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

Retrieved on: 
Thursday, February 3, 2022
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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.

Calibre Mining Discovers High-Grade Gold Mineralization at Libertad’s Volcan Target

Retrieved on: 
Tuesday, November 16, 2021
Legislation, Environmental resource management, Cerro, News, Safety management system, Method, Bureau Veritas, OTCQX, Rosario, Santa Fe, 3D, Transport, Forward-looking statement, Silver, Risk, Vein, Growth, Biophysical environment, SAS, Veritas, Program, NI, Element, Trancas (album), ISO14001, TSX, Acquisition, Company, GLOBE, Quality management system, ICP, QA/QC, Time, Quality, QA, Gold, CXB, Uranium, Audit

Darren Hall, President & Chief Executive Officer of Calibre, stated: We are excited to report these latest drill results from our exploration program at Libertad confirming a second zone of high-grade gold mineralization along the prospective Volcn trend.

Key Points: 
  • Darren Hall, President & Chief Executive Officer of Calibre, stated: We are excited to report these latest drill results from our exploration program at Libertad confirming a second zone of high-grade gold mineralization along the prospective Volcn trend.
  • During 2020, our team successfully increased reserves over 200% ( see Calibre news release dated March 29, 2021 ) and discovered multiple new gold zones within the shadow of the headframe at both mine sites.
  • Since confirming the presence of near surface high grade gold mineralization at Cerro Volcn earlier this year, Calibre has continued exploring the Volcn vein trend as it extends along strike to the southwest.
  • Calibre Mining is a Canadian-listed international gold mining and exploration company with three 100%-owned operating gold mines and strong exploration assets located in highly prospective gold regions across Nicaragua.