Mako Mining’s Update on Engineering Activities and Mine Design at Eagle Mountain Gold Project
Mako Mining Corp., a mineral exploration and development company with a focus on gold projects in Guyana, South America, has recently provided an update on the ongoing engineering activities and mine design work at its 100%-owned Eagle Mountain Gold Project (the “Project”).
Geotechnical Drilling Program
The geotechnical drilling program for the Phase 1 development of the Project was completed in late 2024. This program aimed to collect data on the geotechnical conditions of the deposit, which is crucial for designing the mine infrastructure and ensuring its stability. The drilling program consisted of 12 holes, totaling approximately 2,500 meters. The data collected will be used to develop a geotechnical model of the deposit and provide input for the design of the mine’s infrastructure, including the pit slope design, waste rock storage facilities, and access roads.
Impact on Mako Mining and the Local Community
For Mako Mining, the successful completion of the geotechnical drilling program is a significant milestone in the development of the Eagle Mountain Gold Project. The data collected will help optimize the mine design, potentially increasing the project’s economic viability and reducing operational risks. This, in turn, could lead to increased value for Mako Mining’s shareholders.
Additionally, the successful execution of the geotechnical drilling program demonstrates Mako Mining’s commitment to responsible mining practices. By collecting comprehensive data on the geotechnical conditions of the deposit, the Company can design infrastructure that is safe, stable, and minimizes the potential for environmental impacts. This commitment to responsible mining practices is essential for maintaining the trust and support of the local community, which is crucial for the long-term success of the Project.
Global Impact
The successful completion of the geotechnical drilling program at the Eagle Mountain Gold Project is not only important for Mako Mining but also has broader implications for the mining industry as a whole. As the world’s demand for precious metals, particularly gold, continues to grow, the need for responsible and sustainable mining practices becomes increasingly important. Companies that can effectively manage the environmental and social risks associated with mining operations will be better positioned to secure the necessary permits, maintain community support, and attract investors.
Moreover, the data collected during the geotechnical drilling program at the Eagle Mountain Gold Project could contribute to a better understanding of the geotechnical conditions of similar deposits in Guyana and the broader region. This could lead to more efficient and effective mining operations, reducing the environmental footprint and minimizing the potential for negative impacts on local communities.
Conclusion
Mako Mining’s successful completion of the geotechnical drilling program at the Eagle Mountain Gold Project marks an important milestone in the development of the Project. The data collected will help optimize the mine design, contributing to the economic viability and reducing operational risks. Furthermore, this commitment to responsible mining practices sets a positive example for the mining industry as a whole and demonstrates the importance of comprehensive data collection in minimizing environmental and social risks.
- Mako Mining completes geotechnical drilling program at Eagle Mountain Gold Project
- Data collected will optimize mine design and reduce operational risks
- Commitment to responsible mining practices essential for community trust and support
- Implications for mining industry: effective risk management, efficient operations, and reduced environmental impact
