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Bullboard - Stock Discussion Forum 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... see more

TSX:CXB - Post Discussion

View:
Post by wreckhouse on Feb 08, 2024 6:09pm

Vulcan

Further, five samples assayed greater than 200 ppm gold within anomalous clusters on the margins of the geophysical anomalies suggesting association with the Victoria Lake sedimentary country rock into which the Red Cross Lake Intrusion penetrated. The Red Cross Lake property is immediately adjacent to the Marathon Gold, now Calibre Mining Corp., claims where a multi million-ounce gold deposit is currently is being developed. Their mining lease is approximately 3.5 kilometres to the west of Vulcan's claim boundary.

Just a little tid bit for our folks out there .  BCRNW
Comment by Ridgeback on Feb 09, 2024 8:09am
That's interesting.  Long term with so many companies working along the trend I can guess that more mergers will come in the future and with CXB's mill the opportunity to expand or absorb additional ground lookspositive. OK long ways down the road but a mill in the middle of the puddle looks good.
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