Makara Provides Update on Its Rude Creek Drill Program Results
Makara Mining Corp. (CSE:MAKA, OTC PINK:MAKAF) announced delays in assay results from its 2,000 meter RC drill program at the Rude Creek property due to COVID-19 staffing issues. Initial assays expected by early November are now postponed until year-end. The company is actively planning its 2021 drilling schedule across three properties in Yukon and Nevada. Additionally, Makara has engaged Market Digital for marketing support, paying CAD $50,000 for the winter season to enhance investor awareness.
- Engagement of Market Digital for marketing, potentially enhancing investor awareness.
- Planning of a comprehensive 2021 drilling schedule across multiple properties.
- Delays in assay results due to COVID-19, affecting timely analysis and decision-making.
VANCOUVER, BC / ACCESSWIRE December 7, 2020 / Makara Mining Corp. (CSE:MAKA)(FSE:MK0)(OTC PINK:MAKAF) ("Makara" or the "Company") is pleased to provide the following update on its recently carried out RC drill program at its Rude Creek property in Yukon, Canada.
The Company has been anxiously anticipating the assay results since early November for its 2,000 meter RC drill program. Unfortunately, due to COVID-19 related staffing delays at the Vancouver laboratory and Whitehorse sample preparation site, the Company now expects analysis to be postponed until the end of the year.
The Company expects the large number of samples to be well-received by the public as they plan their 2021 drilling schedule for the three properties (Rude Creek-Yukon, Davis Mine & Paradise Valley Project-Nevada, and the Kenora Project-Ontario).
Additional Marketing Support
The Company has also hired Market Digital, a Vancouver based full-service digital marketing agency, to assist the Company with promotion and distribution of material across various media platforms. The Company expects Market Digital to add value by means of advertisement and investor awareness. The Company has paid them a sum of CAD
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, the Kenora Gold Property located in Northwestern Ontario and the Davis and Paradise Valley claims located in Nevada. Additional information about the Company is available at www.makaramining.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Grant Hendrickson
Director and Chief Executive Officer
Telephone: 604-372-3707
Email: grant@makaramining.com
Forward-Looking Statements
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 assaying program from its recently completed RC drilling program, and the timing of the results from such drilling program 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:
https://www.accesswire.com/619600/Makara-Provides-Update-on-Its-Rude-Creek-Drill-Program-Results
FAQ
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