Calibre Shines in Q3 and Year-to-Date Gold Production, Raises 2024 Guidance with Strong Q4 Expected – Valentine Project on Track and Fully Funded!

Calibre Mining Corp. Announces Q3 Operating Results and Updates on Valentine Gold Mine

Overview

VANCOUVER, British Columbia, Oct. 18, 2024 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) has released its operating results for the third quarter of 2024, as well as year-to-date figures up to September 30, 2024. The company also provided an update on the Valentine Gold Mine located in Newfoundland & Labrador, Canada.

Q3 Operating Results

The company reported strong performance in the third quarter, with revenue exceeding expectations and production levels meeting targets. Calibre Mining Corp. attributes this success to improved operational efficiency and cost management strategies.

Update on Valentine Gold Mine

Calibre Mining Corp. highlighted progress at the Valentine Gold Mine, showcasing advancements in exploration activities and development plans. The company remains optimistic about the potential of the mine and is committed to maximizing its productivity in the coming months.

Conference Call

Calibre Mining Corp. will be hosting a conference call on October 18, 2024, at 10 am ET to discuss the Q3 operating results, updated guidance for the full year, and provide further insights on the Valentine Gold Mine. The company encourages stakeholders to join the live webcast of the conference call for more detailed information.

Impact on Individuals

The announcement from Calibre Mining Corp. can have a direct impact on individuals who are shareholders or investors in the company. The operating results and updates on the Valentine Gold Mine may influence investment decisions and financial strategies for individuals involved with Calibre Mining Corp.

Global Effects

Calibre Mining Corp.’s operating results and developments at the Valentine Gold Mine can also have broader implications for the mining industry and the global economy. Changes in production levels, revenue, and exploration activities at the mine may affect market dynamics and investment trends worldwide.

Conclusion

In conclusion, Calibre Mining Corp.’s latest announcements provide valuable insights into the company’s performance and future prospects. The positive operating results and updates on the Valentine Gold Mine showcase Calibre’s commitment to excellence and strategic growth in the mining sector.

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