Calibre Mining Announces Q3 & Year to Date 2024 Gold Production; Revises 2024 Guidance With Q4 Expected to Be the Strongest Production of the Year; Valentine Remains Fully Funded and On Track for Q2, 2025 Gold Production

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VANCOUVER, British Columbia, Oct. 18, 2024 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) announces operating results for the three months (“Q3”) and nine months (“year to date” or “YTD”) ended September 30, 2024, updated 2024 guidance and an update on the Valentine Gold Mine (“Valentine”), located in Newfoundland & Labrador, Canada. Calibre will host a conference call to discuss its Q3 operating results, revised full year guidance, and Valentine update this morning, October 18, 2024 at 10 am ET. To view the live webcast of the conference call, please click here. All figures are expressed in U.S. dollars unless otherwise stated.

Q3 & YTD 2024 Production and Preliminary Cost Results

  • Consolidated Q3 gold sales of 46,076 ounces; Nicaragua 36,427 ounces and Nevada 9,649 ounces:

    • Consolidated Q3 Total Cash Cost1 (“TCC”) of $1,580/oz: Nicaragua $1,615/oz and Nevada…

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