Calibre Mining Corp. reports 47% higher gold grades and 44% more ounces at Valentine Gold Mine's Marathon Pit in Newfoundland & Labrador.
Calibre Mining Corp. reported that its recent ore control drilling at the Marathon Pit of the Valentine Gold Mine in Newfoundland & Labrador revealed gold grades 47% higher and an additional 44% in ounces compared to the 2022 Mineral Reserve model. Construction is 77% complete, with first gold production expected in Q2 2025. An expanded drilling program is underway to target further gold reserves along the Valentine Lake Shear Zone.
September 03, 2024
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