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Stocks in play: Calibre Mining Corp.
Announced first ore delivery to the Libertad Mill from its 100% owned Volcan Deposit located 5 km south of the mill. Volcan is anticipated to be a meaningful contributor to the Company’s production profile during the second half of 2024. Darren Hall, President and Chief Executive Officer of Calibre, stated : “I am pleased with the rapid progress at the Volcan open pit considering first ore delivery to the mill during July within a month of receiving environmental permits. Volcan will contribute to higher production in H2 given the initial open pit resource averages 2.0 g/t gold, and consequently we remain confident in delivering into our annual production guidance of 275,000 – 300,000 ounces. The addition of Volcan demonstrates the effectiveness of our hub and spoke operating strategy, with surplus capacity at the Libertad mill there remains strong potential for low cost, high return on investment growth.” Calibre Mining Corp. shares T.CXB are trading off 6 cents at $1.91.
