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Calibre Mining Corp.
Summary
| Project: | Eastern Borosi | |
|---|---|---|
| Deposit: | Eastern Borosi | |
| Location: | Nicaragua | |
| Commodities: | Gold-Silver-Lead-Zinc | |
| Date: | 9/5/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 5-9-2018: Calibre Mining Corp. announces an Exploration/Drilling Update report for its Eastern Borosi deposit at the Eastern Borosi project. Drilling results incl. 15.90m @ 5.75g/t Au, 34.26g/t Ag from 53.0m. Vancouver, British Columbia: Calibre Mining Co | |
| Resources: | (Resource, Inf.): 4.4Mt @ 4.93g/t Au, 80g/t Ag for 0.700Moz Au, 11.359Moz Ag contained | |
| CP/QP: | [Overall Report]: Gregory Smith (Internal) | |
| ABSTRACT: | Vancouver, British Columbia: Calibre Mining Corp. (TSX-V: CXB) (the “Company” or “Calibre”) is pleased to report additional results for the on-going 2018 diamond drilling program on the Eastern Borosi Gold-Silver Project, Nicaragua (the “Project”). Exploration and drilling on the Project is being funded by Calibre’s JV partner IAMGOLD Corporation (“IAMGOLD”). President and CEO Greg Smith stated: “Recent drilling at the La Luna gold-silver deposit has returned the highest-grade intercept ever drilled on the La Luna Deposit and additional drilling is currently underway to follow-up on this discovery. Drilling in 2018 will also include first pass drilling of New Targets with a further 3000 metres scheduled to be completed before year end.” Drilling to date in 2018 has consisted of step out holes following up on previous high grade intercepts on a series of structures. Total holes completed to date: 32 - (3 Veta Loca “B”, 3 Guapinol, 12 Cadillac-Jaguar, 6 East Dome, 3 Main Blag, 5 La Luna). Total meterage to date 2018 (completed holes): 7,053.08 metres - (468.17m Veta Loca “B”, 590.17m Guapinol, 2,414m Cadillac-Jaguar, 2,052.72 East Dome, 1,087.32m Main Blag, 440.92m La Luna). The complete H2 2018 assay results are provided in the Table 2 below. Drill hole details and maps can be found on Calibre’s website www.calibremining.com. | |
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