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VANCOUVER, British Columbia, April 20, 2021 (GLOBE NEWSWIRE)
Calibre Mining Corp. ( Calibre or the Company )(TSX: CXB; OTCQX: CXBMF) is pleased to announce that the Company has commenced advancing the 100% owned Eastern Borosi Project ( EBP ) located in northeastern Nicaragua. During March Calibre initiated a diamond drilling program to convert resources in three high-grade gold deposits from inferred to indicated classification and drill new, high priority gold-silver targets that have been outlined based on geochemical, geophysical and structural data. This work is being done with the aim of advancing EBP to be the next high-grade Mining Spoke as part of the Company s Hub-and-Spoke operating strategy.
Calibre Advances 100% Owned Eastern Borosi Gold-Silver District; Potential to Expand the Hub-and-Spoke Operation; Multi-Rig Drill Program Underway
April 20, 2021 07:00 ET | Source: Calibre Mining Corp. Calibre Mining Corp.
VANCOUVER, British Columbia, April 20, 2021 (GLOBE NEWSWIRE)
Calibre Mining Corp. ( Calibre or the Company )(TSX: CXB; OTCQX: CXBMF) is pleased to announce that the Company has commenced advancing the 100% owned Eastern Borosi Project (“EBP”) located in northeastern Nicaragua. During March Calibre initiated a diamond drilling program to convert resources in three high-grade gold deposits from inferred to indicated classification and drill new, high priority gold-silver targets that have been outlined based on geochemical, geophysical and structural data. This work is being done with the aim of advancing EBP to be the next high-grade ‘Mining Spoke’ as part of the Company’s “Hub-and-Spoke” operating strategy.