The Conversation (0)
Calibre Mining Corp. (CVE:CXB) reports the joint venture partner B2Gold Corp. (TSE:BTO) has approved a Phase 2 exploration program and budget for the Primavera gold-copper prospect, Northeast Nicaragua.
The press release is quoted as saying:
At the Primavera gold-copper prospect Calibre has identified three areas with substantial gold and copper anomalies highlighted by an 850 metre by 300 metre coincident gold-copper soil anomaly containing consistent values over 100 ppb gold (up to 1.18 g/t Au) and 250 ppm copper. The area is thought to be prospective for epithermal and porphyry systems. Reconnaissance rock sampling identified high grade gold and copper mineralization in grab samples from quartz veins and breccias in the central part of the prospect area including: 31.8 g/t Au and 2.41% Cu (sample B10R1372), 24.8 g/t Au and 0.14% Cu (sample B10R4083), 14.65 g/t Au and 1.33% Cu (sample B10R1371) and 34.1 g/t Au (sample B10R5092) (see Calibre news release dated May 9, 2011). For a detailed location map please view a Primavera gold, copper prospect plan map on the Company’s website at www.calibremining.com.
Click here to access the entire news release.
Click here to access Calibre’s company profile.(TSXV:CXB)