Mako Mining Reports Proven and Probable Mineral Reserves of 598 Koz Au and 6.30 Moz Ag Grading 0.327 g/t Au and 3.45 g/t Ag in 56.8 M Tonnes at the Moss Mine in Arizona, Supporting a Post-Tax NPV 5% of US$254 Million and a 15-Year Mine Life at US$3,500/oz Au and US$50/oz Ag
Original announcement by yahoo_press on
- Company
- Mako Mining Corp.
- Ticker
- MAKO
- Exchange
- NASDAQ
- Region
- Arizona
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Resource update
- Extracted
- 2026-08-20 20:58:08 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Mako Mining has announced proven and probable mineral reserves for the Moss Mine in Arizona, totaling 598 koz of gold and 6.30 Moz of silver. The estimate supports a 15-year mine life and a post-tax NPV of US$254 million at current metal price assumptions.
Reasoning: The announcement of proven and probable reserves for a 15-year mine life with a positive NPV is a major de-risking milestone for the project.
Positive factors
- Maiden reserve declaration
- Strong economic indicators (NPV $254M)
- Significant silver byproduct
Facts used in scoring: 4
Classification and evidence
Probable Reservepositive
Indicated Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The company announced proven and probable mineral reserves.
Evidence · text
“Mako Mining Reports Proven and Probable Mineral Reserves”
Proven Reservepositive
Measured Resource with demonstrated economic viability after applying modifying factors.
Why it applies: The company announced proven and probable mineral reserves.
Evidence · text
“Mako Mining Reports Proven and Probable Mineral Reserves”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Resource Estimates (4)
provengoldGrade: 0.327Grade Unit: g/tContained Metal: 598000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- MAKO
Resource Data
- Category
- proven
- Grade
- 0.327
- Grade Unit
- g/t
- Contained Metal
- 598000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-07T00:00:00.000Z
Reasoning: Part of the newly declared proven and probable reserves.
Positive factors
- Reserve declaration
Evidence · text
“Proven and Probable Mineral Reserves of 598 Koz Au and 6.30 Moz Ag Grading 0.327 g/t Au and 3.45 g/t Ag”
provensilverGrade: 3.45Grade Unit: g/tContained Metal: 6300000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- MAKO
Resource Data
- Category
- proven
- Grade
- 3.45
- Grade Unit
- g/t
- Contained Metal
- 6300000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-07T00:00:00.000Z
Reasoning: Part of the newly declared proven and probable reserves.
Positive factors
- Significant silver byproduct
Evidence · text
“Proven and Probable Mineral Reserves of 598 Koz Au and 6.30 Moz Ag Grading 0.327 g/t Au and 3.45 g/t Ag”
probablegoldGrade: 0.327Grade Unit: g/tContained Metal: 598000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- MAKO
Resource Data
- Category
- probable
- Grade
- 0.327
- Grade Unit
- g/t
- Contained Metal
- 598000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-07T00:00:00.000Z
Reasoning: Part of the newly declared proven and probable reserves.
Positive factors
- Reserve declaration
Evidence · text
“Proven and Probable Mineral Reserves of 598 Koz Au and 6.30 Moz Ag Grading 0.327 g/t Au and 3.45 g/t Ag”
probablesilverGrade: 3.45Grade Unit: g/tContained Metal: 6300000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- MAKO
Resource Data
- Category
- probable
- Grade
- 3.45
- Grade Unit
- g/t
- Contained Metal
- 6300000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-07-07T00:00:00.000Z
Reasoning: Part of the newly declared proven and probable reserves.
Positive factors
- Significant silver byproduct
Evidence · text
“Proven and Probable Mineral Reserves of 598 Koz Au and 6.30 Moz Ag Grading 0.327 g/t Au and 3.45 g/t Ag”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.