6:00a ET 5/16/2022 - Globe Newswire
High-Grade Gold Drill Results at the Limon Complex Panteon North Zone Demonstrate Strong Potential to Add Resources and Expand Panteon Mine
Mentioned: CXBMF
EQNX::TICKER_START (TSX:CXB),(OTC US:CXBMF),(Other OTC:CXBMF), EQNX::TICKER_END Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to provide an update of the Company's 2022, 85,000 metre resource expansion and discovery drilling program in Nicaragua, highlighting new high-grade drill results at the Panteon North zone within the Company's producing Limon Mine Complex.
Highlights from Panteon North
Darren Hall, President and Chief Executive Officer of Calibre stated: "The high-grade Panteon mine continues to expand with the discovery of the Panteon North zone located 1 km from existing operations. Panteon North is open along strike and down plunge to the northwest and, to date, we have intercepted high-grade results over approximately 500 metres.
I am encouraged by these high-grade drill results at Limon as they continue to present significant opportunities for discovery and resource growth at the Limon Mine Complex which has produced more than three million ounces.
Calibre will continue to advance our 85,000 metre discovery and expansion drilling program at Panteon North and other targets across our portfolio of assets with the focus on growing resources and extending mine life."