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  • Calibre Mining's Valentine Gold Mine is 73% complete

    Tue July 09 2024

     

    Calibre Mining (TSX: CXB) announced today that its Valentine Gold Mine is 73% complete.  First gold pour is scheduled for Q2 2025. The Valentine Gold Mine is in the Central Region of Newfoundland and Labrador. 

    A December 2022 feasibility study outlined an open pit mining and conventional milling operation over a 14.3 year mine life with a 22% after-tax rate of return and an average gold production profile of 195,000 ounces of gold per year for the first 12 years. 

     

    Source: https://www.kitco.com/

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