In a time when the gold market is flourishing, Calibre Mining offers an outstanding opportunity for investors.
The recent announcement by Canadian Environment Minister Steven Guilbeault has set the stage for an exciting future: The expansion of the ‘Valentine’ gold mine through the approval of the third open pit, the ‘Berry’ deposit, has now been officially approved!
After months of intense review and extensive consultations with Indigenous groups, communities, and stakeholder organizations, Canada’s environmental authority (‘IAAC’) has granted approval for the ‘Berry’ deposit. This marks a significant milestone for Calibre Mining (WKN: A2N8JP), now that they have the crucial environmental approval in hand to fully implement the three-pit mining project outlined in the 2022 feasibility study.
“We now have all the essential permits!”
These words from Darren Hall, the President and CEO of Calibre, are music to the shareholders’ ears. Since acquiring the ‘Valentine’ gold mine in January 2023, the company has made impressive progress: Engineering work, for example, is already 98% completed, construction has reached around 77%, and an experienced operations team has been deployed to ensure the first gold production in the second quarter of 2025.
‘Valentine’: A Transformative Step!
The ‘Valentine’ mine, with a mineral reserve of 2.7 million ounces of gold, has the potential to significantly increase Calibre Mining’s (WKN: A2N8JP) production capacity. Starting production next year, the mine will produce approximately 195,000 ounces of gold annually at highly competitive ‘All-in-Sustaining-Cost’ (‘AISC’) of $1,007 per ounce.
Moreover, the deposit offers significant exploration potential that should further expand the current resource base.
Diversification and Financial Strength as Keys to Success!
Calibre Mining (WKN: A2N8JP) shines not only through its strategic acquisitions but also through its geographical diversification with operations in Central America, Nevada, and Canada. This distribution of locations minimizes geopolitical risks and strengthens the company’s operational stability.
The existing mines in Nicaragua and Nevada continue to generate considerable cash flows, enabling Calibre to aggressively advance the development of the ‘Valentine’ gold mine and other projects.
With a solid cash position of approximately $140 million (as of April 2024), Calibre is well-positioned to cover the remaining $279 million for the completion of the ‘Valentine’ gold mine. This financial strength and strict cost management ensure that the project will be completed on time and within budget.
Exploration Successes and Growth Potential!
2024 promises to be a year of intensive exploration, with over 130 km of planned drilling in Newfoundland, Nicaragua, and Nevada. The previous discoveries in the ‘Valentine’ mine, including high-grade finds of 46.53 g/t gold over 5.3 m, fuel hopes for a significant expansion of the resource base. Calibre’s (WKN: A2N8JP) strategy of continuously investing in its exploration projects aims to significantly increase the company’s value through discoveries and developments.
A Clear Path Toward Revaluation!
With the commissioning of the ‘Valentine’ mine, Calibre Mining is poised to rise from a junior to a mid-tier gold producer. This transformation is expected to lead to a revaluation of the market capitalization, reflecting the increased production capacity, diversified asset portfolio, and stronger financial performance. For 2024, the company forecasts gold production of 275,000 to 300,000 ounces of gold at ‘AISC’ of $1,275 to $1,375 per ounce – ideal conditions in an environment of rising gold prices.
Calibre Mining (WKN: A2N8JP) has established itself as a leading player in the gold sector. With a strong financial base, strategic diversification, and a clear growth path, the company offers an outstanding investment opportunity for investors looking to capitalize on the gold boom. The recent approval of the ‘Berry’ open-pit mine is just the beginning of a new chapter – and it promises to be a golden one.
In conclusion, a bright future ahead! Strategic partnerships and market recognition for more investor reach!
The inclusion of Calibre Mining (WKN: A2N8JP) in indices such as the S&P/TSX Composite Index increases visibility and attractiveness to institutional investors. This inclusion is expected to attract additional investments and support the company’s growth trajectory. Furthermore, the company’s strong relationships with local communities and governments, especially in Nicaragua, enhance operational stability and support sustainable growth.
With approved projects, a strong financial position, and strategic growth potential, the company is well-positioned to shine in the emerging gold market. Invest now and benefit from the success story of Calibre Mining (WKN: A2N8JP)!
Warm regards and best of luck with your investments,
Yours
Jörg Schulte
Sources: Calibre Mining, proprietary research, and calculations. Image sources: Calibre Mining, Intro image: stock.adobe.com
This promotional article was created on August 9, 2024 by Jörg Schulte, Managing Director of JS Research GmbH. According to §84 WPHG, the activity of JS Research GmbH is reported to BaFin!
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Information on conflicts of interest: The publishers and responsible authors hereby declare that the following conflicts of interest exist regarding the company discussed in this publication, Calibre Mining, at the time of publication: I. Authors and the publisher as well as related consultants and clients hold no shares in the companies mentioned at the time of publication but reserve the right to buy and sell shares at any time and without notice. II. Authors or the publisher or clients as well as related consultants do not have a direct consulting mandate with Calibre Mining at the time of publication but receive a fee from the company for the report. III. Authors and the publisher do not know whether other newsletters, media, or research firms are discussing the shares of Calibre Mining in the same period, so there may be symmetric information and opinion generation during this period. IV. This publication of JS Research GmbH is explicitly not a financial analysis but a publication of a very clear and clearly advertising nature on behalf of the company discussed and is therefore to be understood as advertising/marketing communication.
According to §85 WpHG, I would like to point out that Jörg Schulte, JS Research GmbH, or employees of the company do not hold any shares in Calibre Mining but may enter into their own business in the shares of the company (e.g., long or short positions) at any time. We expressly point out a conflict of interest. This also applies to options and derivatives based on these securities. The resulting transactions can under certain circumstances influence the respective stock price of the company. The information and data published by JS Research GmbH are based on sources that we consider reliable and trustworthy at the time of preparation. However, no guarantee can be given for the accuracy and completeness of this information and data. The same applies to the opinions and statements contained in the analyses and market assessments by JS Research GmbH. These were created with due care. Responsibility or liability for the correctness and completeness of the information contained in this publication is excluded. All opinions expressed reflect the current assessment of the authors, which can change at any time without notice. There is explicitly no guarantee or liability for the forecasts of price or profit developments predicted in the publications by JS Research GmbH.
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