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Calibre Mining Corp.
Summary
| Project: | El Limon | |
|---|---|---|
| Deposit: | Panteon | |
| Location: | Nicaragua | |
| Commodities: | Gold-Silver | |
| Date: | 4/9/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 9-4-2020: Calibre Mining Corp. announces an Exploration/Drilling Update report for its Panteon deposit at the El Limon project. Drilling results incl. 4.4m @ 17.96g/t Au from 210m. Vancouver, British Columbia – April 9, 2020: Calibre Mining Corp. (TSX: CX | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mark A. Petersen (Internal) | |
| ABSTRACT: | Vancouver, British Columbia – April 9, 2020: Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to report drilling results from the Panteon deposit, part of the El Limon mine complex. The drilling results confirm the continuity of high-grade gold mineralization over consistent, mineable widths along the down-plunge projection of the deposit, below the base of historic workings. Prior to the start of drilling in Q4 2019, the deposit had only been tested 120 metres along strike and to a depth of 115 metres from surface. The current drilling is focused on delineating an indicated resource along the down plunge projection of the deposit, as well as to test potential at depth and along strike to the southeast (see link to figures below). Russell Ball, Chief Executive Officer, stated: “A great start to a potential new underground operation at our Limon mine. The proximity to our Santa Pancha underground mine provides an excellent opportunity for the rapid delineation and development of a new, high-grade resource at Panteon. | |
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