Calibre Drilling At Eastern Borosi Project, Nicaragua

 

VANCOUVER, BC - Calibre Mining Corp. reported the fourth set of results from the 2015 drilling program on the Eastern Borosi gold-silver project, which is being financed under an option agreement with IAMGOLD Corporation.

Highlights:

• Diamond drilling on the Guapinol gold-silver vein system has further extended to depth the high grade gold and silver mineralization including:1.39 meters grading 98.72 g/t gold and 49.1 g/t silver (GP15-034) on the Guapinol Vein and 7.08 meters grading 6.26 g/t gold and 41.4 g/t silver (GP15-037) on the Vancouver Vein. 
• To date the 2015 drilling program has completed; 38 holes for 5,497.95 meters, 16 holes for 1,623 meters at La Sorpresa, 15 holes totaling 2,342 meters at Blag, five holes at Guapinol for 1,295 meters and two holes at Riscos de Oro Extension for 238 meters.
• Additional drilling has been completed in the Blag Gold-Silver Vein System on the Main Vein, newly recognized East Dome Vein, and Santos Trend Veins and assays are pending.

President and CEO, Greg Smith said, "The latest drilling on the Guapinol gold-silver vein system has extended the high grade gold and silver mineralization to vertical depth of 300 meters below surface on the Guapinol Vein. The gold-silver mineralization continues to be open to depth with drill hole GP15-034, providing the deepest intercept on the structure to date, along with the highest gold grade of the 2014/2015 drilling programs."