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 > New Press Release - Calibre Delivers High-Grade Ore From the Pavon Central Mine Ahead of Schedule to the Libertad Mill Averaging 1,000 Tonnes Per Day at 7.39 g/t Gold in February

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Comment by geezer21on Mar 16, 2023 1:00pm

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Post# 35342869

RE:RE:RE:New Press Release - Calibre Delivers High-Grade Ore From the Pavon Central Mine Ahead of Schedule to the Libertad Mill Averaging 1,000 Tonnes Per Day at 7.39 g/t Gold in February

Not quite 7000 oz MrDales62 .... but a great start ahead of schedule. Once again Calibre under promises and over delivers on a guidance time frame.

7.39 gpt X 1000 tpd / 31 g per oz x 28 day = 6675 oz

Probably about 92 -93 % recovery rate so about 6140 oz payable in February from the new source

On the year that is 6,140 x 11 months = 67,540 from Pavon.

That is approximately 1/3 third 2023 guidance. With this boost of high grade Calibre should in all likely hood exceed guidance by a wide margin.

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