Mako Mining – Q2 2026 Production / Financial Results From The San Albino and Moss Mines, Development Pathway For Mt Hamilton and Eagle Mountain

Akiba Leisman, President and CEO of Mako Mining (NASDAQ:MAKO) (TSXV:MKO), joins me for a comprehensive review of all 4 company Projects, on an operational, developmental and exploration perspective. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua. Mako owns the Moss Mine, an open pit gold mine in northwestern Arizona, which is ramping up into commercial production. Mako now controls the permitted development-stage Mt. Hamilton Gold-Silver Project located in White Pine County, Nevada, USA. Mako also holds a 100% interest in the development-stage Eagle Mountain Project in Guyana, South America. Q2 2026 Highlights Financial $62.6 million in Revenue $31.7 million in Adjusted EBITDA $25.9 million in Mine OCF ( $13.9 million in Net Income $112.9 million in Cash, Trade Receivables and Marketable Securities $1,996 Cash Cost ($/oz sold) $2,286 AISC ($/oz sold): San Albino $1,535 and Moss Mine $3,708 Return on Equity ("ROE") of 36.6% and Return on Assets ("ROA") of 23.8% Growth $2.9 million in exploration and evaluation expenses ($1.4 million in areas surrounding San Albino, $1.4 million at Eagle Mountain, Guyana and $0.1 million in Mt. Hamilton) The Company currently has a cash and gold-linked securities balance of approximately $112 million, which along with operating cash flow from their two mines, is more than sufficient to fully fund the two remaining development projects, without the need for any external capital. Over the ensuing weeks, the Company plans to unveil its plans for lowering its cost of capital, which could include a pathway for substantial shareholder capital returns. We went on to review all the ongoing exploration work at San Albino, and Akiba outlined the development progress and next steps for growth at the Moss Mine, the permitting update and rough timeline for development at Mt Hamilton, and the permitting progress being made at Eagle Mountain. If you have any further questions for Akiba regarding Mako Mining, then please email them into me at [email protected]. In full disclosure, Shad is a shareholder of Mako Mining at the time of this recording and may choose to buy or sell more shares at any time. Click here for a summary of the recent news out of Mako Mining. For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.