Investors Backing Mining Stocks As Gold Moves Higher - Calibre Mining Corp. (TSX: CXB) Makes Top Volume Leader On TSX


(MENAFN- Investor Ideas) Investorideas ( ), a go-to platform for big investing ideas for traders, including mining Stocks reports on trading for Calibre Mining Corp. (TSX: CXB ) (OTCQX: CXBMF), a growing mid-tier Gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua.

Calibre Mining is the TSX top volume leader as of this report, currently trading at $2.3500, up 0.0900, gaining 3.9823% on volume of over 5.1 million shares. Avid mining retail investors are moving into this stock and others as gold moves higher today and looks like a sector to be long in.

On September 10th Calibre announced drill results from the Company's 2024 exploration program within the Limon Mine Complex ("Limon"), in Nicaragua, including a new discovery, San Jose, situated approximately 2.5km north of the high-grade Panteon Norte deposit along the VTEM Gold Corridor. Four diamond drills are currently active in the VTEM Gold Corridor tracing mineralization to depth and along strike.

Gold highlights from the new San Jose discovery include:

13.26 g/t Au over 4.9 metres including 33.50 g/t Au over 1.2 metres in Hole LM-24-4966;

4.92 g/t Au over 10.3 metres including 9.79 g/t Au over 4.9 metres in Hole LM-24-4938; and

5.86 g/t Au over 4.7 metres and 4.50 g/t Au over 5.3 metres in Hole LM-24-4946.

Gold highlights from the past producing underground Talavera gold zone include:

2024 Talavera drill results:

6.38 g/t Au over 10.5 metres in Hole LIM-24-4943;

14.55 g/t Au over 1.0 metres and 23.60 g/t Au over 1.2 metres in Hole LIM-24-4962; and

19.95 g/t Au over 0.4 metres and 38.87 g/t Au over 1.2 metres in Hole LIM-24-4953.

2023 Talavera drill results ( see News Release dated May 17, 2023 ):

10.22 g/t Au over 4.2 metres including 15.25 g/t Au over 2.0 metres; 15.46 g/t Au over 6.7 metres including 18.09 g/t Au over 5.7 metres; 10.58 g/t Au over 7.9 metres including 15.18 g/t Au over 2.9 metres in Hole LIM-22-4688;

3.89 g/t Au over 2.5 metres including 5.85 g/t Au over 1.5 metres; 4.45 g/t Au over 20.9 metres including 8.09 g/t Au over 5.4 metres; 6.69 g/t Au over 3.5 metres; 9.31 g/t Au over 3.1 metres in Hole LIM-22-4677;

3.92 g/t Au over 3.6 metres in Hole LIM-22-4673; and

4.10 g/t Au over 4.2 metres in Hole LIM-22-4721.

Gold highlights from the 2024 Limon exploration program include:

8.98 g/t Au over 3.3 metres Estimated True Width ("ETW") in Hole LIM-24-4890;

19.81 g/t Au over 3.8 metres ETW in Hole LIM-24-4945;

16.52 g/t Au over 1.3 metres ETW in Hole LIM-24-4895;

29.90 g/t Au over 0.3 metres ETW in Hole LIM-24-4917;

5.29 g/t Au over 1.4 metres ETW in Hole LIM-24-4933;

6.10 g/t Au over 5.0 metres ETW in Hole LIM-24-4939; and

8.79 g/t Au over 2.8 metres ETW in Hole LIM-24-4937.

Recent news

Research more mining stocks with Investorideas free stock directory

About Investorideas - Big Investing Ideas

Investorideas is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors. Paid content is always disclosed.

Disclaimer/Disclosure: Alaska Energy Metals Corporation is a paid featured mining stock on Investorideas, Investorideas is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact management and IR of each company directly regarding specific questions. More disclaimer info: More disclaimer and disclosure info Learn more about publishing your news release and our other news services on the Investorideas newswire /News-Upload/ Global investors must adhere to regulations of each country.

MENAFN12092024000142011025ID1108668238


Investor Ideas

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.