Mackay Gold & Silver (TSXV: MACK; OTCQB: MKGSF) CEO and Director Darwin Green joins Kitco Mining’s Kitco Spotlight with Paul Harris to discuss Mackay’s recent IPO, its $60 million financing, and its first major drill program in Nevada’s historic Comstock District.
Mackay is targeting the Occidental-Brunswick Lode, a 3-mile structure running parallel to the historic Comstock Lode. Green said fragmented ownership left the district underexplored for more than a century, creating an opportunity to apply modern drilling to one of America’s most famous gold-silver camps.
Green outlines Mackay’s 20,000-meter Phase 1 drill program, which began in June, including 15,000 meters of RC drilling focused on near-surface oxide gold-silver mineralization and 5,000 meters of core drilling testing deeper potential near the historic Sutro Tunnel. He also discusses the company’s land consolidation strategy, remaining treasury of more than $40 million USD, and first assay results expected in late summer.
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To learn more about Mackay Gold & Silver, visit: https://mackaycorp.com/
Sponsored content. This video was produced with support from a Kitco sponsor. Kitco does not endorse or recommend any company, security, investment product, or investment strategy. This content is for informational purposes only and should not be considered investment advice.
01:09 - Gold Volatility and Mackay’s IPO Timing 02:09 - Comstock Geology and Walker Lane Gold-Silver Systems 04:51 - Consolidating the Historic Comstock District 08:16 - Deal Terms, $60M Financing, and Treasury 10:33 - Comstock Exploration Targets: Occidental and Near-Surface Oxides 14:21 - Occidental Depth Potential and the Sutro Tunnel 19:28 - Big Picture Upside in the Comstock District 22:29 - Nevada Team, Board, and Technical Advisors 28:01 - Next 12 Months: Drill Results and Land Catalysts __________________________________________________________________
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