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Calibre Reports Strong First Quarter 2021 Production and Costs, Including Initial High-Grade .
Calibre Mining Corp.May 3, 2021 GMT
VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operational results for the three months ended March 31, 2021 (“Q1 2021”). The interim consolidated financial statements and management discussion and analysis can be obtained from www.sedar.com and the Company’s website, www.calibremining.com. All figures are expressed in U.S. dollars.
Q1 2021 HIGHLIGHTS
Production includes the first ore delivery from the Pavon Norte mine to the Libertad mill
VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE)
Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operational results for the three months ended March 31, 2021 (“Q1 2021”). The interim consolidated financial statements and management discussion and analysis can be obtained from www.sedar.com and the Company’s website, www.calibremining.com. All figures are expressed in U.S. dollars.
Q1 2021 HIGHLIGHTS
Production includes the first ore delivery from the Pavon Norte mine to the Libertad mill
Demonstrating Calibre’s ability to advance new satellite deposits: ‘permit to plant’ in less than 18 months;
Positive Pavon gold mine Pre-feasibility Study, currently in production, with strong exploration potential, and an after-tax net present value of $106 million (at a $1,700 price of gold and a discount of 5%)
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VANCOUVER, British Columbia, April 14, 2021 (GLOBE NEWSWIRE)
Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) ( Calibre or the Company ) is pleased to announce operating results for the three months ended March 31, 2021 (all amounts in United States dollars).
Q1 2021 Highlights:
Production includes the first ore delivery from the Pavon Norte mine to the Libertad mill
Demonstrating Calibre s ability to advance new satellite deposits: permit to plant in less than 18 months;
Gold sales of 45,882 ounces;
Cash on hand of $58.2 million, a $5.1 million increase from December 31, 2020;
2021 production and cost guidance remain on track;
Growth and exploration capital are currently expected to be H1 weighted;
Calibre Mining Corp.: Calibre Announces Positive Pavon Gold Mine Pre-Feasibility Study; Pavon Norte Currently in Production; Strong Exploration Potential; After-tax NPV5% at US$1,700 gold of $106 Million
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$106.4 million
Darren Hall, Chief Executive Officer of Calibre, stated: In 14 months, since announcing the Pavon open pit resource, Calibre has permitted Pavon Norte, and commenced ore deliveries to the Libertad mill. Over the past two months, the team has safely and steadily increased ore haulage rates in-line with our expectations contributing to the Company s 2021 consolidated gold production guidance of between 170,000 and 180,000 ounces. Pavon has been a great example of our Hub-and-Spoke operating model, by demonstrating how satellite deposits can be efficiently permitted and provide ore to our Libertad mill, extending mine life and generating robust cash flows. Pavon mineralization is open at depth, and along strike, beyond the pit constrained mi
Tempus Resources Limited: Blackdome-Elizabeth Gold Project Update
Visible gold observed in drill hole EZ-20-06 over 2 metre interval
Perth, Australia (Newsfile Corp. - December 15, 2020) - Tempus Resources Ltd (ASX: TMR) (TSXV: TMRR) (
Tempus or the Company ) is pleased to provide an update on exploration activities at its Blackdome-Elizabeth Gold Project, located in British Columbia, Canada (the Project ).
Diamond drilling at the high grade
Elizabeth sector of the Project has now been completed for the 2020 field season. A total of 12 diamond drill holes were completed totalling 2,006 m (Figure 1). The remainder of the planned 6,000m of drilling will commence in the Canadian spring of 2021. Drill hole information can be found in Appendix 1 of this announcement. The first four drill holes have now been received at SGS laboratory in Burnaby, B.C. for analysis and assay results are expected early in the new year.