Hymenaea courbaril

Calibre Intercepts High-Grade Gold & Silver Mineralization from Several Targets at its Eastern Borosi Mine Complex; Drilling Intersects Include 10.81 g/t Gold over 3.4 metres, 9.64 g/t Gold over 3.3 metres, 1,431.6 g/t Silver over 2.9 metres and 642.3 g/t

Retrieved on: 
Monday, April 15, 2024

6.87 g/t Au over 7.0 metres Estimated True Width (“ETW”) including 19.80 g/t Au over 1.1 metres ETW and 6.08 g/t Au over 3.8 metres ETW in Hole BL-23-118;

Key Points: 
  • 6.87 g/t Au over 7.0 metres Estimated True Width (“ETW”) including 19.80 g/t Au over 1.1 metres ETW and 6.08 g/t Au over 3.8 metres ETW in Hole BL-23-118;
    5.72 g/t Au over 8.9 metres ETW including 8.21 g/t Au over 4.8 metres ETW and 7.50 g/t Au over 1.3 metres ETW in Hole BL-23-131;
    8.46 g/t Au over 5.8 metres ETW including 14.80 g/t Au over 2.9 metres ETW in Hole BL-23-133;
    7.06 g/t Au over 17.7 metres ETW including 14.70 g/t Au over 3.3 metres ETW and 12.69 g/t Au over 3.4 metres ETW and 8.92 g/t Au over 2.3 metres ETW in Hole BL-23-136;
    10.81 g/t Au over 3.4 metres ETW including 19.10 g/t Au over 1.8 metres ETW in Hole BL-23-143;
    9.64 g/t Au over 3.3 metres ETW in Hole BL-16-044; and
    5.77 g/t Au over 14.5 metres ETW including 14.00 g/t Au over 3.8 metres ETW and 10.00 g/t Au over 2.2 metres ETW in Hole GTH-BL-23-006.
  • 1,431.6 g/t Ag over 2.9 metres ETW including 1,240.5 g/t Ag over 1.4 metres ETW in Hole BL-15-018;
    642.3 g/t Ag over 5.0 metres ETW including 1,014 g/t Ag over 2.0 metres ETW in Hole BL-15-017;
    401.8 g/t Ag over 3.5 metres ETW including 925.0 g/t Ag over 1.3 metres ETW in Hole BL-23-111;
    318.1 g/t Ag over 1.5 metres ETW in Hole BL-23-112;
    307.3 g/t Ag over 2.7 metres ETW in Hole BL-23-115;
    227.0 g/t Ag over 9.0 metres ETW including 247.8 g/t Ag over 4.8 metres ETW and 437.0 g/t Ag over 1.3 metres ETW in Hole BL-23-131; and
    181.9 g/t Ag over 2.8 metres ETW including 288.5 g/t Ag over 1.7 metres ETW and 162.6 g/t Ag over 5.8 metres ETW including 225.2 g/t Ag over 2.9 metres ETW in Hole BL-23-133.
  • Note: Estimated True Widths for reported vein intercepts are based on 3D models of individual veins.
  • Prior to analysis, samples are prepared at Veritas’s Managua facility and then shipped to its analytical facility in Vancouver, Canada.

Calibre Reports Record Quarterly Revenue on Strong Operational Performance Setting up for a Successful 2023

Retrieved on: 
Monday, May 8, 2023

VANCOUVER, British Columbia, May 08, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three months ended March 31, 2023 (“Q1 2023”).

Key Points: 
  • VANCOUVER, British Columbia, May 08, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three months ended March 31, 2023 (“Q1 2023”).
  • Consolidated Financial Statements and Management Discussion & Analysis for the three months ending March 31, 2023 can be found at www.sedar.com and the Company’s website, www.calibremining.com .
  • Darren Hall, President and Chief Executive Officer of Calibre, stated: “Calibre had an excellent start to the year, responsibly delivering record gold production of 65,750 ounces.
  • During Q2 we began mining at our new Eastern Borosi open pit and expect initial deliveries to Libertad in Q2.

