mako21 Sep 2020 18:17
lans to begin production within months at its San Albino project in Nicaragua, while advancing exploration at the nearby Las Conchitas discovery, according to CEO Akibo Leisman.
The plant is about 85% complete, with a dry-stack tailings facility around 50-55% built, Leisman told the conference.
“This plant and tailings [facility] will be commissioned by end-2020 such that we would have first gold pour in January and commercial production after a short three-month ramp up period, so some time in early 2Q21,” the CEO said.
Mako also plans to complete 75,000m of drilling at Las Conchitas, which is about 2km to the south of San Albino, with the aim of developing a mineable resource.
Ore from Las Conchitas will be processed at the San Albino facility, which is expected to double throughput to 1,000t/d by late 2022, Leisman added.
Mako is also advancing exploration across its Nicaraguan land package, and expects to be mining at 1,000t/d for decades if drilling is successful, he said.