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Last C$0.14 CAD
Change Today -0.01 / -6.90%
Volume 16.7K
CXB On Other Exchanges
Symbol
Exchange
Venture
OTC US
Frankfurt
As of 11:04 AM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

calibre mining corp (CXB) Snapshot

Open
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Previous Close
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Day Low
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52 Week High
10/14/14 - C$0.20
52 Week Low
07/7/14 - C$0.06
Market Cap
30.1M
Average Volume 10 Days
132.4K
EPS TTM
C$-0.0040
Shares Outstanding
222.9M
EX-Date
--
P/E TM
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Current Stock Chart for CALIBRE MINING CORP (CXB)

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calibre mining corp (CXB) Details

Calibre Mining Corp., an exploration stage company, acquires, explores for, and develops precious and base metals assets, and natural resource properties primarily in Nicaragua. The company explores for gold, silver, and copper. It holds a 100% interest in the Borosi concessions covering an area of 253 square kilometers located in the North Atlantic Autonomous Region of Nicaragua, Central America. The company is headquartered in Vancouver, Canada.

calibre mining corp (CXB) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$193.3K
Chief Financial Officer
Total Annual Compensation: C$138.3K
Compensation as of Fiscal Year 2013.

calibre mining corp (CXB) Key Developments

Calibre Mining Corp. Reports Drilling Results from Eastern Borosi Project, Nicaragua

Calibre Mining Corp. announced the fourth set of results from the 2015 drilling program on the Eastern Borosi gold- silver project which is being financed under an option agreement with IAMGOLD Corporation. Diamond drilling on the Guapinol gold-silver vein system has further extended to depth the high grade gold and silver mineralization including: 1.39 metres grading 98.72 g/t gold and 49.1 g/t silver (GP15-034) on the Guapinol Vein and 7.08 metres grading 6.26 g/t gold and 41.4 g/t silver (GP15-037) on the Vancouver Vein. To date the 2015 drilling program has completed; 38 holes for 5,497.95 metres, 16 holes for 1,623 metres at La Sorpresa (results reported April 1, 2015), 15 holes totaling 2,342 metres at Blag, five holes at Guapinol for 1,295 metres (results reported here) and two holes at Riscos de Oro Extension for 238 metres. Additional drilling has been completed in the Blag Gold-Silver Vein System on the Main Vein, newly recognized East Dome Vein, and Santos Trend Veins and assays are pending. Drill Holes GP15-033 to GP15-035 tested the Guapinol gold-silver vein to depth. Holes #34 and #35 each intersected multiple structures and results have extended the previously outlined high grade shoot to 300 metres. Holes GP15-036 and GP15-037 tested depth extension of the Vancouver vein. High grade intercepts include; 1.39 metres grading 98.72 g/t gold and 49.1 g/t silver on the Guapinol Vein and 7.08 metres grading 6.26 g/t gold and 41.4 g/t silver on the Vancouver Vein. Drill Holes RD15-041 and RD15-035 are step out holes on the Riscos de Oro Extension (RDO Ext.) to depth and along strike. The deeper hole RD15-041 intersected the vein which returned 4.93 metres grading 0.59 g/t gold and 17.0 g/t silver including 0.48 metres grading 4.64 g/t gold and 48.7 g/t silver. The drill program continues on the Project and additional drilling has been completed in the Blag Gold- Silver Vein System including on the Main Zone Vein, newly recognized East Dome Vein, and the Santos Trend Veins with assays pending. The 2015 program approved by partner IAMGOLD began on February 4th and will consist of a minimum 5,500 metres of drilling with an approved budget of $1.5 million. Drilling continues on the Project and is currently testing the Santos Trend gold-silver zone. Low sulphidation epithermal gold-silver mineralization intersected in the Project gold-silver vein systems are hosted within porphyritic andesite and consists of structurally controlled, high energy quartz-carbonate vein breccias, vein-stockworks and discrete smokey quartz veins containing fine grained sulphide minerals.

