Mako Mining Corp. announced grade and tonnage results from mining of the upper half of the third bench of the San Albino vein at its San Albino gold project ("San Albino") in northern Nicaragua. The mined bench consisted of one three-meter half bench between 601 and 604 meters above sea level ("Half Bench 601") and contained 815 ounces Au and 1,456 ounces Ag within 1,784 tonnes of diluted vein material grading 14.21 g/t Au and 25.4g/t Ag. The 1,784 tonnes of diluted vein material are now sitting in a high-grade stockpile awaiting processing in addition to the 5,121 tonnes from the first two full benches. An additional 5,249 tonnes of historical dump material grading 2.03 g/t Au were also mined from Half Bench 601. This stockpiled historical dump material is expected to be used as initial mill feed during the ramp up to commercial production, which is expected from January 2021 to early second quarter 2021. Vertical channel samples respecting the geology were collected on 5-meter sections at approximately 4-meter spacing using a gas-powered rock saw where the vein is competent, or a rock hammer where the rock is strongly fractured or brecciated. Special attention is applied to standardize the width and volume of material taken using the rock hammer or rock saw. The coordinates of the channel samples are surveyed using a total station surveying device. Samples were kept in a secured logging and storage facility until such time that they were delivered to the Managua facilities of Bureau Veritas, an independent assay lab, for sample preparation. Pulps were sent to the Bureau Veritas laboratory in Vancouver for analysis. Gold was analyzed by standard fire assay fusion, 30-gram aliquot, AAS finish. Samples returning over 10.0 g/t Au are analyzed utilizing standard fire assay-gravimetric method. The Company follows industry standards in its quality assurance and quality control ("QA/QC") procedures. Control samples consisting of duplicates, standards and blanks were inserted into the sample stream at a ratio of 1 control sample per every 3 to 4 samples. Analytical results of control samples confirmed reliability of the assay data. The grade of the San Albino vein, low-grade and historical dump material were estimated using the inverse distance cubed method ("ID3") from 1-meter composite intervals respecting the geologic boundaries. Samples were capped prior to compositing at 100 g/t Au in the San Albino vein, 7.0 g/t Au in the San Albino footwall, 4 g/t Au in the San Albino hanging wall and 7.0 g/t Au in the Dump Material. Capping values were based an analysis of previous diamond drilling results. The diluted grade of the San Albino vein was estimated using 3-D models of surveyed vein boundaries and surveyed mined surfaces.