Mako Mining Corp. has revealed its third quarter production results for 2026, showcasing a strong performance in gold recovery and positive developments on permitting for key projects. The report, filed on October 19, 2026, highlights the company’s operational success and financial stability, which are crucial in the competitive gold and silver ores industry.

The company reported total gold recovered of 12,743 ounces, with sales of 11,581 ounces, translating to approximately $50 million in revenue for the quarter. This performance is particularly notable given the ongoing challenges faced by mining companies in the current economic climate.

Background

Mako Mining Corp. operates in the gold and silver ores sector, classified under SIC code 1040. The company is publicly traded on the Nasdaq under the ticker symbol MAKO. Mako Mining focuses on gold production through its San Albino and Moss mines, located in Nicaragua and Arizona, respectively. The recent filing is part of a series of updates, with the last several filings indicating ongoing operational activities and financial disclosures.

What the Filing Says

The filing includes a detailed breakdown of Q3 2026 operational highlights. Key figures include:

  • 42,565 tonnes mined at the San Albino mine, containing 10,913 ounces of gold at an average grade of 7.97 grams per tonne.
  • 53,046 tonnes milled, resulting in 11,365 ounces of gold recovered with a mill recovery rate of 80.5%.
  • At quarter-end, the stockpile was estimated at 109,868 tonnes at an average grade of 2.74 grams per tonne, containing 9,666 ounces of gold.

CEO Akiba Leisman commented on the results, stating, "Following two quarters of overperformance, San Albino delivered a solid, inline Q3 2026, related entirely to processing more lower grade historical dump material relative to higher grade diluted vein material." He also highlighted the company's strategic plans for expanding production capacity at the Moss mine without triggering major permitting reviews.

Impact

This update may significantly affect various stakeholders, including investors, employees, and the local communities surrounding Mako's operations. The positive production results and permitting updates suggest a promising outlook for the company, which could enhance investor confidence and attract potential partnerships or investments. Additionally, the operational success may influence competitors in the gold and silver ores sector to reassess their strategies in response to Mako's advancements.

What's Next

The filing does not specify what happens next, but Mako Mining is expected to continue its operational improvements and expand its production capabilities. The company has indicated plans to submit further permitting documents and progress on construction projects at Mt. Hamilton and Eagle Mountain, which could lead to additional updates in future filings.

For more details, the full filing can be accessed through the SEC's website under accession number 0001062993-26-005394.