Calibre Mining Corp. (TSXV:CXB) announced that it has expanded the current Phase 1 drilling program to 5,000 meters in 45 drill holes at its Eastern-Borosi gold-silver project.
Calibre Mining Corp. (TSXV:CXB) announced that it has expanded the current Phase 1 drilling program to 5,000 meters in 45 drill holes at its Eastern-Borosi gold-silver project. Drilling will test over 4 kilometers of strike length of previously identified gold-silver bearing structure.
According to the press release, highlights include:
- Partners IAMGOLD and Calibre Mining have expanded the Phase 1 drilling program at the Eastern Borosi Gold-Silver Project from the previously announced 3,400 metres in 31 drill holes to approximately 5,000 metres in 45 drill holes. Drilling will test over 4.0 km of strike length of previously identified gold-silver bearing structures.
- The Phase 1 Drilling Program has now completed 27 of a planned 45 diamond drill holes and assay results have been received for the first 18 drill holes
- To date, Phase 1 drilling has tested the California vein system (including 0.50 metres grading 19.20 g/t Au – drill hole GP14-015), the Vancouver vein system (including 6.50 metres grading 16.88 g/t Au – drill hole GP14-010*) and the Guapinol vein system (including 4.81 metres grading 25.66 g/t Au – drill hole GP14-003).
Greg Smith, president and CEO of Calibre, said:
The expansion of the Phase 1 drilling program to a minimum 5,000 metres in 45 drill holes will allow Calibre and IAMGOLD to drill test additional vein systems and also initiate follow-up drilling of high-grade vein gold intercepts received to date. Phase 1 drilling on the Eastern Borosi project has successfully intercepted high-grade gold mineralization in the Guapinol, Vancouver and California vein systems and additional drill results from the California, Blag and Riscos de Oro Extension structures will be announced when available.