Calibre Delivers First Ore From the Volcan Open Pit Located 5 Km From the Libertad Mill, Leading to a Stronger H2, 2024
2024年8月8日 - 7:00PM
RNSを含む英国規制内ニュース (英語)
Calibre Delivers First Ore From the Volcan Open Pit Located 5 Km
From the Libertad Mill, Leading to a Stronger H2, 2024
VANCOUVER, British Columbia, Aug. 08, 2024
(GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX:
CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to
announce first ore delivery to the Libertad Mill (“the mill”) from
its 100% owned Volcan Deposit (“Volcan”) located 5 km south of the
mill. Volcan is anticipated to be a meaningful contributor to the
Company’s production profile during the second half of
2024.
Darren Hall, President and Chief
Executive Officer of Calibre, stated: “I am pleased with
the rapid progress at the Volcan open pit considering first ore
delivery to the mill during July within a month of receiving
environmental permits. Volcan will contribute to higher production
in H2 given the initial open pit resource averages 2.0 g/t gold,
and consequently we remain confident in delivering into our annual
production guidance of 275,000 – 300,000 ounces. The addition of
Volcan demonstrates the effectiveness of our hub and spoke
operating strategy, with surplus capacity at the Libertad mill
there remains strong potential for low cost, high return on
investment growth.”
“Additionally, with engineering of the fully
funded Valentine Gold Mine at 98%, and construction at 77% we are
confident in delivering first gold during Q2 2025 establishing
Calibre as a quality mid-tier gold producer.”
About Calibre
Calibre (TSX:CXB) is a Canadian-listed, Americas
focused, growing mid-tier gold producer with a strong pipeline of
development and exploration opportunities across Newfoundland &
Labrador in Canada, Nevada and Washington in the USA, and
Nicaragua. Calibre is focused on delivering sustainable value for
shareholders, local communities and all stakeholders through
responsible operations and a disciplined approach to growth. With a
strong balance sheet, a proven management team, strong operating
cash flow, accretive development projects and district-scale
exploration opportunities Calibre will unlock significant
value.
ON BEHALF OF THE BOARD
“Darren Hall”
Darren Hall, President & Chief Executive Officer
For further information, please contact:
Ryan King
SVP Corporate Development & IR
T: 604.628.1012
E: calibre@calibremining.com
W: www.calibremining.com
Calibre’s head office is located at Suite 1560, 200 Burrard St.,
Vancouver, British Columbia, V6C 3L6.
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The Toronto Stock Exchange has neither
reviewed nor accepts responsibility for the adequacy or accuracy of
this news release.
Cautionary Note Regarding Forward
Looking Information
This news release includes certain
"forward-looking information" and "forward-looking statements"
(collectively "forward-looking statements") within the meaning of
applicable Canadian securities legislation. All statements in this
news release that address events or developments that we expect to
occur in the future are forward-looking statements. Forward-looking
statements are statements that are not historical facts and are
identified by words such as "expect", "plan", "anticipate",
"project", "target", "potential", "schedule", "forecast", "budget",
"estimate", "intend" or "believe" and similar expressions or their
negative connotations, or that events or conditions "will",
"would", "may", "could", "should" or "might" occur. Forward-looking
statements in this news release include, but are not limited to:
the Company’s expectations toward higher grades mined and processed
going forward; statements relating to the Company’s 2024 priority
resource expansion opportunities. Forward-looking statements
necessarily involve assumptions, risks and uncertainties, certain
of which are beyond Calibre's control. For a listing of risk
factors applicable to the Company, please refer to Calibre's annual
information form (“AIF”) for the year ended December 31, 2023, and
its management discussion and analysis (“MD&A”) for the year
ended December 31, 2023, all available on the Company’s SEDAR+
profile at www.sedarplus.ca. This list is not exhaustive of the
factors that may affect Calibre's forward-looking statements such
as potential sanctions implemented as a result of the United States
Executive Order 13851 dated October 24, 2022.
Calibre's forward-looking statements are
based on the applicable assumptions and factors management
considers reasonable as of the date hereof, based on the
information available to management at such time. Such assumptions
include but are not limited to: the Company being able to mine and
process higher grades and keep production costs relatively flat
going forward; there not being an increase in production costs as a
result of any supply chain issues; there being no adverse drop in
metal price or cut-off grade. Calibre does not assume any
obligation to update forward-looking statements if circumstances or
management's beliefs, expectations or opinions should change other
than as required by applicable securities laws. There can be no
assurance that forward-looking statements will prove to be
accurate, and actual results, performance or achievements could
differ materially from those expressed in, or implied by, these
forward-looking statements. Accordingly, undue reliance should not
be placed on forward-looking statements.
Calibre Mining (TG:WCLA)
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から 8 2023 まで 8 2024