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 > I would put pretty good odds that cxb will buy cog

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Comment by geezer21on Mar 17, 2023 4:05am

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Post# 35344294

RE:RE:I would put pretty good odds that cxb will buy cog

Calibre may not have to incur the cost of installing a plant and simply have a mining operation and haul the ore to their other plants.

Condor has a new SAG mill that could be moved to one of Calibre's other plants to increase through put at an existing plant.

The cost saving in not putting in a mill at Condor would more than compensate for haulage. Also the grades appear high enough to justify haulage.

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