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Calibre Mining Corp.
Summary
| Project: | Primavera | |
|---|---|---|
| Deposit: | Santa Maria | |
| Location: | Nicaragua | |
| Commodities: | Gold-Silver-Copper-Zinc | |
| Date: | 8/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-8-2017: Calibre Mining Corp. announces an Exploration/Drilling Update report for its Santa Maria deposit at the Primavera project. Drilling results incl. 5.85m @ 7.5g/t Au from 121.15m. Vancouver, British Columbia: Calibre Mining Corp. (TSX-V: CXB) (the | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Gregory Smith (Internal) | |
| ABSTRACT: | Vancouver, British Columbia: Calibre Mining Corp. (TSX-V: CXB) (the “Company” or “Calibre”) is pleased to announce the final results from the 2017 maiden drilling program on the 100% owned Santa Maria Gold-Copper-Zinc Project in Nicaragua. Greg Smith, President and CEO of Calibre stated: “Drill results from the maiden drill program at Santa Maria continue to expand the new discovery most notably on the northern end of the drill tested part of the structure where new results include 5.85 metres grading 2.02 g/t Au and 3.46% Cu. Results are beginning to define a metal zonation within the system with gold mineralization associated with increasing copper and lower zinc in the north interpreted to be vectoring north toward the source of the mineralized fluids.” The 2017 maiden drill program at Santa Maria consists of 13 diamond drill holes totaling 2100 metres. The drilling tested 800 metres of strike length to depths of between 50 and 100 metres below surface. Existing targets with potential for further gold-silver-copper-zinc discoveries on the Santa Maria Project include both the northern and southern structural extensions to the drill tested area (where additional multi-element anomalies have been defined), additional sub-parallel structures which have been identified based on rock and soil anomalies, intrusive related mineralization associated with the mapped granodiorite centered two kilometres north of the current drilling, as well as skarn zones hosted in previously recognized altered limestone and sedimentary rocks. | |
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