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Is The Price Of Gold On The Verge Of Setting A New All-Time High?

As The World Moves From Crisis, To Conflict, To Who Knows What Next, Calibre Mining Corp.

Is A Growth-Oriented, Americas-Focused, Mid-Tier Gold Producer With A Compelling Value Proposition

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4 Big Reasons Calibre Mining Corp. Requires Your Immediate, Undivided Attention Now

Reason #1

According to Research and Markets, the gold mining market is expected to grow from $214.1 billion in 2021 to $249.6 billion by 2026.

Reason #2

In recent weeks, this stock has started to heat up while running approximately 25% from its February 3rd low to its February 17th high.

Reason #3

In January, the company made a key announcement in regards to their Gold Rock project in Nevada. Could these results lead to a major find?

Reason #4

Have you heard of ESG stocks? In a time of pushing for environmental responsibility, this company has adopted important clean energy practices.

It’s no time to beat around the bush.

Every time you grab your TV controller or log into your laptop to see what’s going on in the news, there is a specific feeling of impending doom that lurks ahead.

If you’re like me, you may be thinking to yourself, “What the hell’s on the menu today?”

Two of the biggest news stories popping off on a daily basis revolve around the Russia/Ukraine conflict and rising inflation.

I’m sure if you haven’t been living under a rock, you’ve been privy to what’s cooking on the Russian and Ukrainian border.

President Vladimir Putin has been stockpiling troops on the border over what he dubs as security concerns regarding Ukraine attempting to join NATO.

The turbulence from this conflict can be felt on a global level as it nearly dominates news outlets on a daily basis. Each bit of new information that arrives on a daily basis feels tantamount to shaking a hornet’s nest.

So, what do you do to cope with this uncertainty and doom-like feeling residing in your guy? You go out to eat!

Oh wait… You don’t want to do that because inflation is driving up the prices of your favorite plates at your go-to restaurants.

It’s not that you can’t afford it. It’s more that it’s going to piss you off to have to pay those amounts for something that didn’t cost those prices previously. After setting a new 40-year high in December, inflation kicked the butts of American shoppers in January even harder as it rose faster than expected (7.5%) in January. (1)

Why do I bring all this up? Simple.

When the world’s on fire and global uncertainty is maxed out, investors have repeatedly turned to “safe haven” assets like Gold in the times of turbulent market conditions.

As Investopedia puts it, “A safe haven is a type of investment that is expected to retain or increase in value during times of market turbulence. Investors seek out safe havens in order to limit their exposure to losses in the event of market downturns.” (2)

And wouldn’t you know it, Gold is trading just south of all-time highs (set during the early months of the global health crisis) and appears to be heating up in recent months:
Source 3

Over time, many investors have gained exposure to this precious yellow metal by buying stocks of companies engaged in exploration and mining.


But here’s where things get interesting. Gold mining stocks can sometimes experience faster growth than the price of gold itself. That’s because mining stocks give investors exposure to actual companies that have growth opportunities.


And when it comes to potential growth opportunities, look no further than Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF).


Calibre 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.


With a strong balance sheet, no debt, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre aims to unlock significant value.

Calibre Mining Corp.’s 3 Major Assets

#1. Nevada – Pan Gold Mine (100% Ownership)
Source 4

The Pan Mine is a Carlin-style, open-pit, heap-leach mine in east-central Nevada, approximately 28 km southeast of the town of Eureka, on the prolific Battle-Mountain – Eureka gold trend. (4)


Pan ramped up smoothly after restarting operations in September 2017. Gold production has increased year over year since 2017 with 2021 gold production reaching 45,397 ounces benefitting from the recent heap leach pad expansion and primary crushing circuit installed in 2020.


In June 2020, the Pan Resources and Reserves were updated. The updated 2020 Proven and Probable reserves and Measured and Indicated resources are 290,500 ounces and 427,400 ounces, respectively. Previous operators spent approximately $1.5 million annually over the past four years on exploration, this presents a significant opportunity for Calibre to ramp up generative and regional exploration but also follow up on numerous targets surrounding the North and South pits that have limited drilling.

#2. Nicaragua – Limon Mine & Mill (100% Ownership)
Mining operations use conventional open pit mining methods at the Limón Central open pit and a combination of top-down and bottom-up sequenced longitudinal open stoping (LOS) at the Santa Pancha underground mines. The El Limón processing plant consists of agitated cyanide leaching and carbon adsorption, followed by carbon elution, electrowinning, and doré production. The annual throughput is approximately 500,000 tonnes per annum (tpa) and the historical recovery is 94% to 95%.

Calibre’s asset base includes multiple ore sources, 2.7 million tpa of installed mill capacity from two processing facilities (El Limon and La Libertad), reliable in-country infrastructure, and favorable transportation costs. The Company will continue to optimize its consolidated mine and process plans as the Company progresses their “hub-and-spoke” approach to maximizing value from their integrated asset base.

