It “strengthens our confidence that Valentine represents a new gold district,” Hall said.
“Since our initial due diligence in 2024, the team has been extremely excited by the highly prospective district potential of the Valentine gold mine property, which has a similar geologic setting to the prolific Val-d’Or and Timmins camps in the Abitibi gold belt,” Hall said.
The Valentine project, 85% complete as of this month, remains on track to pour its first gold in the second quarter next year. With construction nearing completion and production expected to average 200,000 oz. per year over the first 12 years, the recent exploration success adds momentum to Calibre’s push to establish Valentine as a cornerstone asset.
Visible gold
Highlight hole FZ-24-048 cut 172.8 metres at 2.43 grams gold per tonne from 271 metres depth. Hole FZ-24-046 returned 95.4 metres at 2.12 grams gold from 341 metres depth and…
