Mako Mining's Strategic Leap: Validated Resources and Robust Finances

Independent report confirms 646K oz gold & 6.8M oz silver at Moss Mine, a 6.8x resource jump. Mako Mining reports strong revenue growth and a debt-free $78.1M cash position.

An independent technical report has been formally submitted for Mako Mining's Moss Mine project in Arizona, providing a scientific foundation for a transformative expansion of the company's resource base. This document confirms earlier estimates and marks a pivotal step in the project's development.

A Six-Fold Resource Increase Receives Official Backing

The newly filed report substantiates resource calculations initially released in January. It confirms the Moss Mine property contains an estimated 646,000 ounces of gold alongside 6.8 million ounces of silver. This valuation represents a substantial 6.8-fold increase compared to the company's prior resource estimates for the site.

A critical aspect of the report is its use of conservative commodity price assumptions for economic modeling. Projections are based on a gold price of $2,500 per ounce, while the current market price stands at approximately $5,400. Similarly, the report uses a silver price assumption of $29.20 per ounce, significantly below the current market price of around $83.48. This methodological conservatism creates a considerable buffer, suggesting the project's economics could be even more favorable under present market conditions.

Financial Strength Supports Growth Ambitions

Concurrent with this technical validation, Mako Mining's latest financial results demonstrate strong operational momentum. For the quarter ending September 2025, the company reported revenue of $27.58 million, an increase of more than 75%. On an annual basis, revenue climbed over 41% to reach $126.93 million.

The company maintains a robust balance sheet to fund its expansion plans. It holds a cash position of $78.1 million and carries no debt. As of March 12, 2026, Mako Mining's market capitalization is approximately 895 million CAD.

Building a Multi-Asset Portfolio

Management's strategy is firmly focused on assembling a portfolio of mining operations across multiple jurisdictions. The Moss Mine in Arizona joins the company's existing San Albino mine in Nicaragua. Mako Mining also holds an interest in the Eagle Mountain project located in Guyana.

To further boost production capacity, the company is currently evaluating the potential acquisition of the Mt. Hamilton project. The official resource confirmation in Arizona provides a solid foundation for this planned production growth.

In a competitive sector where peers like Avino Silver & Gold are also reporting record performances, Mako Mining is positioning itself for its next growth phase through a combination of rising production output and a powerful cash position.