Mako signs contract to upgrade Eagle Mountain camp road
The road work at the gold project in west-central Guyana is due to start in October 2026.
Mako Mining Corp., a gold miner listed on Nasdaq and the TSX Venture Exchange, has signed a contract to upgrade the camp access road at its Eagle Mountain project in Guyana. The work is scheduled to start in October 2026.
Mako disclosed the contract in a company statement published on 20 October 2026. Kaieteur News also reported the contract in a story published on 22 October 2026.
Eagle Mountain sits in west-central Guyana, about 200 km south-southwest of Georgetown. The plan is a 15-year open pit gold mine that would yield 66,500 ounces of gold each year.
The project is still at an early stage. Mako describes it as PEA-stage, meaning it has a preliminary economic assessment, which is an early-stage study. Mako holds a 100% interest in it.
Mako signed a mineral agreement on 10 September 2026 with the Government of Guyana and the country's geology and mines regulator, GGMC. The deal fixes the legal and fiscal rules for the Eagle Mountain project for a decade.
Drilling has also picked up at the site. Mako completed 54 drill holes totaling 4,467 meters in the third quarter. In the first six months of 2026, it completed 45 holes totaling 2,253 meters.
Mako says it has a Draft ESIA, short for environmental and social impact assessment, and has received comments on it. It expects to submit the Final ESIA later in 2026, with approval shortly after.
The company also says its US$119.3 million in cash and securities is enough to fund construction of both Eagle Mountain and its Mt. Hamilton project. Mt. Hamilton is in Nevada.
The story was first reported by Kaieteur News.