The Conversation (0)
Calibre Mining Corp. (TSXV:CXB) has released results for the remaining seven holes of the 11-drill-hole 2015 diamond drilling program on the company’s 100-per-cent-owned Montes de Oro gold project, Siuna district, Nicaragua.
Calibre Mining Corp. (TSXV:CXB) has released results for the remaining seven holes of the 11-drill-hole 2015 diamond drilling program on the company’s 100-per-cent-owned Montes de Oro gold project, Siuna district, Nicaragua.
As quoted in the press release:
Highlights
- New drilling results include: 12.97 metres grading 2.60 g/t Au (including 4.58 metres grading 6.47 g/t Au) in drill hole MD15-010.
- The Phase I 2015 drilling program at Montes de Oro consisted of 2693 metres in eleven drill holes.
- The 2015 drill program tested an area 300 metres wide and 600 metres long. Gold mineralization is associated with an increase in overall sulphides and vein density related to a series of intrusions which have cut the reactive volcanic and sedimentary rocks.
Calibre Mining President and CEO, Greg Smith stated:
Results from the 2015 drilling program at Montes de Oro have outlined a broad zone of gold mineralization locally containing high grade gold associated with zones of massive sulphide mineralization as well as wide zones of disseminated sulphide mineralization. Additional work is required to further define controls on the higher grade gold zones.
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