The Conversation (0)
Calibre Mining Corp. (TSXV:CXB) announced that the Company has initiated a Phase 1 diamond drilling program on the Company’s Primavera gold-copper prospect on the Borosi Project in Northeast Nicaragua.
As quoted in the press release:
The Phase 1 drill program is the first drill test of the newly discovered Primavera gold-copper prospect which encompasses an 850 metre by 300 metre gold and copper soil anomaly which has been explored by 6 trenches totalling 497 metres. Over the next 30 days Calibre is planning to complete 3 drill holes totalling approximately 500 metres.
Calibre has also received complete assay results for Trench PRTR11-014 which is the final completed trench on the Primavera target. PRTR11-014 intersected continuous gold and copper mineralization over the entire excavated length of the trench and returned a weighted average grade of 0.42 g/t Au and 1286 ppm Cu over 51.7 metres (170 feet) with the mineralization being open for expansion in all directions (see Table 1 below). Trench PRTR11-014 was excavated in a north-easterly direction and starts approximately 5.0 metres from the east end of trench TRPR11-012 which assayed 0.70 g/t Au and 1313 ppm Cu over 58.0 metres (see Calibre News Release dated November 14, 2011).
Click here to read the Calibre Mining Corp. (TSXV:CXB) press release
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