Calibre Mining – Exploration And Development Update
Ryan King, VP of Corporate Development at Calibre Mining (TSX:CXB – OTCQB:CXBMF), joins us for an update on a number of exploration and development targets, and how this ties into the future production growth of the Company. We start with a review of the recent drill results around the Tranca vein, released September 8th, and how those near-surface gold intercepts are still economic results within 10kms of the Libertad Mill.
Ryan then expands on the ongoing 100,000 meter drill program with 16 rigs turning at Libertad, Limon, Pavon, and Eastern Borosi. The Company continues to develop more satellite pits, utilizing their hub and spoke strategy to increase production, with plenty of excess capacity at their mill.
Please email us with any further questions for Ryan. Our email addresses are Fleck@kereport.com and Shad@kereport.com.
Click here to visit the Calibre Mining website for a summary of the recent news.
+1 Agreed. The team at Calibre continues to execute with the drill bit, in development, and an increasing production profile. Wishing their team all the best as a happy shareholder.
Question for Ryan. Do you see Calibre offering a dividend in the near future since excess cash is being generated each quarter on a consistent basis
Keep up the great work!