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Calibre Announce Results from the Minnesota Gold-Copper Project, Nicaragua

Investing News Network
Apr. 26, 2012 08:58AM PST
Gold Investing

Calibre Mining Corp.(TSXV:CBX) announced the latest results from its B2 Gold joint venture project. The Company reported results from its Minnesota gold-copper project on the Nicaraguan Borosi concession.

Calibre Mining Corp.(TSXV:CXB) announced the latest results from its B2 Gold joint venture project. The Company reported results from its Minnesota gold-copper project on the Nicaraguan Borosi concession. Calibre is currently planning its next phase of exploration at the project.

As quoted in the press release:

The Minnesota gold-copper project is located 20 kilometres northwest of the Primavera gold-copper project where an on-going B2Gold/Calibre drill program has intersected significant porphyry-style gold-copper mineralization including: 261.70 metres grading 0.78 g/t Au, 0.30% Cu (PR-11-002) and 172.35 metres grading 0.48 g/t Au and 0.24% Cu (PR-12-008). The Minnesota area was selected as a high priority target during regional evaluation of the entire Borosi Joint Venture area.

Calibre, Chairman, Douglas Foster, said:

We are very encouraged by the initial mapping, soil geochem and trenching results at the Minnesota gold-copper project. B2Gold and Calibre are currently planning the next phase of exploration at this high priority target which will include detailed mapping focusing on delineating intrusive centres and alteration as well as additional trenching over areas with newly defined gold/copper soil anomalies.

Click here to read the Calibre Mining Corp. (TSXV:CXB) press release


Click here to see the Calibre Mining Corp. (TSXV:CBX) profile

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