The Minestocker enjoyed a productive, one-on-one conversation this week with Ryan King SVP of Corporate Development & IR for a Canadian mining company primarily focused on exploring and producing gold and silver deposits in Nicaragua, namely La Libertad and Limon mines (from B2Gold Corp) and the Pan and Gold Rock projects in Nevada. In a less formal atmosphere than the traditional split-screen interviews, or pedantic regulatory news releases, we learned much more about their business, discussing short and long-term plans, daily operations, ESG practices and methods, the management team, and more.
The Minestocker will be utilizing this approach ongoing with our clients to bring a more insightful look into the world of miners, including on-site videos. Thanks to Ryan, here is what we learned about today’s Calibre Mining: Central Banks are still buying gold like never before; however, this has yet to have the expected effect on mining stocks. PAN GOLD MINE, NEVADA INITIAL RESULTS INCLUDE 3.84 G/T GOLD OVER 15.2 METRES AND 2.08 G/T GOLD OVER 27.4 METRES
Vancouver, B.C. June 21, 2023: Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce assay results from 2023, near-mine discovery, delineation, and resource expansion drill program at its 100% owned Pan Mine (“Pan”), located on the prolific Battle Mountain Eureka gold trend, Nevada. Results at the Palomino target located immediately south of the open pit operation indicate higher grades than demonstrated at the Pan mine in the current Mineral Resource. The potential exists to materially increase resource ounces, grade, and confidence south of the Pan mine. The Palomino deposit remains open to the southeast and at shallow depths. Research Report: Haywood Capital Jun 21/23 Geordie Mark, PhD, 604-697-6112 "OUR TAKE: Positive. We are taken aback, or somewhat gob-smacked, by the intervals of gold mineralization being returned from drilling on the Palomino target at Pan. The target represents an altered and mineralized structural feature hosted in altered limestone extending SE from the Pan South open pit. Grades of gold mineralization well exceed average Pan reserve grades, and, given its footprint within the permitted land disturbance area for Pan, this potentially could be integrated into the 2024 operations plan." Environmental, Social, and Governance (ESG). ESG, which stands for Environmental, Social, and Governance, is currently a hot-button issue in many industries. It encompasses a range of considerations that companies must consider when making decisions that affect the world around them. These can include reducing carbon emissions, promoting diversity and inclusion, and ensuring ethical behavior in all business operations. By focusing on ESG, companies can do their part to protect the environment and society and potentially improve their bottom line through increased stakeholder engagement and trust. Have a look at their SUSTAINABILITY STATEMENT Sustainability Statement of Calibre Mining As for the Minestockers, we are looking forward to an ongoing relationship with the Calibre team, getting their 'narrative' out 'there', along with enjoying the results of our investments in their company. Latest news from Calibre Mining Corp