Updated mineral resource estimate expected for the beginning of 2025
Calibre Mining announced high-grade drill results at its Limon mine complex in Nicaragua. Highlights include 12.57gpt gold over 7.1m at the past-producing underground Talavera gold zone, 14.22gpt over 37m at the Limon Norte open pit, and 12.96gpt over 19.9m at the CTEM gold corridor."These recent Limon drill results are among the best we have seen on the property since acquiring Limon in 2019," chief executive Darren Hall said.
"It also discovered a new structure near the surface at VTEM and extended the Talavera strike extent 750m beyond historical workings."When combining our drilling efforts since 2019 with historic underground drilling and a recent structural interpretation, we expect to define a meaningful maiden resource at Talavera," Hall said.In September, Calibre discovered a new gold target at Limon along VTEM, dubbed San Jose. San Jose drill results included 13.26gpt gold over 4.9m.
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