CALIBRE MINING CORP ORD - CXBMF STOCK NEWS

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.

Calibre Mining Corp. announced drill results from its Eastern Borosi Project in Nicaragua, highlighting high-grade gold intercepts. Notable results include 25.07 g/t Au over 9.7 meters at Guapinol and 33.64 g/t Au over 3.2 meters at Riscos De Oro. The company aims to provide mill feed to its Libertad mill with surplus capacity. A total of 19,720 meters were drilled, confirming resource continuity and potential for future expansion. Updated mineral resource estimates are expected in Q1 2022, with ongoing exploration targeting new vein systems.

Calibre Mining Corp. (CXBMF) reported strong financial and operational results for Q2 2021, producing 43,506 ounces of gold and generating $78.8 million in revenue. The average realized price was $1,804 per ounce, with net income of $11.9 million. As of June 30, 2021, cash on hand increased to $66.3 million. Notable milestones include a 57% increase in ore delivered daily from Pavon Norte, reaching commercial production at Panteon South, and progress on the Eastern Borosi Project. YTD gold production totaled 88,958 ounces, and guidance for growth capital was raised to $45-50 million to support further exploration and development.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced its operating results for Q2 2021, reporting gold production of 43,506 ounces, maintaining its guidance of 170,000 to 180,000 ounces for the year. The company also recorded a cash balance of $66.3 million, up $8.1 million from Q1 2021. Ore delivery from the Pavon Norte mine increased by 57%, with plans to hit 1,000 tonnes per day by year's end. Significant drilling results were noted at the Eastern Borosi Project, showing promising gold and silver grades. A conference call to discuss detailed financial results is set for August 5, 2021.

Calibre Mining Corp. announces significant high-grade gold drill results from its Eastern Borosi Project in Nicaragua, with notable figures including 26.49 g/t Au over 2.2 m and 9.07 g/t Au over 6.5 m. The company has completed 75% of its infill and other drilling programs. With inferred resources of 515,000 ounces of gold and 4.37 million ounces of silver, Calibre aims to enhance mill feed for its Libertad mill, which has a 50% surplus capacity. The project shows promising potential for resource growth, with over 20 new gold targets identified for future exploration.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced its inclusion in the VanEck Vectors Junior Gold Miners ETF (GDXJ) as of June 18, 2021. This milestone indicates ongoing growth and is expected to enhance liquidity and trading flexibility for investors. The company has appointed David Londono as General Manager of the Limon Mine Complex, bringing over 35 years of mining experience. John Seaberg, the Senior Vice President and CFO, is departing, with Paulo Santos appointed as interim CFO. The management changes aim to support Calibre's growth strategy and operational excellence.

Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced that its shareholders approved all matters at the Annual General Meeting held on June 16, 2021. A total of 227,705,860 shares were represented, constituting 67.72% of the outstanding shares. Key approvals included the election of the Board of Directors and the re-appointment of PricewaterhouseCoopers LLP as external auditors for 2021. The Board will serve until the next AGM. Detailed voting results revealed a high percentage of support for the nominees, with Darren Hall receiving 99.87% of votes in favor.