Calibre Mining Corp T.CXB

Alternate Symbol(s): CXBMF

Metals & Mining Gold

Calibre Mining Corp. is a Canadian mid-tier gold producer. The Company has a pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua. It owns several operational open-pit and underground mines, two milling facilities (the El Limon and La Libertad mines), and a portfolio of exploration and development opportunities in Nicaragua, Central America. In addition to its mining operations in Nicaragua, it also engaged in the exploration and development of several concessions at its 100%-owned Eastern Borosi Gold-Silver Project (EBP), which includes the Eastern Borosi Mines (EBM). It holds a 100% interest in Fiore’s Pan Mine, a producing heap leach gold operation. It owns the adjacent advanced-stage Gold Rock Project and, the past producing Illipah Gold Project in Nevada, as well as the Golden Eagle project. It also owns the advanced-stage Valentine Gold Project in Newfoundland and Labrador.

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Calibre Mining Corp

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Post by Specificon Feb 14, 2024 10:50am

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Post# 35879693

src newsletter

1. Stock of the week: Calibre Mining

Calibre Mining with world-class drilling results on two projects at once

Calibre Mining announced a few days ago further exciting results from its 2023 exploration and delineation drilling program in the Panteon VTEM gold corridor at the Limon mine complex. Among other things, the company encountered 111.92 g/t gold over 4.1 meters and 33.60 g/t gold over 2.6 meters. Previous results led to the discovery of the Panteon North deposit which returned over 240,000 ounces of Proven and Probable Mineral Reserves (944,000 tons at 9.4 g/t Au). Continued high-grade success within the Limon Complex continues to confirm the potential for resource expansion in the region.

The Company also announced assay results from the recent drill program at the Frank Zone, a high priority gold target located one kilometer southwest of the reported mineral resources on the Valentine Gold Mine property in central Newfoundland & Labrador, Canada. Intersections there included 3.14 g/t gold over 14.8 meters of estimated true width and 39.90 g/t gold over 1.8 meters.

News: Calibre Continues to Intercept Bonanza Grade Drill Results Along the Multi-Kilometre Panteon VTEM Gold Corridor at the Limon Mine Complex
News: Calibre Reports Positive Drill Results One Kilometre Southwest of Valentine Gold Mine Resources Demonstrating Strong Discovery Potential Across the 32 Kilometre Shear Zone, Newfoundland & Labrador, Canada; Drilling Intersected 3.14 g/t Au Over 14.8 Metres

https://mailchi.mp/resource-capital/src-newsletter-2696420?e=ac20ca5e6c

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