Mako Mining enters agreement to acquire Mt. Hamilton Gold-Silver Project from Sailfish Royalty
At Costmine, we use our Mining Intelligence platform to track transactions that reflect broader strategic shifts in the mining sector, from regional diversification to long-term growth positioning.
Mako Mining Corp. has signed a definitive agreement with Sailfish Royalty to acquire the Mt. Hamilton Gold-Silver Project in White Pine County, Nevada. The US$40 million transaction includes the acquisition of Mt. Hamilton LLC, the entity that owns the project, as well as the granting of a five-year gold stream and a 2% net smelter return royalty to Sailfish.
With the agreement in place, Mako now holds beneficial ownership and operational control of the project. Legal title will transfer following approval by disinterested shareholders and the TSX Venture Exchange, expected by February 2026. A NI 43-101 technical report for the open-pit, heap leach project has already been filed.
Mt. Hamilton adds a U.S.-based development asset to Mako’s portfolio, which also includes the producing San Albino Mine in Nicaragua and the Eagle Mountain Project in Guyana. The acquisition strengthens Mako’s position across the Americas and signals a move toward greater jurisdictional balance.
Mining Intelligence tracks the full lifecycle of asset-level deals like this, from announcement and regulatory review to integration and portfolio strategy. As companies look to reduce geopolitical risk while scaling long-term value, acquisitions in stable jurisdictions continue to play a key role.
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