Calibre Mining Drilling Continues to Expand Gold-Silver Vein Systems
Calibre Mining (TSXV:CXB) has announced the first set of results from the 2016 drilling program on the Eastern Borosi Project, Nicaragua. As quoted in the press release: Highlights Drilling to date in 2016 consists of 18 diamond drill holes for a total of 3,487.5 metres, with results received and reported here for the first 11 …
Calibre Mining (TSXV:CXB) has announced the first set of results from the 2016 drilling program on the Eastern Borosi Project, Nicaragua.
As quoted in the press release:
Highlights
- Drilling to date in 2016 consists of 18 diamond drill holes for a total of 3,487.5 metres, with results received and reported here for the first 11 holes
- Diamond drilling of the Blag Gold-Silver Vein System has further extended the defined mineralization on two targets, including; Main Blag Structure and the East Dome
- Step out drilling on the East Dome has intersected 4.51 metres grading 1.82 g/t gold and 146.3 g/t silver including 1.56 metres grading 4.44 g/t gold and 142.9 g/t silver
- Step out drilling on the Main Blag Structure has intersected 4.64 metres grading 1.51 g/t gold and 38.1 g/t silver including 0.85 metres grading 7.10 g/t gold and 62.6 g/t silver
- Additional drilling in 2016 has tested extensions to the Guapinol and Vancouver Vein Structures, and first pass drilling on the Vein Swarm Target.
Greg Smith, president and CEO, said:
Drilling in 2016 at the Eastern Borosi Project continues to expand the gold-silver vein systems showing the robust nature of the mineralization. Drilling in 2016 has extended mineralization along strike and down dip at both the Main Blag and East Dome targets.