Calibre Mining – A dive into the acquisition of Fiore Gold, making the Company a 245,000 oz/year gold producer
Ryan King, VP of Corporate Development and IR at Calibre mining (TSX:CXB – OTCQX:CXBMF) joins us to recap the major news from this week regarding the acquisition of Fiore Gold (TSX.V:F – OTC:FIOGF). The projects Calibre is acquiring include the operating Pan Gold Mine, advanced-stage Gold Rock Project, and the past producing Illipah Gold Project, all in Nevada, as well as the Golden Eagle Project in Washington State. This acquisition will bring Calibre’s estimated production up to 245,000oz gold per year and expands the company’s operations and overall gold reserves to over 7 million ounces.
We have Ryan outline the production estimates in total and for each of the producing mines. We also discuss the importance of jurisdictional diversification from this deal beyond the company’s Nicaragua base of operations into Nevada and Washington.
Adding value to these Fiore assets is also a key component of this acquisition. We have Ryan share some of the goals to help grow the assets and add value.
Please email us with any follow up questions for Ryan. Our email addresses are Fleck@kereport.com and Shad@kereport.com.
This interview will is also airing on the Weekend Show however we wanted to get it out to all of you earlier!