You're compiling with the 64-bit tools. Either use the 32-bit tools or build an "experimental" 64-bit build by editing the makefile and uncomment the BUILD_X64_EXE = 1 line.
Probably better off using the 32-bit tools though.
Nahhh when using WIN32 enviroment the NASM issues appears on my PC
![Sad :(](https://neo-source.com/Smileys/default/sad.gif)
$ make mingw510
Making debug build...
Generating depend file for src/burner/win32/about.cpp...
Generating depend file for src/burner/win32/resource.rc...
Assembling src/burn/burn_sound_a.asm...
make[1]: nasm: Command not found
make[1]: *** [makefile.mingw:729: burn_sound_a.o] Error 127
make: *** [makefile:87: mingw510] Error 2