For thousands of other reports visit RSC's Mineral Intellingence Map
Calibre Mining Corp.
Summary
| Project: | El Limon | |
|---|---|---|
| Deposit: | Panteon | |
| Location: | Nicaragua | |
| Commodities: | Gold | |
| Date: | 6/3/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Active Mining & Production | |
| Report details: | 3-6-2020: Calibre Mining Corp. announces a Resource Estimation report for its Panteon deposit at the El Limon project. Updated Mineral Resource Estimate for Project. Vancouver, B.C. – June 3, 2020 – Calibre Mining Corp. (“Calibre” or the “Company”)(TSX: C | |
| Resources: | (Resources): 90kt @ 9.88g/t Au (Ind.) & 303kt @ 6.79g/t Au (Inf.) | |
| CP/QP: | [Resource]: Mark Petersen, Jose M. Texidor Carlsson (Internal,Roscoe Postle Associates Inc.) | |
| ABSTRACT: | Vancouver, B.C. – June 3, 2020 – Calibre Mining Corp. (“Calibre” or the “Company”)(TSX: CXB; OTCQX: CXBMF) is pleased to announce a maiden Mineral Resource estimate for the Panteon deposit at its Limon mine. Panteon is a high-grade vein located approximately 150 metres from the currently-producing Santa Pancha underground mine. Russell Ball, Chief Executive Officer of Calibre, stated: “Panteon represents a good example of value creation from the drill-bit that will allow us to leverage our surplus mill capacity at Libertad through our ‘hub-and-spoke’ operating philosophy. We see good potential for the mineralization to continue along strike and down plunge when we resume exploration activities later this month.” Roscoe Postle Associates Inc. (“RPA,” now part of SLR Consulting Ltd.) estimates that the Panteon deposit currently contains an Indicated Mineral Resource of 90,000 tonnes at an average grade of 9.88 g/t Au for 29,000 contained ounces, with an additional Inferred Mineral Resource of 303,000 tonnes at an average grade of 6.79 g/t Au for 66,000 contained ounces (see Table 1 below). | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report