Mining News
Calibre commences ore deliveries from its Eastern Borosi gold mine to Libertad mill
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(Kitco News) - Calibre Mining (TSX: CXB) announced on Tuesday that, following the commencement of mining at its 100% owned Eastern Borosi open pit mine in early April, ore deliveries to the Libertad processing plant commenced in May.
The company’s Eastern Borosi gold-silver property is located in the northeastern Nicaraguan low-sulphidation, epithermal district that hosts numerous high-grade, gold-silver vein systems.
Importantly, Calibre said that vein systems hosting the current inferred resource of 4,418,000 tonnes at 4.9 g/t Au and 80 g/t Ag containing 700,500 Au ounces and 11,359,000 Ag ounces remain open to further expansion along with numerous undrilled targets.
President and CEO Darren Hall stated, “I am very pleased with the progress made at the Eastern Borosi mine complex, successfully transforming the exploration district to a production centre. The development of Eastern Borosi marks another significant milestone for the company which will positively contribute to our grade driven production growth as we reaffirm our 2023 guidance of 250,000 to 275,000 ounces.”
Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a pipeline of development and exploration opportunities across Nevada and Washington in the USA, and Nicaragua.
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