Additional Step Out And Confirmatory Drill Intercepts At Pan Heap Leach Gold Mine

VANCOUVER - Calibre Mining Corp. reported on the ongoing resource conversion and expansion program at the Pan mine, located in White Pine County, Nevada. As a follow up to the recently reported exploration drill results from Pan, the drill intercepts continue to demonstrate resource expansion and bolster confidence in known zones, boding well for future resource updates. Calibre continues to advance a multi-rig, 50,000 meter drill program and recently executed a single source drill provider contract resulting in confirmed rig availability and cost savings for the 2022 drill programs.

Darren Hall, President and Chief Executive Officer, said, “Drilling at Pan continues to demonstrate strong potential to upgrade and expand resources as we infill and step out along strike between past and active mining areas. Three months into the Pan 2022 drill program, the largest in over five years, I am encouraged by these results and believe we will grow the asset leading to additional value optimization opportunities.”