Great Forcast/ Entry. Lowest since March 2020 Covid Route As my Fiore Shares transfer over, Im happy to watch things play out here at Calibre $1.16 has to be a no brainer! Looking forward to that updated 2022 guidance that includes Fiore in the plan. Some cheap cash flow coming this way from PAN. Some Calibre dollars to push Goldrock development with unloch big value for current Calibre. On top of current Pan Mine is Goldrock. Much higher grades and about 1.5M oz of heap leachable Nevada Gold coming your way from GR.
2022 Nicaragua Production and Cost Guidance:
- Gold production and sales of between 180,000 and 190,000 ounces of gold;
- Total Cash Costs1 between $1,000 and $1,100 per ounce;
- All-in Sustaining Costs1 (“AISC”) between $1,100 and $1,200 per ounce; and
- Calibre will provide updated full-year 2022 production and cost guidance incorporating the Nevada operations in Q2 2022.
Darren Hall, President and Chief Executive Officer of Calibre, stated: “Calibre exceeded the high-end of full year 2021 production guidance driven by continued successful operational execution. During the year, Calibre generated strong operating cash flows and self-funded significant exploration and mine development while building cash quarter over quarter. Since acquiring the assets in October 2019, we have re-invested into the business which has increased reserves, discovered new deposits, and identified new targets, positioning Calibre to unlock additional mill feed sources and grow production. As we continue our multi-pronged exploration activities across the assets, we realize the prospective and under-explored potential our portfolio has to offer and will continue to re-invest in the business as exploration and resource delineation programs continue at Libertad, Pavon, Limon, and Eastern Borosi.
“Our goal of becoming a growth oriented, Americas focused mid-tier gold producer continues to advance given our recent agreement to acquire Fiore Gold, providing the next logical step to a robust and jurisdictionally diversified gold producer with three established operations, significant exploration potential and a clear path to growth.”