Mako Mining to acquire Mt Hamilton from Sailfish Royalty for $40m.

Mako Mining, a gold mining, development and exploration company, agreed to acquire Mt. Hamilton, the direct owner of the Mt. Hamilton gold project, from Sailfish Royalty, a precious metals royalty company, for $40m. "The proposed Mt. Hamilton acquisition is a demonstration of how Mako can use all the tools it has available to make highly accretive acquisitions without having to issue equity. The permitted Mt. Hamilton Project is relatively high-grade (for an open pit heap leachable oxide deposit), which is straight down the fairway of the kind of projects our operating team is capable of delivering," Akiba Leisman, Mako Mining CEO.