Calibre Mining and Centerra Gold Commence Drilling at the Siuna Project, Nicaragua

Calibre Mining (TSX-V: CXB) and Centerra Gold have commenced diamond drilling on the Siuna Project in Northeast Nicaragua.
According to the press release:

Centerra can earn a 70% interest in the 253 km² Project area by investing a total of $9.0 million in exploration on the property before December 31, 2020.

• Drilling has commenced on a 1,800 metre diamond drilling program which will test high priority gold targets recently discovered along the Cerro Coyol – El Tiburon Trend and west of Cerro Aeropuerto deposit

• Soil sampling, geological mapping and trenching completed on the 3.8 kilometre long Cerro Coyol – El Tiburon Trend and in the Huracan area west of Cerro Aeropuerto has defined a number of high priority gold targets to be tested by the current diamond drill program

• Exploration continues on the Northern Suina area where work is consisting of geological mapping, geochemical sampling, and geophysical surveys designed to further define a number of existing gold anomalies

President and CEO, Greg Smith stated: “The current drilling program will test a series of previously un-drilled, high priority gold targets which have been defined by geological mapping, soil sampling and trenching completed over the last year. These well-defined gold targets in a historic mining camp represent an excellent opportunity for discovery.”

Click here for the full press release.