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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.
Calibre Mining Corp. (OTCQX: CXBMF) announced the exercise of its right to purchase 50% of the Production Royalty, 1% Net Smelter Return (NSR) for US$2 million from Triple Flag Precious Metals Corp. This strategic move at the Eastern Borosi project reduces the existing royalty to a 1% NSR. President and CEO, Darren Hall, expressed satisfaction with the ongoing operations, describing them as on schedule and within budget for the high-grade open pit mining initiative. The company sees significant potential for resource expansion and new discoveries, indicating a promising future for gold production growth.
Calibre Mining emphasizes sustainable value delivery for shareholders and stakeholders and maintains a robust balance sheet and proven management team.
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