QTP

Calibre’s Valentine Gold Mine Property-Wide Exploration Program Underway With Initial Drill Program Southwest of the Leprechaun Deposit Following Recent Discovery Drilling Including 46 g/t Gold Over 5.3 Metres

Retrieved on: 
Wednesday, April 3, 2024
Diamond, Quartz, QA/QC, Labrador, National Instrument 43-101, Grand Falls-Windsor, Mineral Resources Limited, Vein, VLF, Gold, Copper, QTP, SGS, ETW, News, RC, Indication (medicine), Anomaly, Geology, National instrument, Magnetism, TSX, Mineral, CXB, Leprechaun, OTCQX, RAB, Soil, Orientation, Resource, AA, Mining

Our initial exploration focuses on prioritizing new regional target identification along with resource expansion in previously drilled areas.

Key Points: 
  • Our initial exploration focuses on prioritizing new regional target identification along with resource expansion in previously drilled areas.
  • Below the Marathon, Berry and Leprechaun pits the gold system remains open for expansion and we see excellent potential for additional high-grade gold mineralization as supported by drill results including 150.27 g/t Au over 4.3 metres.
  • This mineralization is trending southwest along the VLSZ toward Frank ( Calibre Reports Positive Drill Results February 6, 2024 news release ).
  • (NL), Calibre Mining’s Vice President, Geology and Exploration for Canada, and a "Qualified Person" under National Instrument 43-101.

Calibre Reports Positive Drill Results One Kilometre Southwest of Valentine Gold Mine Resources Demonstrating Strong Discovery Potential Across the 32 Kilometre Shear Zone, Newfoundland & Labrador, Canada; Drilling Intersected 3.14 g/t Au Over 14.8 Metres

Retrieved on: 
Tuesday, February 6, 2024
Quartz, National instrument, National Instrument 43-101, Geology, Life, Vein, Gold, News, Running, QA/QC, AA, CXB, TSX, Valentine, Mineral Resources Limited, QTP, Leprechaun, ETW, Mining

The three open pits included in the current life of mine plan for the Valentine Gold Mine (“Valentine” or “VGM”), represent approximately six kilometres of the 32-kilometre Valentine Lake Shear Zone (“VLSZ").

Key Points: 
  • The three open pits included in the current life of mine plan for the Valentine Gold Mine (“Valentine” or “VGM”), represent approximately six kilometres of the 32-kilometre Valentine Lake Shear Zone (“VLSZ").
  • Frank is one of many additional opportunities along the VLSZ highlighting the strong potential for discovery and expansion of Mineral Resources.
  • Calibre is also pleased to provide the 2024 exploration program for Valentine.
  • Currently, Frank extends 850 metres along strike and is located approximately one kilometre southwest of the active Leprechaun open pit.