Mako Mining Signs Key Agreement for Guyana Gold Project

Mako Mining Corp. has announced a significant milestone with the signing of a mineral agreement with the Government of Guyana for the Eagle Mountain Gold Project. This Agreement, set under Guyana's Mining Act, offers a stability framework covering legal, fiscal, and operational conditions for a ten-year term, with possible renewals.

The Agreement aligns with standard terms previously established and encompasses commitments from Mako, including prioritizing local workforce hiring and implementing environmental and community development initiatives. Steve Parsons, President of Mako, highlights this as a major step to advance the project, ensuring clarity on legal and fiscal terms.

The company's focus remains on obtaining the necessary Environmental Authorization, after submitting an Environmental and Social Impact Assessment earlier this year. Final approvals are anticipated in late 2026, moving the project closer to production.