Calibre Mining


Primary ticker: TSX:CXB
Stage of development: Exploration, Development, Production
Primary minerals: Gold
Project to promote: La Libertad and El Limon Mines and Mills and well as the Pan Mine and Gold Rock Project
Project location:Nicaragua and Nevada State, USA

Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Nevada and Washington in the USA, and Nicaragua. Calibre is focused on delivering sustainable value for shareholders, local communities and all stakeholders through responsible operations and a disciplined approach to growth. With a strong balance sheet, no debt, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.


Cash: USD$92.3M
Debt: NIL

Major shareholders:

B2Gold – 24%
Luxor Capital – 7%
Van Eck Associates – 4%
Invesco Advisors – 3%
Merk Investments -2%

Management Profile

Darren Hall – President & CEO, Director
Darren Hall has over 35 years of experience in the mining industry with a track record of increasing production, reducing costs, improving capital effectiveness, and promoting health, safety and business excellence. Mr.Hall has previously served as Chief Operating Officer of Kirkland Lake Gold, which acquired Newmarket Gold, where he also served as the Chief Operating Officer. Prior to Newmarket Gold, Mr.Hall worked for Newmont Mining Corporation where he held roles of increasing responsibility throughout the organization for almost 30 years. Mr.Hall graduated with a Bachelor of Mining Engineering (Hons) from the Western Australia School of Mines in Kalgoorlie.

What is your rationale for taking part 121 Mining Investment?

We have an appetite for letting investors know about our exciting growth plans for the Company including our multi year (2022-2024) grade driven growth profile, the potential to expand resources and results from our ongoing 170,000 metre drill exploration program across all of our assets in Nicaragua and Nevada. The Company is in great financial shape with $92.3 million in cash at June 30, 2022.

What recent news would you like to highlight to investors attending?

June 29, 2022 – High Grade Drill Intercepts at its Gold Rock Project, Nevada; Advances Technical Studies with Positive Metallurgical Results
June 27, 2022 – Intersect Bonanza Grade Gold at the Limon Complex; Reinforcing the Strong Potential to Add Resources and Expand the Panteon Mine
June 22, 2022 – Multi-Year Grade Driven Increasing Production Outlook, 2023 Increasing to 250-275 Koz and 2024 Increasing to 275-300 Koz
June 16, 2022 – Receipt of Environmental Permit for Development and Operation of the High-Grade Pavon Central Open Pit Mine Expected to Drive Production Increase in 2023