Blag

Calibre Increases Nicaraguan Mineral Reserve Grade by 16% and Nevada Mineral Reserves Grow by 23%, Net of Production Depletion

Retrieved on: 
Tuesday, February 14, 2023
Resource, TSX, Blag, Gold, Classification, Acquisition, Mineral Resources Limited, CXB, Buena Vista, Mineral, OTCQX, Palladium, Uranium mining, Lithium, Natural gas, Caliber

23% increase in pit-constrained Pan Mine Mineral Reserves to 234,000 ounces gold, net of depletion; and

Key Points: 
  • 23% increase in pit-constrained Pan Mine Mineral Reserves to 234,000 ounces gold, net of depletion; and
    12% increase in Pan Mine Measured and Indicated Mineral Resource to 359,000 ounces gold.
  • Darren Hall, President and Chief Executive Officer of Calibre stated: “Since acquiring our Nicaraguan assets in Q4 2019, the teams’ commitment has created significant value.
  • Our 2022 Nevada programs yielded a 23% increase in Mineral Reserves, net of depletion.
  • Nicaragua Mineral Resource and Reserve Statements - December 31, 20221,2,3,4,5,6
    All notes with parameters are at the end of the press release.

Calibre Outlines 2023 Multi-Rig Gold Discovery and Resource Expansion Drill Programs In Nevada and Nicaragua

Retrieved on: 
Tuesday, February 7, 2023
ISO14001, Mining, Coyote, National Instrument 43-101, CXB, Veritas, Gold, QA, Blag, Classification, Vein, SAS, TSX, Bureau Veritas, Panteones metro station, National instrument, Quality management system, ICP, Silver, OTCQX, News, Biophysical environment, Inductively coupled plasma mass spectrometry, Safety management system, Element, Pan, Environmental resource management, QA/QC, Ministry of Oil and Mineral Reserves (Syria), Growth, Quality, Jonathan Guilmette, Soil, Buena Vista, Oil, Lithium, Petroleum, Caliber

VANCOUVER, British Columbia, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to provide an update on the Company's 2023, multi-jurisdictional, 100 km discovery and resource expansion drill programs.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to provide an update on the Company's 2023, multi-jurisdictional, 100 km discovery and resource expansion drill programs.
  • Darren Hall, President and Chief Executive Officer of Calibre, stated: “I am very pleased with the outcome of our 2022 drill programs in both jurisdictions.
  • The team were able to deliver our objective of identifying new, robust deposits, confirming the significant discovery and resource expansion potential across our underexplored assets.
  • The high-grade Panteon North zone and the multi-kilometre long VTEM Gold Corridor remain our top priorities in Nicaragua, while the Coyote gold discovery at Pan, and deeper Carlin-style targets at Gold Rock have the team very excited in Nevada.