Calibre Mining Corp. Announces Third Set of Results from the 2015 Drilling Program on the Eastern Borosi Gold-Silver Project

Calibre Mining Corp. announced the third set of results from the 2015 drilling program on the Eastern Borosi gold-silver project which is being financed under an option agreement with IAMGOLD Corporation. Diamond drilling on the Blag gold-silver vein system has further extended the high grade gold and silver mineralization including: 2.05 metres grading 5.18 g/t Gold and 1,026.0 g/t Silver (BL15-010), and 2.60 metres grading 9.01 g/t Gold and 949.1 g/t Silver (BL15-011). Results for Holes BL15-010 to BL15-012 extend the drill tested gold-silver mineralization at Blag a further 100 metres to the south of previous drilling. Drilling in 2014-2015 on the Blag gold-silver vein system has tested approximately 300 metres of vein strike length and more than 100 metres at depth. The Blag precious metal vein system is only one of six separate gold-silver vein systems that are being delineated during the 2014-2015 drill program on the Eastern Borosi project including: Guapinol, Vancouver, California, Riscos de Oro Extension, La Sorpresa and Blag. All of the drill holes completed in the southern half of the drill tested portion of the Blag gold-silver vein system (Holes BL14-005, BL15-006, BL15-009, BL15-010, and BL15-011) are beginning to define a high grade shoot with dimensions of 150 metres along strike and to a depth of approximately 110 metres, the high grade mineralization is open to depth and to the south. Drilling to date on the Blag gold-silver vein system has tested approximately 300 metres of strike length and to depths of up to >100 metres below surface in the vicinity of the historic small scale underground workings. The zone remains open along strike and down dip. The 2015 program approved by partner IAMGOLD began on February 4th and is expected to consist of a minimum 5,500 metres of drilling with an approved budget of $1.5 million. Drilling continues on the Eastern Borosi Project and is currently testing the Guapinol gold-silver zone. Low sulphidation epithermal gold-silver mineralization intersected at the Eastern Borosi Project gold-silver vein systems are hosted within porphyritic andesite and consists of structurally controlled, high energy quartz-carbonate vein breccias, vein-stockworks and discrete smokey quartz veins containing fine grained sulphide minerals.

Calibre Mining Corp. Announces Second Set of Results from the 2015 Drilling Program on the Eastern Borosi Gold-Silver Project

Calibre Mining Corp. announced the second set of results from the 2015 drilling program on the Eastern Borosi gold-silver project which is being financed under an option agreement with IAMGOLD Corporation. Diamond drilling on the Blag gold-silver vein system continues to intersect high grade gold and silver mineralization including: 9.92 metres grading 5.36 g/t Gold and 194.6 g/t Silver, 5.85 metres grading 5.97 g/t Gold and 56.1 g/t Silver, 4.04 metres grading 1.79 g/t Gold and 77.2 g/t Silver, and 1.91 metres grading 5.36 g/t Gold and 127.8 g/t Silver. To date the 2015 drilling program has completed 16 holes for 1,622.6 metres at La Sorpresa, seven holes totaling 1,037.9 metres at Blag, and one hole at Guapinol for 355.1 metres (results pending). The Blag gold-silver vein system is three kilometres east of the Guapinol-La Sorpresa Trend and drilling of five holes in 2014 was successful in outlining high grade gold-silver mineralization including; 6.73 metres @ 4.11 g/t Gold and 235.9 g/t Silver. Calibre and IAMGOLD entered into an option agreement dated May 26, 2014 whereby IAMGOLD can earn a 51% interest in the Eastern Borosi Gold-Silver Project consisting of 176 km2 within the Borosi Concessions, Northeast Nicaragua, by incurring USD 5 million in exploration expenditures and making USD 450,000 in payments to Calibre by May 26, 2017. The total potential investment by IAMGOLD to earn a 70% interest in the Eastern Borosi Project is USD 10.9 million. The Eastern Borosi Project hosts gold-silver resources in two deposits and a series of well-defined low sulphidation epithermal gold-silver targets. IMG is up nearly 2% to USD 2.63.

 

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