Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF) is pleased to announce operating results for the three and nine months ended September 30, 2023 (all amounts are expressed in U.S. dollars).
Q3 and Year to Date 2023 Highlights
Darren Hall, President & Chief Executive Officer of Calibre, stated: “During the quarter Calibre increased cash, after exploration and growth investments, to $97 million from gold production of 73,485 ounces, the company’s fourth consecutive record quarter. The Company is in an excellent position to deliver the high end of full year production guidance of 250,000 – 275,000 ounces while continuing to generate strong free cash flow.
October 15 marks the fourth anniversary of our Nicaragua operating complex acquisition which transformed the Company to a growth focused gold producer. Four years on we have built a strong foundation, consistently delivering on our commitments while self funding investments and growth, including;
I am excited about the future. Calibre presents a compelling investment opportunity with its consistent delivery of strong free cash flow, ongoing reinvestment in exploration and growth, and commitment to conducting operations in a responsible, sustainable, and transparent manner.”
Darren Hall, MAusIMM, President and Chief Executive Officer, of Calibre Mining Corp. is a “qualified person” as set out under NI 43-101 and has reviewed and approved the scientific and technical information in this press release.
About Calibre Mining Corp.
Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Nevada and Washington in the USA, and Nicaragua. Calibre is focused on delivering sustainable value for shareholders, local communities and all stakeholders through responsible operations and a disciplined approach to growth. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.
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