After a dismal Q2, when operations were suspended for most of the quarter, and the company incurred significant cash outflow, the company has been reporting non-stop positive news flow. Following the recent release of record-setting Q3 earnings, which sent the stock price to new all-time highs, Calibre just published additional exploration results (infill and near-mind exploration), and the multi-year guidance it provided fairly recently is looking increasingly conservative every day. Highlights include:
- 3.9m @ 13.73 g/t Au (Panteon Underground)
- 6.8m @ 28.41 g/t Au (Panteon Underground)
- 4m @ 62.6 g/t Au (Panteon Underground)
- 8.6m @ 4.86 g/t Au (Panteon Underground)
- 12.2m @ 16.97 g/t Au (Limon South Open Pit)
- 1.2m @ 20.7 g/t Au (Limon South Open Pit)
- 2.9m @ 10.3 g/t Au (Limon Central Open Pit)
- 23.6m @ 11.89 g/t Au (Limon Central Open Pit)
- 12.9m @ 5.09 g/t Au (Limon North Open Pit ~ Tigra/Chapparal)
- 10.1m @ 5.28 g/t Au (Limon North Open Pit ~ Tigra/Chapparal)
- 5.6m @ 8.8 g/t Au (Jabali West Underground)
- 7.6m @ 6.3 g/t Au (Jabali West Underground)
- 3.7m @ 8.19 g/t Au (Panteon Underground)
- 14.3m @ 2.34 g/t Au (Rosario Gold Prospect ~ Libertad)
- 5.1m @ 7.96 g/t Au (Rosario Gold Prospect ~ Libertad)
- 1.5m @ 17.26 g/t Au (Nancite Gold Prospect ~ Libertad)
About the author
Chief Mining Analyst with GoldSeek.com and SilverSeek.com. Author of the Gold Seeker Report weekly newsletter and analyst at the 24K Gold Fund. Previously he was the Senior Mining Equity and Economic Analysis at The Morgan Report. He was a Co-Founder and Director of Lemuria Royalties, before it was acquired in March 2018. He also co-authored The Silver Manifesto with David Morgan in 2015.
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