The overall Santa Maria geochemical anomaly has been traced for more than three kilometres. Results define a northern 300 metres of gold-silver mineralization with high copper which transitions to the south where it is characterized by moderate copper and high zinc. The drilling tested 800 metres of strike length to depths of between 50 and 100 metres below surface. The 2017 maiden drill program at Santa Maria consists of 13 diamond drill holes totaling 2100 metres. AuEq calculated using $1300 Au, $20 Ag, $2.50 Cu, and $1.25 Zn with 100% recoveries Length weighted averages from uncut assays (NSV = no significant values). Intervals are core lengths / true width are estimated to be 70-80% of lengths.
The discovery of this near surface high grade mineralization which was never drilled previously within this historic mining camp highlights the significant potential of Calibre Projects.”
Greg Smith, President and CEO of Calibre stated: “The high grade drill results from the maiden drill program at Santa Maria are a new discovery following-up on surface geological and geochemical exploration completed by Calibre. Mineralization remains open along strike and to depth with the Santa Maria gold in soil anomaly having been traced for over 3 kilometers.To date, results have been received for 8 drill holes of the maiden 2017 diamond drilling program which consists of 13 diamond drill holes totaling 2100 metres.Diamond drilling on the Santa Maria project has discovered significant gold and base metal mineralization in structurally controlled quartz veins and breccias.(TSX-V:CXB) (the “Company” or “Calibre”) is pleased to announce the initial results from the 2017 maiden drilling program on the 100% owned Santa Maria Gold-Copper-Zinc Project in Nicaragua. VANCOUVER, British Columbia, J(GLOBE NEWSWIRE) - Calibre Mining Corp.
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