# 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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/mako-mining-reports-proven-and-probable-mineral-reserves-of-598-koz-au-and-6-30--00491fac-a376-47e5-82f7-f53666c66786

Original source: https://finance.yahoo.com/markets/commodities/articles/mako-mining-reports-proven-probable-124500846.html

Publisher: yahoo\_press

Original announcement: 2026-07-07T12:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- 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

Narrative sentiment: 1.00 · Bullish

## Minestarters Atlas 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 factor: Maiden reserve declaration

- Positive factor: Strong economic indicators \(NPV $254M\)

- Positive factor: Significant silver byproduct

Facts used in scoring: 4

## Classification and evidence

**Probable Reserve**

Polarity: positive

Definition: 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 Reserve**

Polarity: positive

Definition: 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)

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/mako-mining-reports-proven-and-probable-mineral-reserves-of-598-koz-au-and-6-30--00491fac-a376-47e5-82f7-f53666c66786#fact-resource-facts-0)

gold

#### 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 factor: 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

### proven

[Link to this fact](https://atlas-staging.minestarters.com/news/mako-mining-reports-proven-and-probable-mineral-reserves-of-598-koz-au-and-6-30--00491fac-a376-47e5-82f7-f53666c66786#fact-resource-facts-1)

silver

#### 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 factor: 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

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/mako-mining-reports-proven-and-probable-mineral-reserves-of-598-koz-au-and-6-30--00491fac-a376-47e5-82f7-f53666c66786#fact-resource-facts-2)

gold

#### 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 factor: 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

### probable

[Link to this fact](https://atlas-staging.minestarters.com/news/mako-mining-reports-proven-and-probable-mineral-reserves-of-598-koz-au-and-6-30--00491fac-a376-47e5-82f7-f53666c66786#fact-resource-facts-3)

silver

#### 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 factor: 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.