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Calibre Mining and B2 Gold Report Positive Results from Follow-up Trenching at Borosi Concessions, Nicaragua
May. 08, 2014 07:55AM PST
Gold Investing
Calibre Mining Corp. (TSXV:CXB) announced results from follow-up sampling and trenching at the Minnesota gold project within its joint venture with B2Gold Corp. (TSX:BTO,NYSE MKT:BTG) on the Borosi concessions in Nicaragua. Calibre controls a 49 percent interest in the joint venture while B2 Gold owns 51 percent interest and is operator of the project. B2Gold has the right to earn an additional 19.0 percent in the Borosi concessions joint venture if it spends $6 million in further project expenditures over three years.
Calibre Mining Corp. (TSXV:CXB) announced results from follow-up sampling and trenching at the Minnesota gold project within its joint venture with B2Gold Corp. (TSX:BTO,NYSE MKT:BTG) on the Borosi concessions in Nicaragua. Calibre controls a 49 percent interest in the joint venture while B2 Gold owns 51 percent interest and is operator of the project. B2Gold has the right to earn an additional 19.0 percent in the Borosi concessions joint venture if it spends $6 million in further project expenditures over three years.
As quoted in the press release:
Trenching at the Minnesota gold project has intersected zones of continuous gold mineralization including: 14.80 metres grading 1.85 g/t Au (MINTR14-006) and 8.5 metres grading 1.22 g/t Au (MINTR14-001)
Click here to read the Calibre Mining Corp. (TSXV:CXB) press release