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flag Mako Mining agrees to buy Nevada’s Mt. Hamilton gold-silver project for $40 million, subject to approvals.

flag Mako Mining Corp. has agreed to acquire Nevada’s Mt. flag Hamilton Gold-Silver Project from Sailfish Royalty Corp. through its subsidiary, with the deal pending TSX Venture Exchange and shareholder approvals. flag Mako will grant Sailfish a five-year gold stream and a 2% net smelter return royalty, with monthly gold deliveries of about 341.7 troy ounces at 20% of the London Bullion Market Association PM Fix price, capped between $2,700 and $3,700 per ounce. flag After the stream, Sailfish will receive the 2% NSR royalty for the mine’s life. flag The $40 million transaction is funded by Sailfish, which holds legal title as nominee until closing. flag If the deal fails, Mako will repay Sailfish and transfer rights to Wexford Capital LP. flag A technical report on the project has been filed.

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