | | | LC20-255 | 0.00 | 0.80 | 0.80 | 7.38 | 16.2 | Historical Dump | | | | 14.00 | 15.00 | 1.00 | 1.87 | 2.5 | 1.87 g/t Au and 2.5 g/t Ag over 1.00m | 0.80 | Upper Mango | | | LC20-256 | 17.90 | 18.90 | 1.00 | 1.07 | 4.5 | 1.07 g/t Au and 4.5 g/t Ag over 1.00m | 0.80 | Mango | | LC20-257 | 26.00 | 27.00 | 1.00 | 1.14 | 5.2 | 1.14 g/t Au and 5.2 g/t Ag over 1.00m | 0.90 | Mango | | 30.00 | 31.00 | 1.00 | 5.86 | 3.7 | 5.86 g/t Au and 3.7 g/t Ag over 1.00m | 0.80 | | | | LC20-258 | 1.00 | 4.00 | 3.00 | 1.61 | 15.7 | Historical Dump | | | | 8.90 | 10.00 | 1.10 | 0.95 | 3.1 | Anomalous Values | | | | | LC20-259 | 0.00 | 1.50 | 1.50 | 1.48 | 18.8 | Historical Dump | | | | 6.20 | 6.90 | 0.70 | 5.17 | 14.7 | 5.17 g/t Au and 14.7 g/t Ag over 0.70m | 0.50 | Upper Mango | | | LC20-260 | 0.00 | 1.20 | 1.20 | 1.58 | 3.6 | Historical Dump | | | | 1.20 | 3.10 | 1.90 | 5.01 | 30.2 | | | | | | 3.60 | 4.10 | 0.50 | 3.56 | 4.8 | Historical Dump | | | | | LC20-261 | 10.00 | 11.00 | 1.00 | 11.89 | 19.0 | 6.60 g/t Au and 11.6 g/t Ag over 2.00m | 1.90 | Upper Mango | | 11.00 | 12.00 | 1.00 | 1.30 | 4.2 | | | | | | 29.50 | 30.50 | 1.00 | 4.88 | 1.2 | 4.88 g/t Au and 1.2 g/t Ag over 1.00m | 1.00 | Mango | | | 35.50 | 36.30 | 0.80 | 21.06 | 6.9 | 21.06 g/t Au and 6.9 g/t Ag over 0.80m | 0.70 | | | | LC20-262 | 7.40 | 9.00 | 1.60 | 2.60 | 18.2 | 2.60 g/t Au and 18.2 g/t Ag over 1.60m | 1.50 | Upper Mango | | 9.00 | 12.00 | | | | Void | | | | | 12.00 | 13.50 | 1.50 | 2.89 | 21.1 | 2.89 g/t Au and 21.1 g/t Ag over 1.50m | 1.50 | Upper Mango | | | 38.50 | 39.50 | 1.00 | 1.91 | 14.1 | 1.91 g/t Au and 14.1 g/t Ag over 1.00m | 0.80 | Mango | | | LC20-266 | 70.30 | 71.20 | 0.90 | 10.30 | 35.5 | 10.30 g/t Au and 35.5 g/t Ag over 0.90m | 0.90 | Bayacun | | LC20-267 | 13.50 | 14.50 | 1.00 | 1.36 | 2.3 | 1.36 g/t Au and 2.3 g/t Ag over 1.00m | 0.80 | Upper Bayacun | | 14.50 | 16.00 | 1.50 | 0.94 | 1.2 | | | | | | LC20-318 | 36.00 | 36.70 | 0.70 | 1.40 | 1.8 | 6.93 g/t Au and 5.3 g/t Ag over 2.70m | 2.50 | Upper Bayacun | | 36.70 | 37.50 | 0.80 | 13.19 | 9.1 | | | | | | 37.50 | 38.70 | 1.20 | 5.98 | 4.9 | | | | | | LC20-323 | 1.00 | 2.20 | 1.20 | 1.35 | 11.8 | 7.39 g/t Au and 23.6 g/t Ag over 3.00m | 2.50 | Las Dolores | | 2.20 | 3.10 | 0.90 | 1.45 | 8.9 | | | | | | 3.10 | 4.00 | 0.90 | 21.38 | 54.1 | | | | | | LC20-326 | 23.00 | 23.90 | 0.90 | 1.42 | 3.2 | 1.42 g/t Au and 3.2 g/t Ag over 0.90m | 0.85 | Las Dolores | | LC20-327 | 29.50 | 30.00 | 0.50 | 1.08 | 3.9 | 6.49 g/t Au and 9.8 g/t Ag over 2.00m | 1.90 | Las Dolores | | 30.00 | 31.50 | 1.50 | 8.29 | 11.7 | | | | | | LC20-328 | 4.50 | 5.50 | 1.00 | | | Void | | | | LC21-333 | 51.80 | 52.80 | 1.00 | 11.41 | 12.6 | 9.13 g/t Au and 8.8 g/t Ag over 2.00m | 1.80 | Las Dolores | | 52.80 | 53.80 | 1.00 | 6.85 | 4.9 | | | | | | 55.80 | 56.80 | 1.00 | 2.14 | 1.5 | 2.14 g/t Au and 1.5 g/t Ag over 1.00m | 0.75 | | | | LC21-336 | 21.90 | 22.90 | 1.00 | 4.54 | 1.8 | 4.54 g/t Au and 1.8 g/t Ag over 1.00m | 0.90 | Upper Las Dolores | | LC21-339 | 16.35 | 17.40 | 1.05 | 9.94 | 19.9 | 9.94 g/t Au and 19.9 g/t Ag over 1.05m | 1.00 | Las Dolores | | LC21-344 | 7.00 | 8.30 | 1.30 | 1.23 | 1.7 | 1.23 g/t Au and 1.7 g/t Ag over 1.30m | 1.20 | Las Dolores | | LC21-353 | 38.45 | 39.10 | 0.65 | 1.47 | 7.0 | 1.47 g/t Au and 7.0 g/t Ag over 0.65m | 0.50 | Las Dolores | | 40.55 | 41.10 | 0.55 | 6.61 | 17.6 | 6.61 g/t Au and 17.6 g/t Ag over 0.55m | 0.40 | | | | LC21-360 | 16.00 | 17.00 | 1.00 | 1.36 | 0.8 | 1.36 g/t Au and 0.8 g/t Ag over 1.00m | 0.80 | Las Dolores | | LC21-382 | 6.00 | 6.70 | 0.70 | 0.35 | 0.2 | Anomalous Values | | | | 6.70 | 7.50 | 0.80 | 0.54 | 0.5 | | | | | | 10.50 | 11.50 | 1.00 | 1.72 | 0.9 | 1.72 g/t Au and 0.9 g/t Ag over 1.00m | | Upper Las Dolores | | | 77.00 | 78.00 | 1.00 | 1.03 | 0.6 | 3.76 g/t Au and 3.5 g/t Ag over 4.80m | 3.80 | Las Dolores | | | 78.00 | 79.00 | 1.00 | 7.87 | 5.7 | | | | | | 79.00 | 80.00 | 1.00 | 0.08 | 1.4 | | | | | | 80.00 | 81.00 | 1.00 | 4.24 | 5.1 | | | | | | 81.00 | 81.80 | 0.80 | 6.07 | 4.9 | | | | | | LC21-384 | 69.30 | 70.40 | 1.10 | 1.55 | 1.2 | 2.78 g/t Au and 3.8 g/t Ag over 2.20m | 2.00 | Las Dolores | | 70.40 | 71.50 | 1.10 | 4.01 | 6.3 | | | | | | LC21-388 | 9.50 | 10.50 | 1.00 | 0.16 | 0.4 | Anomalous Values | | | | 17.00 | 18.00 | 1.00 | 0.12 | 0.4 | Anomalous Values | | | | | 44.90 | 45.60 | 0.70 | 5.66 | 3.8 | 5.66 g/t Au and 3.8 g/t Ag over 0.70m | 0.65 | Las Dolores | | | LC21-398 | 1.90 | 2.70 | 0.80 | 0.50 | 0.6 | Anomalous Values | | | | 2.70 | 3.50 | 0.80 | 0.34 | 0.2 | | | | | | 74.00 | 75.00 | 1.00 | 4.26 | 11.0 | 4.32 g/t Au and 7.8 g/t Ag over 2.00m | 1.80 | Las Dolores | | | 75.00 | 76.00 | 1.00 | 4.39 | 4.5 | | | | | | LC21-399 | 69.30 | 70.20 | 0.90 | 2.95 | 2.4 | 2.95 g/t Au and 2.4 g/t Ag over 0.90m | 0.90 | Las Dolores | | 70.20 | 71.10 | 0.90 | 0.12 | 0.6 | Anomalous Values | | | | | 71.10 | 71.90 | 0.80 | 0.18 | 1.1 | Anomalous Values | | | | | 71.90 | 72.70 | 0.80 | 17.30 | 14.2 | 17.30 g/t Au and 14.2 g/t Ag over 0.80m | 0.80 | | | | 72.70 | 73.70 | 1.00 | 0.40 | 1.0 | Anomalous Values | | | | | LC21-400 | 22.50 | 23.50 | 1.00 | 2.57 | 11.5 | 1.78 g/t Au and 6.2 g/t Ag over 2.00m | 1.60 | Upper Las Dolores | | 23.50 | 24.50 | 1.00 | 1.00 | 0.8 | | | | | | 98.70 | 99.80 | 1.10 | 0.18 | 0.7 | Anomalous Values | | Las Dolores | | | 99.80 | 100.80 | 1.00 | 2.48 | 7.2 | 2.48 g/t Au and 7.2 g/t Ag over 1.00m | 0.80 | | | | LC21-402 | 7.80 | 8.80 | 1.00 | 1.38 | 1.6 | 1.38 g/t Au and 1.6 g/t Ag over 1.00m | 1.00 | Upper Las Dolores | | 61.60 | 62.20 | 0.60 | 0.29 | 0.6 | Anomalous Values | | Las Dolores | | | 62.20 | 62.70 | 0.50 | 4.59 | 3.2 | 3.18 g/t Au and 2.8 g/t Ag over 1.80m | 1.60 | | | | 62.70 | 63.30 | 0.60 | 0.79 | 0.6 | | | | | | 63.30 | 64.00 | 0.70 | 4.24 | 4.4 | | | | | | 64.00 | 64.70 | 0.70 | 0.29 | 0.6 | Anomalous Values | | | | | LC21-406 to 410 | | | | | | Results Pending | | |

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