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Mako Mining Announces Completion of Sale of its Mexican Operations to GR Silver Mining

VANCOUVER, BC, April 1, 2021 /CNW/ -  Mako Mining Corp. (TSXV:MKO) (OTCQX:MAKOF) ( Mako or the Company ) is pleased to announce that it has now completed the sale of 100% of the shares of Marlin Gold Mining Ltd. to GR Silver Mining Ltd., as previously announced in its press release dated February 1, 2021.  Mako has received C$50,000 in cash and a 1% net smelter returns royalty on all concessions currently owned by Oro Gold de Mexico, S.A. de C.V.  ( Oro Gold ), and is no longer responsible for approximately US$9.8 million in unpaid concession taxes, including US$5.2 million related to the core concessions, which accrued on the concessions owned by Oro Gold.  Mako remains entitled to any net proceeds received from the lawsuit Mako and Oro Gold filed against their insurers and re-insurers in connection with damages to the La Trinidad property from Hurricane Willa.  Mako remains responsible for the costs of this litigation and responsible for all costs related to the closure pla

Pedro Chisem s Mexican adventures | Ross Eric Gibson, Local History

Pedro Chisem’s Mexican adventures | Ross Eric Gibson, Local History Ross Eric Gibson © Provided by Santa Cruz Sentinel Piedmont Court on High and Highland streets was the masterpiece of Pedro B. Chisem’s stay in Santa Cruz. (Contributed) It was a chance meeting in a far-away place, that would bring Santa Cruz one of its landmarks. About 1906, American Warren Garret arrived in Guaymas, Mexico, with his wife Euphemia, in search of Indigenous Mexicans to interview. The Garrett’s admired the dusty little town for its natural setting, on the West Coast of the Sonora desert facing the Gulf of California. When introduced to Don Pedro B. Chisem as a man who knew the natives, Garrett was pleased to find a modest 67-year-old who spoke fluent English. However, Chisem had some misgivings. He’d gained the trust of his native workers, giving them jobs in ranching, farming and mining, and thus didn’t want them to be exploited.

2021 Grammy winners list - The Washington Post

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