Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Calibre Mining Corp T.CXB

Alternate Symbol(s):  CXBMF

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.


TSX:CXB - Post by User

Comment by checkmate28on Jun 27, 2022 9:55am
165 Views
Post# 34784256

RE:RE:Bonanza-Grade Gold

RE:RE:Bonanza-Grade Gold

2 DIFFERENT HOLES OVER 300 GRAM METERS  bEAUTIFUL. 
iN A NORMAL MARKET WE'D GET $1.50
BUT WITH NOT MANY WATCHING IN THE SUMMER, WE MIGHT HAVE TO WAIT.   


  • 66.03 g/t Au over 5.6 metres Estimated True Width (“ETW”), including 167.27 g/t Au over 2.3 metres and 14.95 g/t Au over 1.9 metres ETW in Hole LIM-22-4630;
  • 30.33 g/t Au over 5.0 metres ETW, including 40.62 g/t Au over 3.8 metres in Hole LIM-22-4628;
  • 22.55 g/t Au over 4.9 metres ETW, including 68.51 g/t Au over 1.7 metres in Hole LIM-22-4632;
  • 17.58 g/t Au over 2.4 metres ETW, including 28.67 g/t Au over 1.9 metres in Hole LIM-22-4627; and
  • 4.66 g/t Au over 1.7 metres ETW, including 8.20 g/t Au over 0.8 metres in Hole LIM-22-4637.

Darren Hall, President and Chief Executive Officer of Calibre, stated : “I am excited by these exceptionally high-grade drill results from the Panteon North zone, located one kilometre northwest of the high-grade producing Panteon underground mine, as they continue to present significant opportunities for discovery and resource growth within the Limon Mine Complex. Panteon North is open down plunge and along strike to the northwest for further expansion. These results are considerably higher grade than we expected, especially considering the underground reserve grade at Panteon of 7.17 g/t Au. This drilling reinforces our grade driven production growth strategy, though important to note that the high-grade Panteon North discovery was not considered in our recent multi-year production outlook ( see news release here ).

“Calibre recently completed a VTEM geophysical survey within the Limon Mine Complex which, after review of the data, clearly demonstrates a significant opportunity for additional discovery and resource expansion along both the Panteon and Santa Pancha vein trends. The Santa Pancha vein system historically produced over 1.3 million ounces over a strike length of 2.5 km, where the majority of that gold was discovered along the VTEM resistivity low/high contact, which can be viewed here or in the figures linked below. The VTEM resistivity low/high contact has been traced for over 6.0 km from current drilling on both the Santa Pancha and Panteon vein systems and represents a high-priority exploration and resource building opportunity for the Company. Calibre has five active rigs at Limon and will continue to follow both trends with the new exploration data.”


<< Previous
Bullboard Posts
Next >>