Calibre Mining Returns 201.35m Grading 0.77% g/t Au at Primavera Gold -Copper Porphyry Joint Venture

Calibre Mining Corp. (TSXV:CXB) announced exploration and drilling updates from the Primavera Gold -Copper Porphyry Joint Venture in Nicaragua.

As quoted in the press release:

Highlights of the phase II program include drill hole PR-12-016 which confirmed shallow continuity of porphyry style mineralization on the west side of the main Primavera Zone with 201.35 metres of 0.77 g/t gold and 0.36% copper, including 57.85 metres of 1.08 gold and 0.49% copper.

Calibre’s President and CEO, Greg Smith, said:

Calibre is extremely pleased that B2Gold has completed their earn-in to 51% at Primavera and the additional Borosi concessions within the B2Gold/Calibre Joint Venture. All exploration and drilling to date at Primavera continues to suggest that we have drill tested only a small portion of a much larger porphyry system. The up-coming 2013 program is designed to locate additional good grade gold-copper mineralization within this extensive new porphyry discovery.

To view the whole press release, click here.