Mako Mining Business Summary

Mako Mining Corp is a gold mining and exploration company that generates revenue through the extraction and sale of precious metals, primarily gold and silver. The company’s business model is centered on high-margin production from its two primary operating segments: the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, and the Moss Mine in northwestern Arizona, USA. Additionally, Mako maintains a robust pipeline of development-stage assets, including the Mt. Hamilton heap leach project in Nevada and the Eagle Mountain project in Guyana. As of mid-2026, the company has transitioned into a debt-free producer with record quarterly revenues exceeding $60 million, positioning itself as a low-cost, high-grade operator in the junior-to-mid-tier mining space. Its primary direct competitors include Calibre Mining, Tudor Gold, and Lumina Gold, against whom Mako distinguishes itself through its industry-leading grades at San Albino and a disciplined focus on accretive acquisitions in the Americas. The leadership team is led by CEO Akiba Leisman, a former senior analyst at Red Kite Capital Management and consultant at Wexford Capital LP, who orchestrated the merger of Marlin Gold and Golden Reign to form the current entity. The executive suite includes President Steve Parsons, formerly CEO of Goldsource Mines, and CFO Ezequiel Sirotinsky, who brings extensive Latin American financial experience from roles at Calibre Mining and AngloGold Ashanti. Operations are overseen by COO Jesse Muñoz, a 35-year mining veteran with deep expertise in heap leach and conventional milling across the Americas. The board is chaired by Eric Fier, a renowned geologist and founder of SilverCrest Metals, which was acquired by Coeur Mining in 2025. Mako is backed by significant institutional investors, most notably Wexford Capital LP and Stephens Investment Management, which have provided both strategic capital and long-term oversight.