Tuesday, July 18, 2023

VANCOUVER, British Columbia based Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) announced positive results from the 2023 expansion drilling at Panteon North and step-out drilling along the Panteon VTEM Gold Corridor within the Limon Mine Complex. These new intercepts continue to demonstrate the potential of the multi-kilometre long structure identified by our 2022 VTEM geophysical survey. Today’s results are located along the west side of the VTEM corridor, proximal to and extending approximately two kilometres from the high-grade Panteon North project.

New drill intercept highlights along the Panteon VTEM Geophysical Gold Corridor include:

15.64 g/t Au over 2.5 metres Estimated True Width (“ETW”) in Hole LIM-23-4765

3.57 g/t Au over 13.4 metres ETW including 7.09 g/t Au over 6.0 metres ETW in Hole LIM-23-4759

19.67 g/t Au over 1.9 metres ETW and 6.87 g/t Au over 7.0 metres including 19.80 g/t Au over 1.1 metres ETW in Hole LIM-23-4752

21.62 g/t Au over 2.0 metres ETW including 31.30 g/t Au 1.4 metres ETW in Hole LIM-23-4743

20.89 g/t Au over 1.3 metres ETW in Hole LIM-23-4745

19.90 g/t Au over 1.2 metres ETW in Hole LIM-23-4758

8.50 g/t Au over 3.1 metres ETW including 21.40 g/t Au over 1.2 metres ETW in Hole LIM-23-4763

24.40 g/t Au over 1.3 metres ETW in Hole LIM-23-4738

Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Nevada and Washington in the USA, and Nicaragua.