Impact: Mildly Positive
Mako Mining announced that it purchased the Potrerillos concession from a subsidiary of Condor Gold Plc for US$600,000. Additionally, Mako has entered into an agreement to potentially sell its La Trinidad operation in Mexico to Goldplay Exploration. We view these strategic moves by Mako favourably as they allow the company to focus on its San Albino project (production in H2/20), while improving future exploration potential.