Akiba Leisman, President and CEO of Mako Mining (TSX.V:MKO – OTCQX:MAKOF), joins us to review the key synergies and scalable diversified growth potential with the announced agreement to acquire Goldsource Mines (TSXV:GXS)(OTCQX:GXSFF) and their 100% owned Eagle Mountain Gold Project in Guyana, South America. This project and team will complement the existing Mako operational team, currently exploring for and producing gold at the San Albino Project in Nicaragua.
We have Akiba outline how the combined company will bring together two experienced management teams, that have worked together as colleagues going back nearly two decades, which is expected to make integration of the two companies more seamless in a true "hand-in-glove" partnership. In addition to the geographical and asset diversification, the district-scale exploration potential in Guyana will enhance Mako's current growth trajectory and exploration upside already found in Nicaragua.
Akiba mentioned the scalability of Goldsource's Eagle Mountain is very much a direct analogue to that of Mako's San Albino mine, and that there are a number of similarities between the two projects, thus highlighting the proven experience that the Mako Mining operations team can bring to the table. The new pro-forma Mako will have the cash flow and project pipeline to establish a platform for growth, operated by teams proven in the construction and operation of scalable mines with low capital intensity profiles.
If you have any further questions for Akiba regarding Mako Mining, then please email us at Fleck@kereport.com or Shad@kereport.com.
Click here for a summary of the recent news out of Mako Mining.
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