Calibre Mining Initiates Maiden Drilling at the 100% Owned Santa Maria Gold-Silver Project on the Borosi Concessions, Nicaragua

Calibre Mining Corp. (TSX VENTURE:CXB) (the “Company” or “Calibre”) is pleased to announce the commencement of diamond drilling on the Company’s 100% owned Santa Maria Low Sulphidation Epithermal Gold-Silver Project (the “Project”) located within the 876 km² Borosi Concessions, Northeast Nicaragua.
Highlights

• The maiden drilling program on the 100% owned High-Grade Gold-Silver Santa Maria Project has commenced.
• The Phase 1 Drilling Program will consist of a minimum of 2,500 metres in approximately 12 – 15 drill holes.
• The drilling will test approximately 1000 metres of strike length and between 50 and 150 metres down dip on the central gold-silver mineralized structure with additional secondary structures anticipated.

President and CEO Greg Smith stated:

“This maiden drilling program at the Santa Maria Gold-Silver Project has been a high priority for Calibre and the Company’s personnel have done an exceptional job completing the permitting and community engagement to initiate the planned drilling. We are very familiar with this type of epithermal gold-silver vein system in the Borosi District and based on the surface soil anomalies and the high grade gold and silver rock samples collected to date I believe Santa Maria is one of the best un-drilled precious metal targets in this historic mining camp.”

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