EL Limon Resource Expansion and Discovery Opportunity

Calibre has an extensive ongoing exploration program focused on resource expansion, infill and discovery. Currently Calibre has three rigs operating within the Limon mineral concessions testing on strike extensions to the Veta Nueva underground mine, the recently discovered Atravesada deposit and along strike and down plunge of the Panteon and Santa Pancha underground mines. Panteon was an exciting discovery made during 2020 and as of Q2, 2021 the company has advanced development and will now begin ore mining from Panteon. Additionally, Calibre has one drill testing the strike and plunge potential at the Limon high-grade open pit. To date, Limon open pits have been traced over 2.5 kilometers long and host an open pit reserve of 3.4 million tonnes grading 4.24g/t gold containing 462,000 ounces of gold. Calibre is currently drilling along the Tigra / Chapparal zone which hosts a shallow high-grade resource with potential to expand.
#3. Washington – Golden Eagle (100% Ownership)
Source 4
The 100% owned Golden Eagle project is located in Ferry County, Washington approximately 4.8 kilometers north-northwest of the town of Republic. The Republic/Eureka Mining District has produced nearly 4 million ounces of gold at an average grade of 19.89 g/t gold over the last 130 years, principally from high grade underground narrow vein deposits. The last operating gold mine in the district was Kinross’ Buckhorn/Kettle River operation which closed in 2017. The 1.800 tonnes per day Kettle River mill is located approximately 16 km by road east of Golden Eagle. (4)

A 2 million ounce M&I resource was published in May 2020 with an additional 0.2 million inferred ounces. The updated Golden Eagle mineral resource estimate is based solely on the available historical data and is intended to provide a baseline from which to continue developing the project.

Combining Golden Eagle with other known deposits and infrastructure in the vicinity, including the immediately adjacent properties held by Hecla Mining, could unlock significant value for all parties and could create the basis for a joint venture or spin out company.

Calibre Mining Corp.’s Key Highlights And Upcoming Potential Catalysts (5)

Source 5
Darren Hall, President & Chief Executive Officer of Calibre, stated recently: (6)

“During 2021 our primary exploration efforts focused on increasing confidence in known resource areas at Limon, Libertad, Pavon and EBP which I expect will positively impact reserves after 2021 depletion and further increase confidence in future production. Additionally the team advanced new prospective concessions along the western epithermal belt, discovered new zones, progressed our geological understanding and target delineation work which form the basis of our 2022 drilling programs.

As a result of the exploration work completed over the last two years, we are in a strong position for 2023 and 2024 production growth. The discovery of new gold zones and continued progress at the high-grade EBP strengthens our outlook to continually expand resources and reserves. Our initial focus at EBP has been to progress the Guapinol, Vancouver and Riscos De Oro deposits which continues with permitting, studies and consultation followed by a construction decision in the first half of 2023. We continue to discover and develop new ore bodies through a sustained commitment to exploration, thereby unlocking the growth and discovery opportunities we see across our portfolio of mines and exploration properties.”

Tom Gallo, Calibre’s newly appointed SVP Growth, added: (6)

“I left Canaccord Genuity as a mining analyst and joined Calibre because I believed in the considerable geological potential of Nicaragua. Having spent time in country, I am impressed with the team's focus over the past two years in converting resources to reserves, but I am extremely encouraged by the untapped resource growth potential on our concessions. What we are targeting in 2022 far exceeded my expectations when I joined, and I am confident we will be successful in adding material new ounces into our project pipeline going forward.”

Calibre Mining Corp.: So Why Now? 5 Big Reasons Could Lead The Way

There are 4 big reasons why Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF) requires immediate attention moving forward.



Reason #1. According to Research and Markets, the gold mining market is expected to grow.



In fact, the website believes the market should grow from $214.1 billion in 2021 to $249.6 billion by 2026, at a compound annual growth rate (CAGR) of 3.1% for the period of 2021-2026. (7)

Source 7

Reason #2. In recent weeks, this stock has started to heat up.


From a low of $1.11 on February 3rd, 2022, (TSX: CXB) has climbed all the way to a high of $1.39 as of February 17th, 2022.


Take a look for yourself:

Source 8

In roughly two weeks, the stock has surged approximately 25%.


Could strong support be building around that $1.11 level that (TSX: CXB) dropped to but didn’t fall below?


Reason #3. In January, the company made a major announcement in regards to their Gold Rock project in Nevada.


