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     336  0 Kommentare Calibre Further Expands 100% Owned Montes de Oro Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 19, 2013) - Calibre Mining Corp. (TSX VENTURE:CXB) (the "Company" or "Calibre") is pleased to provide an update on activities at the 100% owned Montes de Oro gold project within the Siuna District, Borosi Concessions, northeast Nicaragua.

    Highlights

    • Calibre has now completed 552.1 linear metres of trenching at the Montes de Oro gold project which has defined two sub-parallel zones (Northern and Southern) each of which has been defined by trenching over a length of 250 m with existing soil anomalies continuing in both directions along strike.

    • At a 1.0 g/t Au cut-off the weighted average gold intercept in trenches completed to date at Montes de Oro is 16.0 metres grading 4.40 g/t Au.

    • Recent trenching has focused on the Southern mineralized zone returning results including Trench MTR13-026 with 19.3 m grading 2.71 g/t Au.

    President and CEO, Greg Smith stated, "Additional work at Montes de Oro continues to further delineate this exciting gold target. The trenching has now defined two sub-parallel high grade gold mineralized zones each over approximately 250 metres long and open in both directions. Additional trenching is being initiated along the Northern zone targeting anomalous surface rock and soil samples located 150 metres south of the currently defined southern extent."

    Recent Montes de Oro trench results include;

    Trench ID From (m) To (m) Interval (m) Au (g/t) Cu (%) Zn (%)
    MTR13-009* 0.0 52.3 52.3 7.07 0.06 1.23
    MTR13-017* 0.0 23.0 23.0 5.25 0.05 0.38
    MTR13-019* 4.8 21.0 16.2 4.68 0.05 0.22
    MTR13-017 0 27.5 27.5 4.94 0.05 0.34
    MTR13-024* 6.3 10.0 3.7 3.86 0.05 0.06
    MTR13-024 ext - - 1.0 8.76 0.12 0.73
    MTR13-026 0.0 19.3 19.3 2.71 0.06 0.10
    incl 6.0 13.5 7.5 5.16 0.05 0.04
    MTR13-027 0.0 40.0 40.0 0.34 0.02 0.21
    incl 0.0 4.0 4.0 0.92 0.02 0.07
    - * previously reported
    - Weighted averages calculated using uncut assays.
    - Trench intercepts are sample lengths and further work is required to determine true widths.
    - For previous Montes de Oro trench results see Calibre news releases dated June 3, July 26, and August 15 2013.

    The recent results continue to support the interpretation of at least two high grade sub-parallel mineralized zones at Montes de Oro; the northern MTR13-009 trend and the southern MTR13-017 trend. The zones have an inferred northeast orientation and appear to dip shallowly to the northwest. Each trend has now been trenched over a distance of approximately 250 metres.

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    Verfasst von Marketwired
    Calibre Further Expands 100% Owned Montes de Oro Gold Project VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 19, 2013) - Calibre Mining Corp. (TSX VENTURE:CXB) (the "Company" or "Calibre") is pleased to provide an update on activities at the 100% owned Montes de Oro gold project within the Siuna District, …

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