High grades in Nicaragua expected to raise Calibre Mining’s mineral resource
Exploration of the Talavera deposits west extension confirmed 750 metres of strike beyond historic workings. Hall expressed confidence that this year’s drilling results will drive an increase in Mineral Resources at Limon, with an updated estimate expected in early 2025.
“These recent Limon drill results are among the best we have seen on the property since acquiring Limon in 2019,” said Darren Hall, CEO of Calibre Gold.
Hall highlighted that drilling at Talavera has identified gold mineralization extending 750 metres west of prior underground development. By integrating drilling results since 2019 with historic underground data and a recent structural interpretation, the company anticipates defining a substantial maiden resource for Talavera.
Calibre aims to maximize the value of these properties while contributing to its sustainable growth strategy through targeted drilling and operational optimization.
Meanwhile, in Newfoundland, Calibre Mining has been exploring and developing its high-grade gold deposits in the region. Furthermore, it’s been benefiting from favourable infrastructure and supportive local policies.
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