Calibre Mining expands gold mineralization at Valentine Gold Mine in Canada, potential for open pit

From GlobeNewswire: 2025-02-11 06:00:51

Calibre Mining Corp. announces new diamond drill results from the Valentine Gold Mine in Canada, showcasing significant gold mineralization with multiple high-grade intercepts. The results expand the volume of high-grade gold intercepts to surface, indicating potential for another open pit. The Frank Zone remains open to the southwest and north, with drilling tracing mineralization for over one kilometer along strike and to a depth of about 500 meters. Construction at Valentine is on schedule to achieve first gold production in Q2 of this year. Calibre aims to become a mid-tier gold producer with annual production of 450,000 to 500,000 ounces.



Read more at GlobeNewswire: Calibre Expands Mineralization to Surface at Frank Zone,