Calibre Mining’s Q1 2025 Operating Results and Valentine Gold Mine Update
Vancouver, BC, April 14, 2025 – Calibre Mining Corp. (TSX: CXB, OTCQX: CXBMF) is thrilled to share its operating results for the first quarter (Q1) of 2025 and provide an update on the progress of its Valentine Gold Mine in Newfoundland & Labrador, Canada. All figures mentioned below are in U.S. dollars.
Operating Highlights
During Q1 2025, Calibre produced a total of 10,200 ounces of gold, representing a 14% increase compared to the same period last year. This growth can be attributed to the successful ramp-up of the new processing plant at the Libertad Gold Mine, which contributed 6,600 ounces of gold to the Company’s production.
Valentine Gold Mine Update
At the Valentine Gold Mine, Calibre has made significant strides in the development of the open pit, which is now 60% complete. The Company anticipates the commencement of commercial production at the mine by the end of Q2 2025. Additionally, the ongoing drill program at the mine has resulted in the discovery of several high-grade gold intersections, including 1.5 meters grading 20.2 g/t gold.
Impact on Individuals
For individuals with investments in Calibre Mining, these strong operating results and the upcoming production at the Valentine Gold Mine are promising signs. The Company’s continued growth and success could lead to increased stock value and potential returns for shareholders. Furthermore, the mining industry as a whole benefits from Calibre’s progress, as it contributes to job creation and economic growth in the regions where its mines are located.
Impact on the World
On a global scale, Calibre Mining’s accomplishments contribute to the overall stability and growth of the gold mining sector. Gold is a valuable commodity that plays a significant role in the global economy, and the production of this precious metal helps to maintain the balance of international trade. Moreover, the revenues generated from Calibre’s operations create opportunities for further investments in research and development, as well as social and environmental initiatives.
Conclusion
Calibre Mining’s impressive Q1 2025 operating results and the anticipated commercial production at the Valentine Gold Mine are exciting developments for the Company and the mining industry as a whole. These achievements not only benefit Calibre’s shareholders but also contribute to economic growth and job creation in the regions where the mines are located. As we look forward to the future, Calibre’s continued success is a positive sign for the global gold mining sector.
- Calibre Mining produced 10,200 ounces of gold in Q1 2025, a 14% increase from the same period last year.
- The new processing plant at the Libertad Gold Mine contributed 6,600 ounces of gold to the Company’s production.
- The Valentine Gold Mine’s open pit is now 60% complete, with commercial production anticipated by the end of Q2 2025.
- High-grade gold intersections have been discovered during the ongoing drill program at the Valentine Gold Mine.
- Calibre’s strong operating results and upcoming production at the Valentine Gold Mine could lead to increased stock value and potential returns for shareholders.
- Calibre’s achievements contribute to economic growth, job creation, and the stability of the global gold mining sector.