Check it out:


Calibre Reports New High Grade Drill Intercepts from the Newly Acquired Development Stage Gold Rock Project, Nevada


VANCOUVER, British Columbia, Jan. 18, 2022 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to report previously unreleased results from the remaining nine core holes completed during previous exploration programs at the newly acquired, 100% owned Gold Rock project (“Gold Rock”) in Nevada, USA. These holes were part of a larger reverse circulation (“RC”) and core program, but assays have only recently become available due to CV-19-related delays in processing and assays.


Highlights from the nine HQ exploration drill holes include:

“It is exciting to see continued high-grade intercepts from Gold Rock, in particular those which occur outside the previously reported Preliminary Economic Assessment (“PEA”) pit limits. Since the PEA, which was completed in 2020, numerous holes, within and surrounding, the North and South mineral resource pits have intercepted higher grades than the current mineral resource average grade of 0.70 g/t gold. We see significant resource expansion opportunities at Gold Rock and will continue to advance technical studies and drilling along the prospective 16.5 kilometre mineralized trend. Gold Rock presents an exceptional near-term opportunity to grow production in Nevada, leveraging off management and infrastructure at our Pan mine located approximately 20 kilometres northwest of Gold Rock. We have commenced preparing 2022 budgets for Nevada and see an opportunity to materially expand and accelerate the exploration programs given the opportunity for resource expansion and continued discovery potential. Currently we have five rigs operating between Gold Rock and the adjacent Pan mine.”

Reason #4. Have you heard of ESG stocks? Well, guess what… Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF) is one of them!


ESG stands for environmental, social and corporate governance, and ESG stocks broadly represent investments in companies that are doing good by those three factors. (9)


These companies are promoting the adoption of clean energy to reduce our carbon footprint.


All in all, these are the companies which are helping us create a brighter future for ourselves, our children and their children.


And Calibre breaks down on their website what they’re doing from an ESG standpoint: (10)

ENVIRONMENT

Our focus with respect to the environment and biodiversity is to manage the key risks associated with our operations in a coherent and effective manner. Calibre is committed to fulfilling the highest national and international standards that govern the mining industry.

The protection of water sources is one of our greatest interests. In and around our areas of operation, we use modern engineering to establish safe controls, monitoring and filtration systems to ensure that water sources are protected and sustained. Calibre complies with the highest standards of engineering and environmental monitoring at our tailings storage facilities, ensuring that safe and regulated processes are in place. We carry out consistent monitoring and reclamation activities in previously operated areas to ensure biodiversity, environmental rehabilitation and sustainability.

HEALTH & SAFETY

Safety is a core value for Calibre, and the health and wellbeing of all our employees and consultants is our priority. We have developed protocols and procedures so that, together with our employees, we ensure a safe and healthy workplace. Protocols and procedures are regularly reviewed and improved to ensure the highest levels of information awareness and engagement are integrated into our workplaces. Our safety policy, protocols, and procedures apply to all Calibre employees, including contractors, suppliers, and visitors who provide services to the mines. Compliance with all established preventative and safety measures is mandatory. In response to the worldwide CV-19 crisis, Calibre has applied rigorous additional safety protocols, in line with directives of the World Health Organization and relevant Nicaragua institutions.

SOCIAL RESPONSIBILITY

At Calibre we are governed by our Social Responsibility Policy, which calls for respectful and open engagement with all stakeholders. Our policy steers us towards making positive and sustainable contributions in the communities in which we are working.

As a modern mining company, we acknowledge that our role in terms of social responsibility covers all aspects of our activities, including health and safety and environmental and social concerns from a rights-based approach. It also covers all stages of mining, from exploration to closure and reclamation.

Calibre Mining Corp.: Could Become The Gold Mining Story Of 2022 And Beyond

With the world dealing with so much uncertainty on a day-to-day basis, “safe haven” assets like gold could very easily become the most talked about story on the news.


The good thing about mining stocks is that they can provide exposure to such an asset while actually having a company with growth opportunities behind it.


That’s why Calibre Mining Corp. (TSX: CXB) (OTCQX: CXBMF) and its strong balance sheet, zero debt, proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities, needs to be on your radar now.

Source 1: https://www.nbcnews.com/business/inflation-numbers-trend-rising-prices-goods-soar-rcna15692
Source 2: https://www.investopedia.com/terms/s/safe-haven.asp
Source 3: https://goldprice.org/spot-gold.html
Source 4: https://www.calibremining.com/
Source 5: https://www.calibremining.com/site/assets/files/6975/calibre_investor_presentation_january_2022_final.pdf
Source 6: https://finance.yahoo.com/news/calibre-outlines-multi-rig-exploration-123000232.html
Source 7: https://www.researchandmarkets.com/reports/5438482/gold-mining-market-2021-2026
Source 8: https://stockcharts.com/h-sc/ui
Source 9: https://investorplace.com/2020/10/esg-investing-10-best-esg-stocks-buy-for-brighter-future/
Source 10: https://www.calibremining.com/esg/overview/