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Calibre Mining Intersects 19.2m grading 223.4 g/t silver at Eastern Borosi Project
Calibre Mining (TSXV:CXB) reported results from the 2015 drilling program on the Eastern Borosi gold-silver project in Nicaragua, which is under an option agreement with IAMGOLD.
Calibre Mining (TSXV:CXB) reported results from the 2015 drilling program on the Eastern Borosi gold-silver project in Nicaragua, which is under an option agreement with IAMGOLD. The latest results indicate that Calibre Mining intersected 19.2m grading 223.4 g/t silver and 9.44m grading 488.6 g/t silver on the Blag Gold-Silver Vein System.
As quoted in the press release:
Highlights:
Diamond drilling of the Blag Gold-Silver Vein System has further extended the defined mineralization on three targets including; Main Blag Structure, the East Dome, and the Santos Trend
Drilling on the Main Blag Structure has intersected 5.37 metres grading 2.99 g/t gold and 31.6 g/t silver
Drilling on the East Dome has intersected 19.16 metres grading 223.4 g/t silver and 1.11 g/t gold as well as 9.44 metres grading 488.6 g/t silver and 0.69 g/t gold
Each of the first four holes on the Santos Trend intersected gold mineralization including; 4.68 metres grading 7.84 g/t gold and 5.65 metres grading 2.18 g/t gold
Drilling in 2015 has totalled 41 diamond drill holes for a total of 5,917.05 metres
Calibre Mining President and CEO, Greg Smith, said:
These latest results have now identified three gold-silver mineralized structures at the Blag Gold-Silver System. The new style of mineralization at the East Dome includes some excellent widths reaching up to 19 metres and some of the highest silver grades intercepted to date. The gold-silver mineralization in each of the three structures is open to depth and along strike. Previous work including LIDAR and detailed soil sampling and trenching has also identified at least 25 additional targets in the Blag area.
Click here for the full Calibre Mining (TSXV:CXB) press release.
Click here for the Calibre Mining (TSXV:CXB) profile.
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