Recap and coments https://mugglehead.com/calibre-mining-finds-high-grade-gold-mineralization-outside-of-its-valentine-mine-resource/
Full story above.
Hall emphasized the team’s excitement about the Valentine Gold Mine property, noting its highly prospective district potential, which mirrors the geological characteristics of the Val d’Or and Timmins camps in the Abitibi gold belt.
Additionally, Hall pointed to initial drill results, including Hole FZ-24-048 with 2.43 g/t gold over 172.8 metres and Hole FZ-24-046 with 2.12 g/t gold over 95.4 metres. These encouraging results show significant grades and widths, with mineralization remaining open laterally, vertically, and up-dip.
In just a few months, drilling has revealed broad zones of gold mineralization up to 1,000 metres southwest of the Leprechaun open pit. This includes grades exceeding the reserve grade by over 40 per cent.
These findings bolster confidence in the 250 km² property’s potential as a new gold district. Meanwhile, ongoing drilling northeast of the Marathon deposit has identified several high-priority exploration targets. Hall expressed enthusiasm for the continued progress, citing the expanded multi-rig drill program and advancements toward construction completion.
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( While this is still early in the program its very good news )