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Calibre Mining Corp (CXBMF) is a reputable mining and metals company headquartered in Vancouver, British Columbia, Canada. The company focuses on exploration, development, and production of precious metals, particularly gold. With a strong presence in the mining industry, Calibre Mining Corp is committed to sustainable mining practices and community engagement. Their recent achievements include successful drilling projects resulting in significant gold discoveries. The company's financial stability, strategic partnerships, and innovative approaches set them apart in the industry.
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Calibre Mining Corp reports positive assay results from the Frank Zone drill program at the Valentine Gold Mine property in Canada. The company highlights high-grade gold mineralization, including 3.14 g/t Au over 14.8 meters and 39.90 g/t Au over 1.8 meters. The 2024 exploration program aims to identify new targets and expand existing mineral resources. Calibre's President and CEO, Darren Hall, expresses confidence in the mine's development and future production. The company plans to invest $5 - $10 million in exploration activities, focusing on property-wide prospecting and additional drilling at the Frank Zone.
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Calibre Mining Corp. announces exciting results from its 2023 exploration and delineation drilling program at the Panteon VTEM Gold Corridor at the Limon Mine Complex. The discovery of the Panteon North deposit yielded over 240,000 ounces of Proven and Probable Mineral Reserves. The continued high-grade success confirms the potential for resource expansion in the region. The company plans to drill approximately 50,000 m in and around the complex.
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Calibre Mining Corp. (CXB) successfully completed the acquisition of Marathon Gold Corporation, resulting in an issuance of 249,813,422 Calibre Shares. The former Marathon shareholders received 0.6164 of a Calibre common share for each Marathon Share held. Calibre now owns approximately 65% and former Marathon shareholders own 35% of the issued Calibre Shares. The acquisition gives Calibre a 100% interest in Marathon's advanced-stage Valentine Gold Project in Newfoundland & Labrador, with plans to delist Marathon Shares from the Toronto Stock Exchange. Matthew Manson, former President and CEO of Marathon, has been appointed to the Calibre Board of Directors.
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Calibre Mining Corp. announces overwhelming shareholder approval for the acquisition of Marathon Gold Corporation through a plan of arrangement. The acquisition involves the issuance of up to 315,664,294 common shares of Calibre. The completion of the Arrangement is expected on January 24, 2024, subject to certain closing conditions.
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Calibre Mining Corp. (CXB; CXBMF) announces record Q4 and full year 2023 highlights, including a 52% increase in cash, a fifth consecutive record consolidated quarterly gold production, and 2024 production, sales, and cost guidance. The company also revealed a combination with Marathon Gold, a normal course issuer bid, and exploration success at Libertad.
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Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) Announces Acquisition of Marathon Gold Corporation, Creating an Americas-Focused High-Growth Gold Producer
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Calibre Mining Corp. (CXB:TSX; CXBMF:OTCQX) has joined the Mining Association of Canada, showcasing its commitment to responsible and sustainable mining practices. With a focus on safety, social and environmental responsibility, integrity, teamwork, and accountability, Calibre aims to deliver value responsibly for all stakeholders. The membership in MAC will provide valuable resources, insights, and collaboration opportunities to help Calibre meet and exceed the industry's evolving sustainability and corporate responsibility expectations.
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Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announces record cash on hand of $97 million, 4th consecutive record quarterly gold sales of 73,241 ounces, net income of $23.4 million, and a 26% increase in cash over Q2 2023.
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Calibre Mining Corp. announces drill results from its 2023 resource expansion program, confirming high-grade gold mineralization and potential for resource expansion. Three new target areas within 10 km of the Libertad mill have been identified. Highlights include 10.80 g/t Au over 14.3 metres ETW in the Jabali Underground Mine and 14.39 g/t Au over 2.3 metres ETW in the scout level drill program.
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Calibre Mining announces intention to repurchase outstanding common shares through normal course issuer bid
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FAQ
What is the current stock price of Calibre Mng (CXBMF)?
The current stock price of Calibre Mng (CXBMF) is $2.18 as of February 21, 2025.
What is the market cap of Calibre Mng (CXBMF)?
The market cap of Calibre Mng (CXBMF) is approximately 1.7B.
Where is Calibre Mining Corp located?
Calibre Mining Corp is located in Vancouver, British Columbia, Canada.
What is the primary focus of Calibre Mining Corp?
Calibre Mining Corp focuses on exploration, development, and production of precious metals, particularly gold.
What are some recent achievements of Calibre Mining Corp?
Calibre Mining Corp has achieved successful drilling projects resulting in significant gold discoveries.
What sets Calibre Mining Corp apart in the industry?
Calibre Mining Corp stands out due to its financial stability, strategic partnerships, and innovative approaches to mining.
Who can be contacted for more information about Calibre Mining Corp?
For further information, contact Ryan King, SVP Corporate Development & IRT, at 604.628.1012 or calibre@calibremining.com.
What is the official website of Calibre Mining Corp?
Visit www.calibremining.com for more information about Calibre Mining Corp.
What is the vision of Calibre Mining Corp?
Calibre Mining Corp is committed to sustainable mining practices and community engagement.
Has Calibre Mining Corp made any recent gold discoveries?
Yes, Calibre Mining Corp has made significant gold discoveries through successful drilling projects.
Where can I find more detailed information about Calibre Mining Corp's projects?
For more detailed information, visit the official website of Calibre Mining Corp at www.calibremining.com.
Does Calibre Mining Corp prioritize environmental sustainability?
Yes, Calibre Mining Corp is committed to sustainable mining practices.
Is Calibre Mining Corp involved in any community initiatives?
Yes, Calibre Mining Corp actively engages in community initiatives.
How can I stay updated with the latest news about Calibre Mining Corp?
Stay informed about the latest news and developments related to Calibre Mining Corp by visiting their official website or contacting Ryan King, SVP Corporate Development & IRT.
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