Calibre Mining And B2Gold Sign Trenching Programme Agreement

News: TSX-V listed Calibre Mining has signed a definitive Joint Venture (JV) agreement with TSX-listed B2Gold to initiate a trenching programme on the Borosi concessions in Nicargua. Under the terms of the agreement, B2Gold can earn an additional 19% in the Borosi concessions JV by spending CAD6mn (US$5.47mn) in additional project expenditures over a period of three years. As part of the trenching programme, a minimum of four new trenches would be excavated along the Minnesota gold trend to expand the mineralisation. Recently conducted high-grade rock and soil sampling and mapping have revealed multiple targets along the 2km gold trend that would be investigated through trenching.

Calibre Mining And B2Gold Sign Trenching Programme Agreement

News: TSX-V listed Calibre Mining has signed a definitive Joint Venture (JV) agreement with TSX-listed B2Gold to initiate a trenching programme on the Borosi concessions in Nicargua. Under the terms of the agreement, B2Gold can earn an additional 19% in the Borosi concessions JV by spending CAD6mn (US$5.47mn) in additional project expenditures over a period of three years. As part of the trenching programme, a minimum of four new trenches would be excavated along the Minnesota gold trend to expand the mineralisation. Recently conducted high-grade rock and soil sampling and mapping have revealed multiple targets along the 2km gold trend that would be investigated through trenching.

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