Calibre Mining Corp T.CXB

News Follow Up

[Ridgeback]

On guidance:

The Canadian mining company is targeting output of between 230,000 and 280,000 troy ounces in 2025, after gold production last year of 242,487 ounces came in above the top end of its guidance for up to 240,000 ounces.

The guidance includes an expected 200,000 to 250,000 ounces from Calibre's Nicaragua operations and 30,000 to 40,000 ounces from Nevada. The company plans to disclose production targets for Valentine after the first gold is produced from the mine in Newfoundland and Labrador, which is anticipated in the second quarter of the year.

Calibre said it now sees the potential for production from Valentine to top levels outlined in the company's 2022 feasibility study, given recent exploration efforts. In late November, the company announced the discovery of new broad zones of gold mineralization south of the mine and not included in the mineral resources for the mine's Frank Zone.

Calibre said it is actively advancing plans to accelerate the timeline for scaling up production at Valentine to as much as 5.4 million metric tons a year, where the original mine design envisioned an increase in throughput from a planned 2.5 million tons a year to 4 million tons starting in 2029.
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So for those that bought on or during the dipsey doodle downside congratulations, my last buy was Monday. Just made it by luck. For the naysayers pick a new topic you may better understand.

[tootall123]

(For the naysayers pick a new topic you may better understand) All of these naysayers are losers and liar, they don't have any skin in this game, thiey have no money they are on welfare... GOLD IS KING...