Calibre Mining Initiates 5,500 Metre Drilling Program at the Eastern Borosi Project

Calibre Mining Corp. (TSXV:CXB) announced the start of a 5,500 metre drilling program on the Eastern Borosi Project, Nicaragua which is being funded by Calibre’s partner IAMGOLD Corporation.
As quoted in the press release:

Highlights

• The 2016 drilling program has been approved by partner IAMGOLD and will consist of a minimum 5,500 metres of drilling with a budget of US$1.5 million. Drilling will begin the first week of March and continue to test extensions of high grade gold-silver vein systems outlined in the 2014-2015 drilling programs.
• During 2014 and 2015, over 11,400 metres of drilling was completed in 81 holes on the Eastern Borosi Project. This resulted in the discovery of several high grade epithermal gold-silver vein systems, including; Guapinol, Vancouver, California, Main Blag, East Dome, Santos Trend, Cadillac and the Riscos de Oro extension.
• 2016 Drilling will test down plunge and on strike extensions to gold-silver vein systems found in 2014-15 including step out drilling on high grade intercepts including;
  • 1.39 metres grading 98.72 g/t Au and 49.1 g/t Ag (Guapinol), 
  • 12.90 metres grading 8.73 g/t Au and 11.5 g/t Ag (Vancouver), 
  • 2.60 metres grading 9.01 g/t Au and 949.1 g/t Ag (Main Blag), 
  • 9.92 metres grading 5.36 g/t Au and 194.6 g/t Ag (Main Blag) and
  • 19.16 metres grading 223.4 g/t Ag and 1.11 g/t Au (East Dome).

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