Mako Mining Reports Updated Mineral Resource Estimate for the Moss Mine in Arizona Consisting of Measured and Indicated Resources of 646,000 Ounces of Gold with a Grade of 0.35 g/t and 6.8 million Ounces of Silver with a Grade of 3.71 g/t and Inferred Resources of 122,000 Ounces of Gold with a Grade
Original announcement by yahoo_press on
- Company
- Mako Mining Corp.
- Ticker
- MKO
- Exchange
- TSXV
- Region
- Arizona
- Primary commodity
- Gold
- Secondary commodities
- Silver
- Document categories
- Resource update
- Extracted
- 2026-08-21 02:52:00 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Mako Mining has released an updated mineral resource estimate for the Moss Mine in Arizona. The estimate includes 646,000 ounces of gold and 6.8 million ounces of silver in the Measured and Indicated categories, with additional Inferred resources reported.
Reasoning: The update provides a clear breakdown of gold and silver resources across M&I and Inferred categories, though the low grade (0.35 g/t Au) suggests a large-scale, low-grade deposit profile.
Positive factors
- Resource update provides updated scale for gold and silver
Negative factors
- Significant portion of resource remains in Inferred category
Facts used in scoring: 3
Classification and evidence
Resource Updateneutral
Revised estimate for an existing resource — compare to prior to assess progress.
Why it applies: The document reports an updated mineral resource estimate.
Evidence · text
“report the results of an updated mineral resource estimate”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A portion of the resource is classified as Inferred.
Evidence · text
“Inferred Resources of 122,000 Ounces of Gold”
Extracted facts
Stored fact records: 3. Some facts used in scoring do not have a stored record.
Resource Estimates (3)
indicatedgoldGrade: 0.35Grade Unit: g/tContained Metal: 646000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- MKO
Resource Data
- Category
- indicated
- Grade
- 0.35
- Grade Unit
- g/t
- Contained Metal
- 646000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: M&I gold resource reported at 0.35 g/t.
Negative factors
- Low grade of 0.35 g/t Au
Evidence · text
“Measured and Indicated Resources of 646,000 Ounces of Gold with a Grade of 0.35 g/t”
indicatedsilverGrade: 3.71Grade Unit: g/tContained Metal: 6800000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- silver
- Ticker
- MKO
Resource Data
- Category
- indicated
- Grade
- 3.71
- Grade Unit
- g/t
- Contained Metal
- 6800000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: M&I silver resource reported at 3.71 g/t.
Evidence · text
“6.8 million Ounces of Silver with a Grade of 3.71 g/t”
inferredgoldContained Metal: 122000Contained Unit: ozView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- MKO
Resource Data
- Category
- inferred
- Contained Metal
- 122000
- Contained Unit
- oz
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-01-26T00:00:00.000Z
Reasoning: Inferred gold resource reported.
Negative factors
- Inferred category represents higher geological risk
Evidence · text
“Inferred Resources of 122,000 Ounces of Gold”
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.