The Conversation (0)
Jan. 17, 2012 09:55AM PST
The Phase II Program has completed 19 diamond drill holes totaling 4833.25 metres at the Riscos de Oro Project, Nicaragua, 100% Owned by Calibre Mining Corp. (TSXV:CXB). Drill Hole RD11-029 intersected excellent grade gold and silver mineralization.
As quoted in the press release:
Drilling has been paused awaiting receipt of the additional assays for the remaining drill holes completed to date. As detailed in a previous Calibre news release dated December 6, 2011, the drilling program is designed to further delineate high grade epithermal gold-silver vein stockwork mineralization encountered in previous drilling including 7.69 g/t Au and 211.80 g/t Ag over 10.6 metres in RD11-012 and 10.25 g/t Au and 288.25 g/t Ag over 5.4 metres in RD11-010.
Additional maps and results as well as current information on the Riscos de Oro program can be found at www.calibremining.com.
Calibre Chairman Douglas Forster, said:
“Calibre’s Phase II drill program continues to expand gold-silver mineralization at the Riscos de Oro project. Particularly significant is Drill Hole RD11-029 which intersected excellent grade gold and silver mineralization in an area previously interpreted as unmineralized as a result of a gap in drilling information.”
Click here to read the Calibre Mining Corp. (TSXV:CXB) press release
Click here to see the Calibre Mining Corp. (TSXV:CXB) profile.