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Mako Mining Corp. [MKO-TSXV; MAKOF-OTCQB] reported initial results from a reconnaissance exploration program on its recently granted La Segoviana exploration and exploitation concession .
The La Segoviana Concession covers approximately approximately 38.5 km
2 and is contiguous to the north and northwest of the company’s San Albino-Murra concession in Nueva Segovia, Nicaragua
Initial mapping and sampling identified at least four prospects within the La Segoviana Concession with high-grade gold values and vein-characteristics like those currently being mined at the San Albino Deposit 21 km south. Approximately 6 km of strike potential have been identified within the La Segoviana Concession.
Assay results from channel samples include 40.70 g/t gold and 16.1 g/t silver over 1.0 metre; 43.50 g/t gold and 40.3 g/t silver over 1.0 metre; and 38.20 g/t gold and 33.1 g/t silver over 1.0 metre.
Reconnaissance Exploration Program at the Recently Granted La Segoviana Concession Yields Multiple Channel Samples Over 40 g/t Gold up to 21 km North of the San Albino Deposit newswire.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newswire.ca Daily Mail and Mail on Sunday newspapers.