Focused on the Prolific Mining Districts of Nicaragua and Nevada, USA

  • Nicaragua
    • Provides a stable government, with a political environment favorable to mining
    • Historical consolidated gold production by B2Gold at the El Limon and La Libertad gold mines over 1.4 million oz
    • 100% owned and operated, multi-asset gold production from El Limon, La Libertad, and Pavon gold mines
    • Extensive exploration potential across all assets
    • Borosi District has produced over 7.9M ozs of gold, historically
    • Operating in country for over 10 years
  • Nevada, USA
    • Acquired the gold producing Pan Mine and development project, Gold Rock from Fiore in January 2022
    • 100% ownership of both assets 
    • The Pan mine and Gold Rock project are located on the prolific Battle Mountain - Eureka Gold Trend in central Nevada
    • Consistent gold production increase year over year since 2017 from the Pan mine
    • Extensive exploration and mine expansion potential

Experienced and Successful: Teams and Partners

Proven management with decades of mining and public company experience.

Featherstone Capital, Doug Forster and Blayne Johnson have a significant history of success, having created billions of dollars in shareholder value.

Board of Directors and management extensively the Newmarket Gold team, acquiring gold production – advancing – drilling and optimizing and merging with Kirkland Lake Gold for C$1.2 Billion in 2016. Kirkland Lake has been one of the best performing gold stocks over the past three years and is now has a $12 Billion market capitalization.

B2Gold is Calibre’s largest shareholder at 34%, management are aligned with shareholders owning over C$10 million of equity and most recently purchased over C$6.5 million of the C$105.1 million C$0.60/share financing (September 17, 2019). Mining entrepreneur Lukas Lundin holds ~4%.

Borosi District - Calibre Mining acquired IAMGOLD’s 70% interest in the Eastern Borosi Project (700koz inferred resource at 4.9 g/t Au, including 250koz inferred resource at 12.7 g/t Au).

The Calibre Mining Advantage

2020 Production and Exploration successes - delivering on Hub & Spoke Operating Strategy

Growth Focused, Value Opportunity For Investors

0 %

2022 production 180,000 – 190,000 ounces

Total Cash Costs: $1,000 - $1,100 per ounce2
All-In Sustaining Costs: $1,100 - $1,200 per ounce2

$ 0 M

Cash position as at December 31, 2021

Debt free and unhedged as of June 30, 2021

$ 0 B

Management & Board Success

Prior to the formation of Calibre, the team delivered >$5 billion in shareholder value; aligned with shareholders with >$10m (~5%) invested

$ 0 M

2022 Exploration Budget

2022 Budget: $20m - $22m
+80,000m of infill and exploration drilling

EV/2021E Production:
US$1,480 vs Peer Average US$3,800 vs Top Quartile: US$8,2001

(as at Jan 7, 2022)

Re-investing plan for sustainable, high-margin growth

1. Shown on a EV / 2022E Gold Production basis as at Feb 1, 2021 Source: Company disclosure, Refinitiv, available broker reports
2. See January 12, 2021 news release disclosure for further details
3. October 15, 2020 Calibre completed the final acquisition payment to B2Gold of $15.5 million
4. Interactive Analyst Center

2022 revised production to include recently acquired Nevada assets early Q2, 2022

Follow us as we continue to discover, advance and create shareholder value.