Calibre Commences Mining at its High-Grade 6.8 g/t Gold Eastern Borosi Open Pit

Retrieved on: 
Tuesday, April 18, 2023

VANCOUVER, British Columbia, April 18, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce that mining commenced at its 100% owned, new high-grade Eastern Borosi open pit mine operation.

Key Points: 
  • VANCOUVER, British Columbia, April 18, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce that mining commenced at its 100% owned, new high-grade Eastern Borosi open pit mine operation.
  • Darren Hall, President and Chief Executive Officer of Calibre, stated: “Mining from the Guapinol open pit at Eastern Borosi commenced on schedule and marks another significant milestone in Calibre’s efforts to deliver on expectations and organically grow gold production.
  • With Eastern Borosi open pit reserves at Guapinol of 6.8 g/t gold, we remain on track to deliver consolidated production of 250,000 – 275,000 ounces in 2023, a 20% increase over 2022.
  • To date, 43% of the population around our Eastern Borosi operation has benefited directly from vocational training initiatives, procurement opportunities or employment.

Calibre Outlines Multi-Rig Exploration Programs and Key 2022 Objectives for Resource and Producton Growth in Nicaragua

Retrieved on: 
Thursday, February 3, 2022

Tom Gallo, Calibre's newly appointed SVP Growth, comments: I left Canaccord Genuity as a mining analyst and joined Calibre because I believed in the considerable geological potential of Nicaragua.

Key Points: 
  • Tom Gallo, Calibre's newly appointed SVP Growth, comments: I left Canaccord Genuity as a mining analyst and joined Calibre because I believed in the considerable geological potential of Nicaragua.
  • Libertad and surrounding concessions consist of several low sulphidation epithermal vein systems with historic production of >1.9 Mozs of gold.
  • Exploration work has demonstrated potential in several areas for near-surface mineralization, resource growth and new high priority discoveries and targets within 5-10 km of the Libertad mill and surrounding concessions.
  • Calibre will conduct twin drillholes to confirm the reliability of the assays during our 2022 drilling program.

Use Of Gold As A Portfolio Diversifier Expected To Grow This Year With Hope Prices Move Higher

Retrieved on: 
Tuesday, August 10, 2021

The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets.

Key Points: 
  • The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets.
  • This year, they are expected to buy gold but wait for prices to soften on temporary dips before they step in as big buyers.
  • This buying pattern is expected to have a different impact on prices than what was seen in 2020.
  • The Company previously released its gold production and gold revenue results for the second quarter and first half of 2021.

Use Of Gold As A Portfolio Diversifier Expected To Grow This Year With Hope Prices Move Higher

Retrieved on: 
Tuesday, August 10, 2021

PALM BEACH,  Fla., Aug. 10, 2021 /PRNewswire/ -- After a record year, gold is bound to see more gains in the medium and long-term, according to the CPM's Gold Yearbook. The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets. The pandemic has changed the world, making some of the existing problems even worse and setting gold up to benefit, the CPM Group said.  "While the pandemic will eventually pass, it has left the world changed and has in fact compounded and worsened some of the factors that are supportive of gold prices," the CPM Group said.  The biggest drivers that will support gold as the world reopens include sovereign and private sector debts, deficits, and ultra-loose monetary policies.  Governments around the world will struggle to reverse the fiscal policies introduced as a response to the pandemic, said the CPM Group, citing lackluster economic growth in coming years.  Active stocks in the mining markets this week include Calibre Mining Corp. (OTCQX: CXBMF) (TSX: CXB), Franco-Nevada Corporation (NASDAQ: FNV), B2Gold Corp. (NYSE: BTG) (TSX: BTO), Gold Fields Limited (NYSE: GFI), Alamos Gold Inc. (NYSE: AGI) (TSX: AGI).

Key Points: 
  • The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets.
  • This year, they are expected to buy gold but wait for prices to soften on temporary dips before they step in as big buyers.
  • This buying pattern is expected to have a different impact on prices than what was seen in 2020.
  • The Company previously released its gold production and gold revenue results for the second quarter and first half of 2021.