Goldsource Mines Inc. (TSE:GXS) has released an update.
Mako Mining Corp. is set to acquire Goldsource Mines Inc., combining Mako’s profitable operations in Nicaragua with Goldsource’s Eagle Mountain Gold Project in Guyana, aiming to create a more diversified and scalable gold production company. The merger will bring together a management team with a strong track record in mine construction and operation, with the promise of a robust project pipeline, significant cash flow, and district-scale exploration potential. The alliance is expected to leverage Mako’s construction expertise and financial resources to expedite the development of the Eagle Mountain project, enhancing the new company’s growth potential.
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