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Calibre Mining – Cash-Flow, Operations, and Exploration Update, including a new gold zone at the Limon Complex

Cory
October 1, 2021

Ryan King, VP Corporate Development and IR at Calibre Mining (TSX:CXB – OTCQX:CXBMF) joins us to provide an update on the continued operational and cash-flow growth as well as ongoing exploration.

On the operations side the Company continues to grow its Hub-and-Spoke model. We recap the current production results through this year and look ahead to growth areas at the current mines and additional spokes to be added in the near term.

On the exploration front the Company recently announced drill results from the Limon Complex that included step out high-grade results and high-grade results from a new zone, the Portal Target.

If you have any follow up questions for Ryan please email us at either Fleck@kereport.com or Shad@kereport.com.

Click here to visit the Calibre website and read over the recent news.

Discussion
4 Comments
    BDC
    Oct 01, 2021 01:04 AM

    Hub & Spoke. Cool !!

      Oct 01, 2021 01:26 PM

      Yes, Caliber is really doing a great job continuing to add more production “spokes” that feed into their Libertad Mill “hub”, and they are making good progress on adding a 4th spoke in the next year or two with the Eastern Borosi project they are developing. They’re also drilling like crazy to expand known areas of mineralization with 15 drill rigs turning at present. Now that is an exploration program to take note of.

    Oct 01, 2021 01:49 PM

    M&A Heats Up in a Deeply Oversold Mining Sector

    David Erfle – Friday October 1st, 2021

    “In a sector where investor confidence is extremely low, mining companies re-kindled efforts to explore alliances and partnerships to bring promising projects online and share the risk between parties during the recently concluded in-person Colorado mining conferences.”

    “On Tuesday, global miners Agnico Eagle Mines Ltd (AEM) and Kirkland Lake Gold (KL) announced that they have agreed on a merger of equals, with the combined company to continue under the former’s name.”

    https://mailchi.mp/3255766875f3/david-erfle-weekly-gold-miner-sector-op-ed-1600106?e=3ac1473fe4

    Oct 02, 2021 02:57 AM

    Erfle’s news is old – not sure how this has to do with Calibre?