- Calibre Mining (CXB) has unearthed High Grade Drill Intercepts at its Gold Rock Project in Nevada
- The project lies within a prospective 78 km2 land package with numerous high-priority targets open for discovery and resource expansion
- High-grade drill results include 2.19 g/t gold over 44.2 metres and 3.36 g/t gold over 22.9 metres
- Calibre Mining Corp. is an Americas-focused mid-tier gold producer with development and exploration opportunities in the U.S. and Nicaragua
- Calibre (CXB) opened trading at $1.08 per share as of 10:05 am ET
Calibre Mining (CXB) has unearthed high grade drill Intercepts at its Gold Rock Project in Nevada.
Located in the Battle Mountain – Eureka gold trend, the 100 per cent owned project lies within a prospective 78 km2 land package with numerous high-priority targets open for discovery and resource expansion.
High-grade drill results include 2.19 g/t gold over 44.2 metres and 3.36 g/t gold over 22.9 metres.
Darren Hall, Calibre’s President, and CEO called this continued high grade intercepts over significant widths across the primary project areas, in addition to significant potential across the 16.5 km mineralized trend.
“Drill results from 2021 and to date 2022 have intercepted grades higher than the reported indicated mineral resource average grade of 0.66 g/t gold. Encouraging metallurgical results demonstrate the mineralization is amenable to heap leaching with favorable recoveries and leach cycles. We continue to advance infill drilling and technical studies to support permit applications in the near term and enable reserve declaration at the end of 2022. Gold Rock was not included in our recently released multi-year outlook of forecast gold production.”
Calibre Mining Corp. is an Americas-focused mid-tier gold producer with development and exploration opportunities in the U.S. and Nicaragua.
Calibre (CXB) opened trading at $1.08 per share as of 10:05 am ET.