Vancouver, British Columbia: Douglas Forster, Chairman of Calibre Mining Corp. (TSX-V: CXB) (the “Company” or “Calibre”) is pleased to announce the appointment of Mr. George Salamis as Director of the Company. Mr. Salamis has over 20 years of experience in mineral exploration, mine development and operations and is currently President and CEO of Edgewater Exploration Ltd. a TSX Venture-listed mineral exploration company. Mr. Salamis has previously held senior management positions with a number of mining companies including Placer Dome Inc. and Cameco Corporation.
Douglas Forster stated: “We are very pleased to have Mr. Salamis join the Board of Calibre Mining. George has a proven track record in advancing development-stage resource assets and in exploring precious metal projects throughout the world. George’s knowledge and experience will be a great asset to the Company as we advance our Borosi gold-silver project in Nicaragua.”
Calibre has granted 250,000 stock options at a price of $0.15 per share for a period of five years to Mr. Salamis. These options are subject to regulatory approval and are granted under the company’s stock option plan and include vesting provisions.
About Calibre Mining Corp.
Calibre Mining Corp. is a TSX Venture Exchange listed company (TSX.V: CXB) that is focused on the acquisition, exploration and development of gold and silver deposits in Central America. Calibre has outlined a NI 43-101 compliant inferred resource totalling 835,450 ounces of gold and 4,288,070 ounces of silver at its 100% owned Borosi Project in Nicaragua. The Company is presently focused on a drilling program at its 100% owned Riscos de Oro gold-silver project and the trenching and drilling program at the Primavera gold-copper prospect in conjunction with B2Gold, also within the Borosi concessions in Nicaragua.
Major shareholders of Calibre include gold producer Yamana Gold Inc. and investment fund Sun Valley Gold.
Calibre Mining Corp.
Signed “Douglas Forster”
Douglas Forster, M.Sc., P.Geo.
For further information contact:
Mark Carruthers – Vancouver, Canada
604 681 9944
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.