11:28 AM EDT, 03/13/2024 (MT Newswires) -- Mako Mining Corp. ( MAKOF ) was at last look up 2.7% on Wednesday after providing an update of results from the ongoing reverse circulation drill program at the new mining area, Las Conchitas.

The new area is located immediately south of the company's San Albino gold mine, which is currently in commercial production.

Among the highlights, the results of 12 RC drill holes, completed in 2024, in the southern portion of Las Conchitas, together with previous results drilled since the MRE, support the potential to expand the high-grade, gold mineralization within the currently defined open pits as well as potential extensions outside of the current MRE.

The highlights include 13.43 grams per ton of gold and 36.8 grams per ton of silver over 9 meters (Estimated True Width - ETW) - Mango vein; 9.65 grams per ton of gold and 11.8 grams per ton of silver over 2 meters (ETW) - El Limon vein; and 7.30 grams per ton of gold and 14.9 grams per ton of silver over 1 meter (ETW) - Mango 2 vein.

Price: 2.60, Change: +0.02, Percent Change: +0.78