A Canadian-based exploration and mine development company exploring for world class precious metals deposits in the highly prolific, 'Mining Triangle' of northeastern Nicaragua, where historical production has been over seven million ounces of gold. Calibre has a large land package within the Mining Triangle and the companies 100% owned projects are a high priority with recent discovery success. Calibre has also attracted a strategic mix of partners, (IAMGOLD and Santa Rita Mining) earning into specific exploration concessions and B2Gold and Centerra Gold as a major equity shareholder at 12% and 4.5% respectively.
In many industries the founders and people involved are a critical element if not most important of a company. Within the mineral resource sector that holds true, founders Douglas Forster and Blayne Johnson have a strategic mix of capital market relationships and geological understanding. Both bring extensive experience as entrepreneurs starting numerous public companies which went on to be acquired by mid-tier or senior gold producers. Most recent was Newmarket Gold, successfully acquiring producing gold mines, generating free cash flow and within 2 years was acquired for over one billion dollars by Kirkland Lake Gold. The team is focused and actively pursuing strategic opportunities for Calibre Mining Corp.
* Note: See technical reports page for detailed Inferred resource estimates and NI 43-101 disclosure statement
The Calibre Borosi Concessions are located approximately 275 kilometres northeast of the capital city of Managua and 80 kilometres west of the coastal town of Puerto Cabezas. The concessions cover 87,627 hectares (876km2 ) of the highly prolific but underexplored Mining Triangle defined by the three historic mining towns of Bonanza, Rosita, and Siuna of northeastern Nicaragua. Calibre has entered into two joint ventures; Iamgold Corp (176 km2 ) and Santa Rita Mining(33 km2 ) and Calibre has maintained 100% control over a total of 665 km2 including the Santa Maria Gold-Silver Project and the Primavera Gold-Copper Porphyry Project.