(Kitco News) - Calibre Mining (TSX: CXB) today reported consolidated quarterly gold production of 49,081 ounces it achieved in Q3 2022, a 10% increase compared to Q3 2021 (44,579 ounces).
The company said that Nicaraguan Q3 gold pours were negatively impacted due to an unplanned outage at the carbon plant, which is now back up and running, adding that the company is on track to deliver full year guidance of 220,000 - 235,000 ounces.
President & CEO Darren Hall stated, “Gold poured during the quarter was negatively impacted by the carbon plant outage at Libertad however with increased in progress inventory and higher grades we anticipate a strong Q4 and remain on track to meet our 2022 production guidance of 220,000 – 235,000 ounces.
“During the quarter we continued to progress development at Pavon Central and Eastern Borosi, preparing to start both satellite sites for production during 2023, setting ourselves up for a grade-driven production increase.”
“We continue to see exciting results from our exploration program across all assets and in particular at Panteon North at the Limon complex with continued high-grade intercepts outside of our 2021 resource estimates,” he added.
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.
