Calibre Mining Continues to Intercept Bonanza Grade Drill Results Along the Multi-Kilometre Panteon VTEM Gold Corridor at the Limon Mine Complex; Drilling Intersects Include 111.92 g/t Gold over 4.1 metres and 33.60 g/t Gold over 2.6 metres

VANCOUVER. British Columbia, Jan. 30, 2024 (GLOBE NEWSWIRE) —  Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the “Company” or “Calibre”) is pleased to announce additional exciting results from its 2023 exploration and delineation drilling program at the Panteon VTEM Gold Corridor at the Limon Mine Complex. Previous results led to the discovery of the Panteon North deposit which yielded over 240,000 ounces of Proven and Probable Mineral Reserves (944,000 tonnes at 9.4g/t Au). The continued high-grade success within the Limon Complex continues to confirm the potential for resource expansion in the region.

Drill intercept highlights along the Panteon VTEM Geophysical Gold Corridor include:

• 111.92 g/t Au over 4.1 metres ETW in Hole LIM-23-4866;
• 15.63 g/t Au over 5.7 metres ETW including 33.60 g/t Au over 2.6 metres ETW in Hole LIM-23-4869;
• 36.07 g/t Au over 2.2 metres ETW in Hole LIM-23-4799;
• 9.38 g/t Au over 9.9 metres ETW including 19.32 g/t Au over…