Calibre Mining Recommences Blasting And Mining Activities At Jabali

VANCOUVER - Calibre Mining Corp. reported that blasting and mining activities have recommenced at its Jabali underground mine, part of the Libertad complex.

Russell Ball, Chief Executive Officer, said, “We appreciate the hard work and supportive engagement by the Ministry of Energy and Mines and the local community at Barrio Jabali to safely and amicably relocate households that were impacted by ground stability issues created by illegal artisanal mining.  Notwithstanding the extended shut-down of Jabali, our ‘hub-and-spoke’ operating philosophy provided sufficient short-term flexibility to enable us to continue to deliver production in line with our original expectations for 2020.

Jabali represents an important long-term source of high-grade ore for the Libertad mill and is a key focus of our expanded drilling program.  We currently have three drill rigs completing infill and step-out drilling at Jabali, which as at December 31, 2019 hosted an inferred mineral resource of 1.24 million tonnes at an average grade of 7.87 g/t Au containing 315,000 ounces of gold. We see excellent potential to upgrade inferred to indicated resources while expanding the resource along strike and down plunge. Notwithstanding the phased restart of mining activities at Jabali through the balance of this quarter, we are maintaining our recently provided 2020 outlook.”