Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

MKO.V ·

Mako Mining Files Technical for Updated Mineral Resource Estimate for San Albino Project

Resource Estimates

LEGAL*61014337.1

1

595 Burrard Street, Suite 2833

Vancouver, BC V7X 1K8

Tel: (604) 646-1580

www.makominingcorp.com

TSX-V: MKO | OTCQX: MAKOF

Suite 700 - 838 West Hastings St.

Vancouver, BC - V6C 0A6

IR: (647) 203-8793

www.makominingcorp.com

TSX-V: MKO | OTCQX: MAKOF

December 6th, 2023

TSX-V: MKO; OTCQX: MAKOF

Mako Mining Files Technical for Updated Mineral Resource Estimate for San Albino Project

Mako Mining Corp. (TSX-V: MKO; OTCQX: MAKOF) (“Mako” or the “Company”) announces that it has

filed today an independent technical report (the “ Technical Report”) prepared by Mine Development

Associates, a division of RESPEC, out of Reno, Nevada, in accordance with National Instrument 43-101

– Standards of Disclosure for Mineral Projects. The Technical Report supports the results of an updated

mineral resource estimate for the Company’s San Albino Project (“San Albino”), which includes the Las

Conchitas deposit, located in Nueva Segovia, Nicaragua, previously announced by the Company in its

press release dated October 31st, 2023.

The Company confirms that there are no material differences between the results announced in its October

31st, 2023 press release, and the results set out in the Technical Report now filed under the Company’s

profile on SEDAR + atwww.sedarplus.ca, and posted on the Company’s website at

www.makominingcorp.com.

On behalf of the Board,

Akiba Leisman

Chief Executive Officer

About Mako

Mako Mining Corp. is a publicly listed gold mining, development, and exploration firm. The Company is

developing its high-grade San Albino gold project in Nueva Segovia, Nicaragua. Mako’s primary objective

is to bring San Albino into production quickly and efficiently, while continuing exploration of prospective

targets in Nicaragua.

For further information: Akiba Leisman, Chief Executive Officer, Telephone: 917-558-5289, E -mail:

[email protected] or visit our website at www.makominingcorp.com and

SEDAR+www.sedarplus.ca.

Forward-Looking Information: Some of the statements contained herein may be considered “forward -looking

information” within the meaning of applicable securities laws. Forward-looking information can be identified by words

such as, without limitation, “estimate", "project", "believe", "anticipate", "intend", "expect", "plan", "predict", "may" or

"should" or variations thereon or comparable terminology. The forward -looking information contained herein reflects

the Company’s current beliefs and expectations, b ased on management’s reasonable assumptions, and includes,

without limitation; Mako’s primary objective to operate San Albino profitably and fund exploration of prospective

LEGAL*61014337.1

2

targets in Nicaragua. Such forward-looking information is subject to a variety of risks and uncertainties which could

cause actual events or results to differ materially from those reflected in the forward -looking information, including,

without limitation, changes in the Com pany’s exploration and development plans and growth parameters;

unanticipated costs; the October 24, 2022 measures having impacts on business operations not currently expected,

or new sanctions being imposed by the U.S. Treasury Department or other government entity in Nicaragua in the

future; and other risks and uncertainties as disclosed in the Company’s public disclosure filings on SEDAR + at

www.sedarplus.ca. Such information contained herein represents management’s best judgment as of the date hereof,

based on information currently available. Mako does not undertake to update any forward-looking information, except

in accordance with applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.