Latest update February 9th, 2026 12:35 AM
Mako Mining inches toward EIA
…as Eagle Mountain Gold Project nears approval stage
(Kaieteur News) – Canadian mining firm Mako Mining says it has completed an extensive suite of engineering, environmental and social studies at its Eagle Mountain Gold Project in Region Eight (Potaro-Siparuni), positioning the company to submit an Environmental Impact Assessment (EIA) to Guyana’s Environmental Protection Agency (EPA) in the first quarter of 2026.
According to the company’s latest update, the 2025 work programme focused on generating baseline data to support the EIA and confirm mine design parameters. Activities included geotechnical drilling, hydrology and hydrogeology studies, environmental geochemistry, cultural heritage and community surveys, as well as noise, air quality and biodiversity assessments. Siting studies were also conducted as part of the mine planning process.
Mako said work carried out during the fourth quarter of 2025 concentrated on advancing social baseline studies. Between October 3, 4 and 7, the company, together with Environmental Resources Management Ltd. (ERM), its lead consultant for the EIA process, held a series of stakeholder and community engagement meetings in communities within the project’s area of influence. These engagements were observed by the EPA.
The company noted that feedback from the meetings helped shape the terms of reference for the EIA and informed both the assessment of potential impacts and the proposed mitigation measures. The filing of the Environmental Impact Assessment, Mako said, will represent a major milestone in advancing the Eagle Mountain project after years of data collection and technical studies.
Mako holds a 100 per cent interest in the preliminary economic assessment (PEA)-stage Eagle Mountain Project, located in the Mahdia district, roughly 200 km south-southwest of Georgetown. The company says the site is currently undergoing engineering, environmental, and mine permitting activities, as it prepares for a full-scale development phase.
The company acquired the project through its 2024 takeover of Goldsource Mines Inc., inheriting a resource base of nearly 1.2 million ounces of gold (indicated) and 582,000 ounces (inferred). The 5,050-hectare property includes the 4,784-hectare Eagle Mountain project and the 252-hectare Kilroy medium-scale mining licence, with two known gold deposits, Eagle Mountain and Salbora, along with several additional exploration targets.
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