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Las Conchitas North

Key Facts

Location San Albino-Murra Concession
Size of Target Area / Area Drilled 0.53 km2 / 0.17 km2
Distance from Processing Plant 1.0 km south of San Albino mill
Targeted Mining Method Open Pit and under-ground potential
Targeted Metal Au, Ag
Targeted zone San Pablo, Mina Francisco, Intermediate
Deposit Type Orogenic – High grade Au, shallow dipping 1-2m wide stacked veins 
Ownership 100%

Description

Two shallow high grade gold veins have been identified in the Las Conchitas North area from limited drilling in 2011.  The veins cover a combined strike length of approximately 700 m and are open along strike and down dip.   

Outlook

Approximately 20,000 of drilling is planned for 2022 with the objective of defining gold resources near the previously identified veins and to discover additional shallow, high grade gold veins. 

In 2022, Mako plans to complete environmental, metallurgical and engineering studies, and to initiate the mine permitting process for Las Conchitas.

Exploration

Initial drilling in 2011 identified several high grade gold veins, however most of the exploration during 2012  to 2021 consisted of low cost trenching and soil sampling since most of the exploration funding was dedicated to defining resources at San Albino. During this period, a number of drill targets were identified for follow-up drilling.. Late in 2021, drilling was initiated in the area. To date, the Company has completed 959 m of trenching, 2,005 m of diamond drilling.

On June 9 2022, Mako announced the discovery of two new veins - Mina Francisco and Tirado- at the San Pablo zone within Las Conchitas North. Mina Francisco has been traced over 200 metres of strike and for 330 metres down-dip, starting at surface.

Drilling Highlights

History & Milestones

Media & Photos

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