The Conversation (0)
Calibre Mining Corp. (TSXV:CXB) reported progress on the Borosi Concessions, northeast Nicaragua.
As quoted in the press release:
Calibre controls a 100% interest in 511.1 km2 of prospective gold, silver and copper mineral concessions in northeast Nicaragua that include the Cerro Aeropuerto, La Luna and Riscos de Oro gold-silver deposits that host a combined NI 43-101 Inferred Resource at a 0.6 g/t AuEq cut-off of 10,750,000 tonnes grading 3.06 g/t Au and 24.38 g/t Ag containing 1,057,000 oz Au, 8,430,000 oz Ag (see Calibre news release dated September 5, 2012). Additionally, Calibre has joint venture exploration programs underway with Alder Resources Ltd. on the 33.6 km2 Rosita gold-copper-silver project and B2Gold Corp. on the 322.3 km2 Primavera gold-copper porphyry project and surrounding exploration concessions.
Calibre Mining President and CEO Greg Smith said:
In addition to increasing Calibre’s 100% owned NI 43-101 Inferred Resources on the Borosi Concessions to over 1.0 million oz Gold and 8.4 million oz Silver our geologists and field crews continue to be highly successful in discovering and expanding the mineralized footprint within this highly prolific yet underexplored gold-silver-copper district. We continue to advance our 100% owned projects through cost efficient exploration targeted at the discovery and delineation of porphyry, skarn and epithermal gold-copper-silver mineralization.
Click here to read the Calibre Mining (TSXV:CXB) press release