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Open Pit Mining Operations During Q2 2021, open pit mining consisted of 412,529 ore tonnes at an average grade of 2.16 g/t. The majority of the open pit production came from Limon Central (“LC”) Phase 2 totaling 215,586 ore tonnes at an average grade of 2.63 g/t, with additional ore from Pavon Norte ore in the amount of 59,621 tonnes at a grade of 3.38 g/t, 135,678 tonnes at a grade of 0.74 g/t of previously processed “spent ore”, and 1,644 tonnes at 12.96 g/t from artisanal small miners. Effective June 1, 2020, the Company considers LC Phase 2 to be in commercial production and defer stripping waste material above the average life of mine waste:ore strip ratio. Pavon Norte began operations in Q1 2021 with initial ore deliveries to the Libertad mill in January 2021 and the Company achieving commercial production status in March 2021 ....
Calibre Mining Corp.: Calibre Reports Strong Second Quarter and Year-To-Date 2021 Results, Significant Progress Being Made At Eastern Borosi To Expand Gold Production finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Calibre Reports Strong First Quarter 2021 Production and Costs, Including Initial High-Grade . Calibre Mining Corp.May 3, 2021 GMT VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operational results for the three months ended March 31, 2021 (“Q1 2021”). The interim consolidated financial statements and management discussion and analysis can be obtained from www.sedar.com and the Company’s website, www.calibremining.com. All figures are expressed in U.S. dollars. Q1 2021 HIGHLIGHTS Production includes the first ore delivery from the Pavon Norte mine to the Libertad mill ....
VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operational results for the three months ended March 31, 2021 (“Q1 2021”). The interim consolidated financial statements and management discussion and analysis can be obtained from www.sedar.com and the Company’s website, www.calibremining.com. All figures are expressed in U.S. dollars. Q1 2021 HIGHLIGHTS Production includes the first ore delivery from the Pavon Norte mine to the Libertad mill Demonstrating Calibre’s ability to advance new satellite deposits: ‘permit to plant’ in less than 18 months; Positive Pavon gold mine Pre-feasibility Study, currently in production, with strong exploration potential, and an after-tax net present value of $106 million (at a $1,700 price of gold and a discount of 5%) ....
Limon: Q4 2020 Total mine production consisted of 219,428 ore tonnes at an average grade of 4.28 g/t gold. The majority of the mine production originated from the Limon Central (173,651 tonnes at an average grade of 4.51 g/t gold), the Santa Pancha underground mine (29,559 tonnes at an average grade of 3.11 g/t gold), with the remaining tonnes mined from Veta Nueva. Effective June 1, 2020, the Company considers Limon Central Phase 2 to be in commercial production and defers stripping waste material above the average life of mine waste : ore strip ratio. Limon produced 19,006 ounces driven by an average mill grade of 5.48 g/t gold and recovery of 89.5% from 120,109 tonnes of ore milled. Gold production in Q4 2019 was 15,440 ounces, slightly lower when compared to Q4 2020, as a result of higher tonnes processed from operating for 3 months (in Q4 2020) compared to 2½ months in Q4 2019. AISC ....