Latest update July 24th, 2026 12:30 AM
Apr 03, 2026 News
(Kaieteur News) –Canadian mining company Mako Mining Corp. has submitted its Environmental and Social Impact Assessment (ESIA) for the Eagle Mountain Gold Project to Guyana’s Environmental Protection Agency (EPA), marking a key step in the project’s path toward regulatory approval.
On April 1, the company disclosed that the ESIA was submitted on March 25, 2026. The document outlines baseline studies across environmental, social, cultural and engineering areas, along with anticipated impacts and proposed mitigation measures. “Its filing marks a critical step in the regulatory review process in respect of the Environmental Authorization to be issued by the EPA,” Mako stated.
The Eagle Mountain Gold Project, located near Mahdia in Region Eight, has already undergone early-stage public consultations. Scoping meetings were held in October 2025 in Mahdia, Campbelltown and Georgetown to identify key environmental and social issues that must be assessed in the study. Those engagements examined core components of the proposed operation, including an open-pit mine, processing plant, tailings storage facility and supporting infrastructure, while also addressing measures to reduce environmental impacts and protect surrounding communities.
EPA had explained that the scoping process plays a critical role in shaping the Terms of Reference for the impact assessment, ensuring that all potential effects are thoroughly evaluated before any development proceeds. The project is being advanced by Stronghold Guyana Inc., a subsidiary of Mako Mining, which is seeking to develop a large-scale gold operation across three phases: pre-production, operations and closure.
Mako 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. Notably, the Guyana Geology and Mines Commission had renewed the project’s prospecting licence in September 2024 for a three-year period, with options for extension.
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