Investors Backing Mining Stocks as
Gold Moves Higher -Calibre Mining Corp. (TSX: $CXB.TO) Makes Top Volume Leader
on TSX
Investorideas.com (www.investorideas.com) a go-to platform for big investing ideas
for traders, including mining stocks reports on trading for Calibre Mining
Corp. (TSX: CXB)
( OTCQX: CXBMF), a growing
mid-tier gold producer with a strong pipeline of development and exploration
opportunities across Newfoundland & Labrador in Canada, Nevada and
Washington in the USA, and Nicaragua.
Calibre Mining is the TSX top volume leader as of this
report, currently trading at $2.3500, up 0.0900, gaining 3.9823% on volume of
over 5.1 million shares. Avid mining retail investors are moving into this
stock and others as gold moves higher today and looks like a sector to be long
in.
On September 10th Calibre announced drill results from the
Company’s 2024 exploration program within the Limon Mine Complex (“Limon”), in
Nicaragua, including a new discovery, San Jose, situated approximately 2.5km
north of the high-grade Panteon Norte deposit along the VTEM Gold Corridor. Four
diamond drills are currently active in the VTEM Gold Corridor tracing
mineralization to depth and along strike.
Read
this in full at https://www.investorideas.com/news/2024/mining/09121Calibre-Mining-CXB.asp
Gold highlights from the new San Jose discovery include:
13.26 g/t Au over 4.9 metres including 33.50 g/t Au over
1.2 metres in Hole LM-24-4966;
4.92 g/t Au over 10.3 metres including 9.79 g/t Au over
4.9 metres in Hole LM-24-4938; and
5.86 g/t Au over 4.7 metres and 4.50 g/t Au over 5.3
metres in Hole LM-24-4946.
Gold highlights from the past producing underground
Talavera gold zone include:
2024 Talavera drill results:
6.38 g/t Au over 10.5 metres in Hole LIM-24-4943;
14.55 g/t Au over 1.0 metres and 23.60 g/t Au over 1.2
metres in Hole LIM-24-4962; and
19.95 g/t Au over 0.4 metres and 38.87 g/t Au over 1.2
metres in Hole LIM-24-4953.
2023 Talavera drill results ( see News Release dated May
17, 2023 ):
10.22 g/t Au over 4.2 metres including 15.25 g/t Au over
2.0 metres; 15.46 g/t Au over 6.7 metres including 18.09 g/t Au over 5.7
metres; 10.58 g/t Au over 7.9 metres including 15.18 g/t Au over 2.9 metres in
Hole LIM-22-4688;
3.89 g/t Au over 2.5 metres including 5.85 g/t Au over 1.5
metres; 4.45 g/t Au over 20.9 metres including 8.09 g/t Au over 5.4 metres;
6.69 g/t Au over 3.5 metres; 9.31 g/t Au over 3.1 metres in Hole LIM-22-4677;
3.92 g/t Au over 3.6 metres in Hole LIM-22-4673; and
4.10 g/t Au over 4.2 metres in Hole LIM-22-4721.
Gold highlights from the 2024 Limon exploration program
include:
8.98 g/t Au over 3.3 metres Estimated True Width (“ETW”)
in Hole LIM-24-4890;
19.81 g/t Au over 3.8 metres ETW in Hole LIM-24-4945;
16.52 g/t Au over 1.3 metres ETW in Hole LIM-24-4895;
29.90 g/t Au over 0.3 metres ETW in Hole LIM-24-4917;
5.29 g/t Au over 1.4 metres ETW in Hole LIM-24-4933;
6.10 g/t Au over 5.0 metres ETW in Hole LIM-24-4939; and
8.79 g/t Au over 2.8 metres ETW in Hole LIM-24-4937.
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