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Calibre Mining Corp. (TSXV:CXB) reported its 4th set of results from the Eastern Borosi gold-silver project in Nicaragua, which is under an option agreement with IAMGOLD. Highlights of results include the extension of the high grade gold and silver mineralization on the Guapinol Vein including 1.39 metres grading 98.72 g/t gold and 49.1 g/t silver. Additional drilling has also been completed in the Blag Gold-Silver Vein System on the Main Vein.
As quoted in the press release:
Highlights:
- Diamond drilling on the Guapinol gold-silver vein system has further extended to depth the high grade gold and silver mineralization including: 1.39 metres grading 98.72 g/t gold and 49.1 g/t silver (GP15-034) on the Guapinol Vein and 7.08 metres grading 6.26 g/t gold and 41.4 g/t silver (GP15-037) on the Vancouver Vein.
- To date the 2015 drilling program has completed; 38 holes for 5,497.95 metres, 16 holes for 1,623 metres at La Sorpresa (results reported April 1, 2015), 15 holes totaling 2,342 metres at Blag (results to date reported April 27 and May 06, 2015), five holes at Guapinol for 1,295 metres (results reported here) and two holes at Riscos de Oro Extension for 238 metres (results reported here).
- Additional drilling has been completed in the Blag Gold-Silver Vein System on the Main Vein, newly recognized East Dome Vein, and Santos Trend Veins and assays are pending.
Calibre Mining CEO, Greg Smith, said:
The latest drilling on the Guapinol gold-silver vein system has extended the high grade gold and silver mineralization to vertical depth of 300 metres below surface on the Guapinol Vein. The gold-silver mineralization continues to be open to depth with drill hole GP15-034, providing the deepest intercept on the structure to date, along with the highest gold grade of the 2014/2015 drilling programs.
Click here to read the Calibre Mining Corp. (TSXV:CXB) press release
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