Calibre Mng Stock Price, News & Analysis

Calibre Mining Corp. announced a special meeting for shareholders to approve the acquisition of Fiore Gold Ltd. which will strengthen its position as a diversified, Americas-focused gold producer. The acquisition aims for an annual gold production of 245,000 ounces. It includes a strong balance sheet with $96 million in cash and no debt, alongside the purchase of Fiore’s Pan Gold Mine and other projects. The meeting is scheduled for January 5, 2022, with voting deadlines on December 31, 2021.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announces the appointment of David Splett as Senior Vice President and Chief Financial Officer effective November 29, 2021. Darren Hall, President & CEO, expressed enthusiasm about Splett's extensive experience, which spans over 30 years in financial and operational roles across various sectors, including precious metals. Prior to Calibre, Splett held CFO positions at Elevation Gold and Goldcorp, among others. This strategic addition aims to enhance Calibre's leadership as it continues to develop into a mid-tier gold producer.

Calibre Mining Corp. (CXBMF) has announced promising results from its 2021 drilling program in the Volcán trend, revealing high-grade gold mineralization near the Libertad mill. Significant findings include:

• Good continuity of gold mineralization over a 1.5 km strike length, reaching depths of 100 to 250 metres.
• Eight out of nine drilled holes intersected significant gold veins.
• New high-grade zones have been confirmed at depths of 150 to 250 metres.

These results position Calibre for strong growth as it continues to explore and expand its resources.

Calibre Mining Corp. reported robust Q3 2021 results with gold production of 44,579 ounces, generating $79.2 million in revenue at an average price of $1,781/oz. The company experienced a net income of $15 million and cash on hand increased to $72.9 million. Consolidated Total Cash Costs were $980/oz, while All-in Sustaining Costs reached $1,097/oz. Notably, the acquisition of Fiore Gold aims to create a diversified mid-tier gold producer with a targeted annual output of 245,000 ounces. Calibre remains committed to expanding its resource base through strategic developments in Nevada and Nicaragua.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced the appointment of Thomas Gallo as Senior Vice President of Growth, effective immediately. Darren Hall, CEO, emphasized Gallo's expertise in capital markets and technical skills as vital for advancing the company's growth strategies. Calibre has a robust operational framework, including a 50% surplus capacity at the Libertad mill, and is well-positioned for future expansion through acquisitions in prime gold regions. Gallo, previously ranked among top Canadian analysts, expressed enthusiasm for enhancing shareholder value.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced strong operational results for Q3 2021, producing 44,579 ounces of gold and achieving cash reserves of $72.9 million with no debt. Year-to-date gold production reached 133,537 ounces, positioning the company to meet its guidance of 170,000 - 180,000 ounces for the year. The Pavon Norte mine exceeded the target ore delivery rate, and the Eastern Borosi Project reported high-grade gold intercepts. The fourth quarter is expected to be the strongest of 2021, as Calibre aims for reduced costs and greater free cash flow.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) has released updates on its resource expansion and discovery drilling program in the Limon Mine Complex. Key highlights include:

• High-grade intercepts: 9.02 g/t Au over 3.0m at Atravesada and several significant results from Tigra and Portal.
• Potential for resource growth: Drill results indicate additional high-grade resources, with 547,000 tonnes at 4.93 g/t Au.
• Exploration continues: New drilling at the Portal vein suggests additional gold mineralization opportunities.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) released updates on its 2021 drilling program, particularly the exploration and resource expansion at the Libertad concessions. Highlights include significant gold intercepts from the Tranca and Rosario vein systems, with the 2021 drilling program extended to 100,000 metres across multiple projects. Notably, drilling at Tranca revealed grades up to 4.21 g/t Au, confirming continued exploration success. The company’s operations remain strategically positioned to maximize resource development within proximity to existing mills.