VANCOUVER, BC / ACCESSWIRE / September 28, 2020 / Makara Mining Corp. (CSE:MAKA)(FSE:MK0)(OTC PINK:MAKAF) ("Makara" or the "Company") is pleased to premiere its corporate introduction video, which allows shareholders and the general public to meet Grant Hendrickson, President and Chief Executive Officer of Makara, and get a glimpse of the Rude Creek property during Mr. Hendrickson's recent visit. The video was shot during the Company's recently completed 2000-meter drill program. The video can be accessed at the following link.
Grant Hendrickson commented: "I hope our video allows the public and current shareholders to see the general terrain of our Rude Creek Project. The Yukon is a far-off place for many, so I hope this video allows us to bring the project to the convenience of people's screens."
Background on Rude Creek
Rude Creek is situated 12 kms southeast of the very large tonnage Casino copper-gold deposit, owned by Western Copper and Gold. The Casino deposit is being seriously considered for large-scale development. Newmont's sizeable Coffee orogenic gold deposit is located 45 kms to the northwest of Rude Creek. The Coffee Creek and Casino projects, together with the Rude Creek and other interesting gold projects in the area, are all contributing to the White Gold and Dawson Range gold belts becoming one of the most rapidly evolving regions of the Yukon.
Background on Davis claims and Paradise Valley claims
The Davis Claims and Paradise Valley claims are located in Nye County, Nevada. The project encompasses 900 hectares consisting of two contiguous parcels of land, being the Davis claims to the north and the Paradise Valley claims to the south. The Davis claims, comprising 34 claims over 270 hectares, are held pursuant to a mining lease with the State of Nevada. The Paradise Valley claims are comprised of 79 newly staked claims over 630 hectares. The Project is located eight miles southeast of the village of Gabbs, Nevada, and five miles northeast of the closed Paradise Peak mine of FMC Gold.
The potential quantity and grade of mineralization described herein is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
Technical information in this news release has been approved by Grant Hendrickson, P.Geo. and 'Qualified Person' as defined under Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects.
About the Company
Makara Mining Corp. (CSE: MAKA; FSE: MK0; OTC: MAKAF) is a mineral exploration company focused on the acquisition, exploration and development of gold properties. The Company is based in Vancouver, B.C. and holds options over the Rude Creek Property and Idaho Creek Property located in the Yukon and the Kenora Gold Property located in Northwestern Ontario. Additional information about the Company is available at www.makaramining.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Director and Chief Executive Officer
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, and statements respecting the Company's activities at the Rude Creek property and general prospects are "forward-looking statements". Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
SOURCE: Makara Mining Corp.
View source version on accesswire.com: