1. Advanced Gold, Copper and Silver Exploration
Mining Triangle, Nicaragua
TSX.V: CXB
December 2013
2. FORWARD LOOKING STATEMENT
Certain statements in this document constitute “forward looking
statements” which may not be based on historical fact. Such forward looking
statements involve known and unknown risk, uncertainties and other
factors which may cause the actual results, performance or achievements of
the Company, or industry results to be materially different from any future
results, performance, or achievements expressed or implied by such forward
looking statements. Such factors include, among others, the following: actual
results of exploration and development activities; the costs and timing of
the development of new deposits; future prices of precious and base metals;
accidents; risks inherent in mineral exploration; risks associated with
development, construction and mining operations; restrictions on foreign
ownership; the Company’s history of operating losses and uncertainty
of future profitability; uncertainty of access to additional capital; and
environmental liability claims and insurance. This presentation is not an
offer to purchase securities and does not constitute an offering document
under Securities legislation.
Mr. Gregory Smith, P.Geo, the President and CEO of the Company, is the
Qualified Person as defined by NI 43-101, and is responsible for the accuracy
of the technical data and information.
3. 4
CALIBREMINING.COM
CALIBRE INVESTMENT HIGHLIGHTS
Calibre’s Borosi Gold-Copper-Silver Project
Mining Triangle of Northeast Nicaragua, Central America
InvestMENT Highlights
STABLE ENVIRONMENT: PROLIFIC MINING DISTRICT
NEW DISCOVERY: 100% OWNED MONTES DE ORO GOLD PROJECT
» Stable government and mining favorable political environment
» rench MTR13-009 - 52.3 metres grading 7.1g/t gold, MTR13-017 grading
T
27.5 metres grading 4.93 g/t gold
» Prolific “Mining Triangle” has produced over 7.9M oz’s of gold
» Calibre and its partners control over 785 km2 in this underexplored region
Team AND PARTNERS: Experienced, Successful
» Calibre Mining Proven management with decades of mining and public
company experience
» Featherstone Capital Strong history of success. Have created billions of dollars in
Shareholder Value
» B2Gold Nicaragua’s largest gold producer with two mines and a strong portfolio
of development assets
Established ProjectS: Proven PARTNERS
» Calibre 100%-owned NI 43-101 Compliant Inferred Resource totaling 1,057,750
ozs Gold and 8,430,070 ozs Silver in three Gold-Silver Deposits
» Calibre/Alder NI 43-101 Compliant Inferred Resource totaling 118,000 ozs
Gold, 2.35 million ozs Silver, 108 million lbs Copper
» Calibre/B2Gold primavera gold/copper porphyry with additional drilling planned
in 2014
» trong gold-silver-copper-zinc soil anomaly extending over a 400 metre by
S
650 metre area and remains open
100% OWNED EASTERN EPITHERMAL GOLD-SILVER DISTRICT
» argely under-explored +20km strike length on the Risco de Oro-GuopinolL
La Supressa gold-silver trend
» Limited past production from Risco’s De Oro (open pit and underground)
» Eastern Epithermal District is very similar in strike length, geology and
mineralized-style to the nearby Bonanza Gold Mine which has past production
and current reserves in excess of 4.0 million ounces gold.
B2Gold/Calibre (JV) PRIMAVERA GOLD-COPPER PROJECT
»Primavera porphyry gold/copper project: discovery drill hole (Jan 2012):
261.7m grading 0.78g/t Au, 0.30% Cu
»Joint Venture with B2Gold. B2Gold(Nicaragua’s largest gold producer)
who earned a 51% interest in 322km2 of concessions by spending $8M with an
option to go up to 70% interest by spending an additional $6M over 3 years in
project expenditures
» 25km2 porphyry gold/copper target area at Primavera
5
4. 6
CALIBRE TEAM
EXPERIENCED Team
Calibre Mining Corp
Greg Smith, P.Geo President CEO, Director
»
25+ years exploration experience with both junior senior operations;
» nvolved in successfully outlining 10+ million ounces of gold discoveries.
I
Paulo Santos, CA Chief Financial Officer
» 10+ years experience with public accounting, auditing, and regulatory
compliance
CALIBREMINING.COM
PARTNERS
B2Gold
Vancouver based gold producer led by Clive Johnson and Tom Garagan,
with two gold mines in Nicaragua and a strong portfolio of development and
exploration assets in Nicaragua, Colombia, Uruguay and Namibia B2Gold was
founded in 2007 by the former executive and management team of Bema
Gold Corporation.
Edward Farrauto, CGA Director
Alder Resources
» 20+ years experience as CFO and director of public companies;
» ounder and director of several public companies;
F
Toronto-based junior exploration company with a focus on exploration for
base and precious metals in the Americas.
George Salamis Director
» 0+ years exploration, development and operations experience;
2
» President CEO of Edgewater Exploration Ltd.
Hon. John Reynolds, P.C. Director
SHARE STRUCTURE
»
35+ years experience in politics, former Member of Parliament, and a
member of the Queen’s Privy Council for Canada;
Issued Outstanding
» Strategic Senior Advisor at McMillan LLP.
Yamana Warrants
10,000,000
B2Gold Warrants
10,000,000
Featherstone Capital
Fully Diluted
222,860,918
Douglas B. Forster, M.Sc., P.Geo Executive Chairman of the Calibre Board
Fully Diluted Cash Position
$7,067,500
Working Capital
~$1,300,000
187,910,918
Options 14,950,000
» resident CEO of Featherstone Capital Inc.
P
» 0+ years of resource project development, MA, equity finance and
3
public company management;
SIGNIFICANT SHAREHOLDERS
» Founder and director of numerous public companies;
B2Gold Corp.
Blayne Johnson Lead Director of Calibre Board
» 5 years of capital markets experience;
2
» ormer VP of First Marathon Securities
F
» Chairman of Featherstone Capital Inc.
10.6%
Management 10.0%
7
5. 8
CALIBREMINING.COM
WORKING IN NICARAGUA
BOROSI CONCESSION AREA
HONDURAS
Nicaragua: Stable, Under Explored
EL SALVADOR
Mining Environment
Borosi
Concessions
Bonanza
(Gold Mine)
Siuna
» emocratic Republic with President Ortega elected to a
D
new 5 year term in Nov. 2011
» old is Nicaragua’s No. 3 export
G
» old has helped Nicaragua’s economy grow by 4%
G
annually in the past year, the highest rate in Central
America
» nnual gold production has more than doubled in the
A
past 3 years
» upportive mining laws, including favourable tax
S
regime
» 5 year exploration and 50 year exploitation permits
2
» conomist Intelligence Unit ranks Nicaragua as one of
E
the safest countries in Central America
Puerto Cabezas
(Airport)
Riscos de Oro
Rosita and
Primavera
NICARAGUA
El Limon (Gold Mine)
B2GOLD CORP.
Pacific Ocean
Managua
La Libertad (Gold Mine)
B2GOLD CORP.
Caribbean
Sea
Lake
Nicaragua
COSTA RICA
0
20
40
80
120
160km
9
6. CALIBREMINING.COM 11
BOROSI CONCESSIONS AREA
BOROSI GOLD, SILVER AND COPPER
CONCESSIONS – “Mining triangle”
100% CALIBRE
1
CERRO AEROPUERTO
Gold-Silver
NI43-101 Inferred Resource
707,750 oz Au
3.14M oz Ag
2 MONTES DE ORO
New Discovery
Gold-Copper-Silver
5k
m
Borosi Concessions
27
10
Cerro Cola Blanca
Forest Reserve
NICARAGUA
Managua
Riscos de Oro
Bonanza
3
Bonanza (Gold Mine)
4
Blag
Guapinol
2.8M OZS PAST PRODUCTION
7
5
Minnesota
La Luna
Rosita
8
Santa Rita
Cerro Banacruz
Forest Reserve
6
3
RISCOS DE ORO
Gold-Silver
NI43-101 Inferred Resource
222,300 oz Au
4.14M oz Ag
4 GUAPINOL
Gold-Silver
Historical Drilling
5
LA LUNA
Gold-Silver
NI43-101 INFERRED RESOURCE
127,700 oz Au
1.74 M oz AG
CALIBRE/B2Gold
6 PRIMAVERA
7
Primavera
2
Gold-Copper
MINNESOTA
Gold-Copper
Prospects
Montes de Oro
La Virgen
1
LA LUZ (Gold Mine)
8 ROSITA
Copper-Gold-Silver
Calibre-B2Gold Option Area
Siuna
2.7M OZS PAST PRODUCTION
CALIBRE/ALDER RESOURCES
Calibre-Alder Option Area
Cerro
Aeropuerto
100% Calibre
0
5
10
15
20km
NI43-101 Inferred Resource
108M lbs Cu
118,000 oz Au
2.35M oz Ag
7. 12
CALIBREMINING.COM 13
SIUNA PROJECT
Borosi Concessions
Siuna District
100% CALIBRE OWNED
0km
20
» The Cerro Aeropuerto gold-silver high grade inferred resource
(6.05Mt @ 3.64 g/t gold 16.16 g/t silver for 707,000 ounces gold
3.14 Moz silver is located 500-1000 m along strike from the past
producing La Luz Mine. (~2.5M ounces gold)
» New gold-copper porphyry and skarn-style mineralization
discovery at La Virgen and Montes de Oro targets, north of the Cerro
Aeropuerto gold-silver deposit.
» La Virgen target hosts a broad 500 m x 1000 m gold-copper stream
sediment and soil anomaly
» Several placer gold workings
» Montes de Oro located approximately 4km north of La Virgen has
outlined a 400 m x 650 m gold-copper-lead-zinc anomaly.
» Additional ground exploration work on going
HIGHLIGHT TRENCH RESULTS 2013 - MONTES DE ORO
Trench ID
Interval (m)
Gold (g/t)
Copper (%)
MTR13-009 52.3 7.07
including 26.9 12.54
MTR13-017 27.5 4.93
MTR13-026 33.5 2.1
0.06
0.10
0.05
0.04
TRENCH/PIT RESULTS 2013 - La VIRGEN
Trench ID
Interval (m)
Gold (g/t)
Copper (%)
VTR 12-001
45.0
0.40
0.12
including 9.00 1.39 0.19
VTR 12-021
10.20
0.70
0.11
PIT 11
2.00
27.18
40
8. 14
MONTES DE ORO GOLD PROJECT
CALIBREMINING.COM 15
Borosi Concessions
100% Montes De Oro
Gold-Silver-Copper-Zinc
0km
20
40
» New gold-copper-silver-zinc mineralization discovery at the Montes de Oro target, north of the Cerro Aeropuerto gold-silver deposit.
» Outlined in trench MTR13-009 52.3 m grading 7.1g/t gold
» Montes de Oro has outlined a 400 m x 650 m gold-copper-lead-zinc anomaly open along the northeast.
» Trenching has only partially tested a strong coincident gold-silver-copper-lead-zinc anomaly.
» Additional exploration work underway on this new discovery
Montes de oro GolD-In-Soil Map
Montes de oro TRENCHES
Trench Results
Trench ID
From (m)
To (m)
Interval (m) Au (g/t)
MTR13-009
0.0
52.3
52.3
incl
10.7
52.3
41.6
8.46
0.07
1.47
incl
10.7
36.9
26.2
12.54
0.10
2.32
MTR13-017
0.0
27.5
27.5
4.93
0.05
0.38
incl
14.0
23.0
9.0
10.15
0.06
0.29
7.07
Cu (%)
0.06
Zn (%)
1.23
Recent Trench Results
Trench ID
MTR13-018
From (m)
Cont.
To (m) Interval (m) Au (g/t)
Cu (%)
Zn (%)
20.0
29.0
9.0
3.11
0.02
0.41
MTR13-019
4.8
21.0
16.2
4.68
0.05
0.22
MTR13-020
29.5
38.0
8.5
1.66
0.03
0.23
MTR13-022
0.0
6.0
6.0
4.73
0.03
0.07
MTR13-026
0.0
33.5
33.5
2.1
0.04
0.05
9. 16
MONTES DE ORO GOLD PROJECT
CALIBREMINING.COM 17
Montes de oro SOIL GEOCHEM Map
New Zone
Trenching underway
MTR13-009
52.3m @ 7.07 g/t Au
MTR13-026
33.5m @ 2.1 g/t Au
MTR13-017
27.5m @ 4.92 g/t Au
11. RISCOS DE ORO PROJECT
20
CALIBREMINING.COM 21
Borosi Concessions
RISCOS DE ORO PROJECT
DISTRICT POTENTIAL
0km
100% CALIBRE OWNED
20
40
Murcielago Trench
» ow Sulfidation Epithermal Gold-Silver Vein District
L
» omparable to nearby Bonanza Camp in geology, mineralization, and
C
structure (past production of +2.8 million ozs Au)
» old – Silver System extends over 7 km from the El Paraiso and Murcielago
G
targets Northeast towards Riscos de Oro
» ompleted 9,427m of resource delineation drilling at Riscos in 37 holes
C
with epithermal gold-silver intercepts including 7.69 g/t Au,
211.80 g/t Ag over 10.6m
» istoric trenching at Murcielago adit 7.0 Km SW of Riscos returned
H
12.4 g/t Au over 3.0 metres
NI 43-101 GOLD/SILVER RESOURCE AT RISCOS
DE ORO
100% CALIBRE OWNED
Calibre Mining Corp. Inferred Resource (using a 0.6 g/t AuEq cutoff grade)
Tonnes and Grade
Zone
Upper
Tonnes
(g/t)
Grade Grade
Grade Contained Au Contained Ag Contained
(Au g/t) (Aq g/t) (AuEq g/t) (ounces)
(ounces) (ounces AuEq)
1,539,000 2.45 64.42 3.46
Lower
Total
Total Ounces
121,200 3,188,000
620,000 5.07 47.87 5.82 101,000 954,000
2,159,000
3.20
59.67
4.14
222,300
4,142,000
287,100
1. CIM definition standards were followed for the resource estimate.
2. The 2012 resource models used Inverse Distance grade estimation within a three-dimensional block model with mineralized zones defined by wireframed solids.
3. A base cutoff grade of 0.6 g/t AuEq was used for reporting resources with capping of silver grades at 591 g/t.
4. A density of 2.65 g/cm3 was applied.
5. Numbers may not add exactly due to rounding.
6. Gold Equivalent (AuEq) calculated using $1264 /oz Au for gold and $19.78/oz Ag for silver and metallurgical recoveries and net smelter returns are assumed to be 100%.
7. Mineral Resources that are not mineral reserves do not have economic viability
8. The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an
indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category.
Risco De Oro
12. 22
GUAPINOL GOLD PROJECT
Guapinol TREND
CALIBREMINING.COM 23
Borosi Concessions
» ocated in the North-eastern portion of the Borosi Concessions where the
L
Riscos de Oro and La Luna gold-silver deposits are located
100% CALIBRE OWNED
0km
20
40
» omparable geology, mineralization and structure to nearby producing
C
Bonanza camp (past production of ~2.8Moz gold)
» onsists of a series of anomalous zones, past producing pits, shallow shafts
C
and existing small scale mining areas over eight kilometres
» xploration at Guapinol has included; mapping, geophysics, geochemistry,
E
trenching and drilling which has identified excellent near surface targets
three kilometres long and averaging 500 metres wide.
» rab samples from Guapinol consist of 13.1 g/t gold, 18.8 g/t gold while at
G
the California target approximately three kilometres along strike samples
have returned 3.2g/t gold, 21.9 g/t gold and 9.5g/t gold; finally La Sorpresa
located 8.5 kilometres along strike returned grab samples of 14.2 g/t gold,
17.01 g/t gold and 74.0 g/t silver.
10km strike
8km strike
3km strike
» aps above show detailed Guapinol soil sample targets identified, showing
M
highly anomalous gold-silver anomalies to be followed up on. These
comparied to the previously mined open pit and underground Risco’s de
Oro
13. 24
CALIBREMINING.COM 25
PRIMAVERA PROJECT
PRIMAVERA GOLD/COPPER PROJECT
PRIMAVERA GOLD/COPPER PROJECT DRILL HOLES
PR11-002, PR12-008, PR12-011
PROJECT HIGHLIGHTS
» Road accessible with national power grid located 1.2 km from the project, 8km
from town of Rosita
» Subdued topography with main land use being subsistence farming and
ranching
» Joint Venture with B2Gold: B2Gold have earned a 51% interest in Primavera,
as well as 322 sq km of surrounding concessions, by spending $8M. B2Gold
and Calibre Mining have entered into an agreement granting B2Gold an
option to acquire a further 19% interest into the 322 sq km concessions
including Primavera by spending an additional $6.0 million in project
expenditures over 3 years.
PR-11-002
261.70m grading
0.78 g/t Au, 0.30% Cu
PR-12-011
159.53m grading
0.46 g/t Au, 0.20% Cu
PR-12-008
247.35m grading
0.43 g/t Au, 0.21% Cu
» Updated Airborne geophysical survey completed over a large 5km by 5km
interpreted intrusive/volcanic complex. Additional ground surveys underway
» 32 drill holes completed totaling 13,414m
» Extensive exploration program underway additional drilling in 2013
» Primavera is geologically similar to Newcrest Mining Limited’s Cadia
Ridgeway porphyry gold/copper mine in NSW, Australia where underground
and open pit reserves contain 23.6M oz Au and 8.3B lbs Cu*
Au (g/t)
Cu (%)
PR12-008 INTERCEPTED:
» 172.35m grading 0.48 g/t Au,
0.24% Cu
*Newcrest Mining Limited website
PICTURED DRILL INTERCEPT ASSAYED
» 5.52m @ 0.59g/t Au and 0.29% Cu
(Section 196.93m-202.45m of Hole PR12-008)
14. 26
CALIBREMINING.COM 27
PRIMAVERA PROJECT
PRIMAVERA GOLD/COPPER PROJECT
SOIL GEOCHEMISTRY
Borosi Concessions
AIRBORNE RADIOMETRIC SURVEY
GOLD IN SOIL GEOCHEMISTRY
0km
2 Km
0
COPPER IN SOIL GEOCHEMISTRY
20
HIGHLIGHTS
» ver 800 m by 300 m gold/copper soil geochemistry anomaly (open)
O
» dditional gold/copper soil geochem anomalies have been outlined in the
A
25km2 Primavera porphyry target area
» renches returned long intervals of continuous gold/copper
T
mineralization including 179.4m grading 0.63g/t Au and 997 ppm Cu
TRENCH RESULTS
Trench ID
Interval (m)
Gold (g/t)
Copper (ppm)
PRTR11-005 51.25 1.53
680
PRTR11-010 107.00 0.78
980
PRTR11-011 179.40 0.63
997
PRTR11-012 58.00 0.70 1313
PRTR11-013 49.50 0.25 1100
PRTR11-014 51.70 0.42 1286
40
15. 28
CALIBREMINING.COM 29
PRIMAVERA PROJECT
PRIMAVERA GOLD/COPPER PROJECT RESULTS
PRIMAVERA DRILL PLAN
Borosi Concessions
» e higher grade Gold/copper porphyry mineralization has been intersected in drill
Th
holes over a 300m by 300m area and to a depth of 300m with mineralization comprised
of quartz-magnetite-chalcopyrite-bornite veins and vein stockwork within broad zones
of potassically and propylitically-altered intermediate volcanic and intrusive rocks
» rimavera is geologically similar to Newcrest Mining Limited’s Cadia-Ridgeway gold/
P
copper mine (23.6M oz Au and 8.3B lbs Cu)
PRIMAVERA SELECT DRILL RESULT HIGHLIGHTS*
Drill Hole
PR-11-001
From
(m)
To
Length
(m)
(m)
Gold
Copper
AuEq**
(g/t) (ppm) (g/t)
0.00 276.80 276.80 0.50 2,146 0.84
includes 0.00
103.00 103.00
0.85
PR-11-002
1.5
263.20 261.70 0.78 2,966 1.25
includes
1.5
209.00 207.50
0.89
3,240
1.36
3,378
1.42
includes 74.50
209.00 134.50
1.01
3,561
1.57
PR -11-003
327.20
0.41
1,843
0.70
0.65
2,742
1.08
4.00
includes 4.00
323.20
150.50 146.50
PR-12-005 207.50 372.50 165.00 0.31 1,713 0.58
PR-12-006 12.00 102.00
90.00 0.21 1,315 0.42
PR-12-007
7.70 255.00 247.30 0.22 1,097 0.39
includes
156.00
197.00
41.00 0.34 1,760 0.62
PR-12-008 107.65 280.00 172.35 0.48 2,401 0.86
includes
131.50
187.00
55.50 0.67 3,507 1.22
PR-12-10
79.00 94.40 15.40 0.59 4,325 1.27
PR-12-11
6.95 166.48 159.53 0.46 2,008 0.78
Includes
6.95 95.65 88.70 0.53 2,225 0.88
PR-12-013
24
46.5 22.5 0.44 2,090 0.77
PR-12-012
6
103 97 0.34 1,646 0.60
PR-12-016
0.00 201.35 201.35 0.77 3,567 1.34
includes
27.75 85.6 57.85 1.08 4,915 1.86
PR-12-023
0.00 455.80 455.80 0.20 1,138 0.39
PR-12-024 655.60 656.70 1.10 18.28 252 18.33
includes 673.00
674.50
1.50
11.95
2,373
12.33
*Complete drill results available on Calibre Mining’s website
**AuEq (g/t) Gold Equivalent calculated using 1,300/oz gold and $3.00/lb copper and metallurgical
recoveries and net smelter returns are assumed to be 100%
Note: Holes 1-3 Jan. 20, 2012, Holes 4-10 April 16, 2012, holes 11-13 June 28, 2012 holes 14-32 Jan 2013
0km
20
40
16. 30
CALIBREMINING.COM 31
MINNESOTA PROJECT
Borosi Concessions
MINNESOTA PORPHYRY Gold/copper PROJECT
GOLD IN SOIL GEOCHEMISTRY
HIGHLIGHTS
0km
20
» located 20 kilometres northwest of the Primavera gold-copper project
» successfully outlined porphyry-style mineralization delineated over 1.75km
by 1.25km
»5
00m by 250m gold and copper soil anomaly
» 39.5 metres of face sampling of artisanal workings
3
» etailed geological mapping over 15 square kilometres and reconnaissance
d
geologic mapping over 52 square kilometres
COPPER IN SOIL GEOCHEMISTRY
Channel RESULTS
Trench ID
MNTR13-001
MNTR13-002
Interval (m)
Gold (g/t)
7.50
9.20
3.93
4.17
TRENCH RESULTS
Trench ID
Interval (m)
Gold (g/t)
BRTR11-044 6.40
BRTR11-047 8.00
BRTR11-053 4.65
BRTR11-054 6.00
BRTR11-057 12.80
5.56
6.35
1.51
2.12
1.27
40
17. NI 43-101 MINERAL RESOURCE ESTIMATES
32
CALIBREMINING.COM 33
NI 43-101 GOLD/SILVER RESOURCES
CERRO AEROPUERTO, LA LUNA Riscos
100% CALIBRE OWNED
Calibre Mining Corp. Inferred Resource (using a 0.6 g/t AuEq cutoff grade)
Tonnes and Grade
Total Ounces
Deposit
Tonnes
Gold
Silver
Au Eq1
(g/t) (g/t) (g/t)
Gold
(oz)
Silver
(oz)
Au Eq1
(oz)
Cerro Aeropuerto
6,052,000
3.64
16.16
3.89
707,750
3,144,500
757,000
La Luna
2,539,000
1.56
14.01
1.78
127,700
1,143,570
146,000
Risco
2,159,000
3.20
59.67
4.14
222,300
4,142,000
287,000
1,057,750 8,430,070 1,190,000
1. * or Cerro Aeropuerto La Luna Gold Equivalent (Au Eq) calculated using gold price of US$1,058/oz and silver price
F
of US$16.57 /oz and for Riscos a gold price of US$1264/oz and silver price of US$19.78/oz. Assumes metallurgical
recoveries and net smelter returns are to be 100%
Borosi Concessions
2. Mineral resources that are not mineral reserves do not have economic viability.
3. A base cutoff grade of 0.6 g/t AuEq was used. Riscos estimate used a capping of silver grades at 591 g/t.
a density of 2.65 g/cm3 was applied. Numbers may not add exactly due to rounding.
NI 43-101 COPPER/GOLD/SILVER RESOURCES AT
ROSITA
Joint Venture with AlDer Resources
Calibre Mining Corp. and Alder Resources Inferred Resource (using a 0.15% Copper cutoff grade)
Tonnes and Grade
Total Resources
Deposit
Tonnes Gold Silver Cu
(g/t) (g/t) (%)
Rosita Stock Piles
7,950,000
0.46
9.20
0.62
Gold
(oz)
118,000
Silver
(oz)
Cu
(lbs)
2.35M
108M
1. Base case is reported at a 0.15% copper equivalent cut-off grade which incorporates consideration of mining and processing
cost, recoveries, commodity prices and selling cost.
2. Estimate assumes a long term copper price of US$2.90/lb, a gold price of US$1,200/oz and a silver price of US$24/oz.
3. Rounding as required by NI 43-101 reporting guidelines may result in apparent summation differences.
4. Tonnage and grade measurements are in metric units. Contained gold and silver ounces are reported as troy ounces, contained
copper pounds as imperial pounds.
5. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources
may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.
6. The quantity and grade of reported inferred mineral resources in this estimation are uncertain in nature and there has been
insufficient exploration to define these inferred mineral resources as indicated or measured mineral resources and it is uncertain if
further exploration will result in upgrading them to indicated or measured mineral resources.
0km
20
40
18. 34
CALIBREMINING.COM 35
CALIBRE/ALDER OPTION
FORMER SANTA RITA
COPPER-GOLD MINE
CALIBRE/ALDER OPTION
Borosi Concessions
0km
20
40
» ptioned to Alder Resources; Alder to spend C$4.0 million over the
O
next four years to earn a 65% stake in Calibre’s Rosita D Concession
» osita D concession: 3,356 hectares - only 5% of Calibre’s concessions
R
in the Mining Triangle
» istoric open pit Santa Rita copper-gold mine: total historic
H
production from skarn mineralization estimated at 305 M lbs of Cu,
177,737 ozs of Au, and 2,629,720 ozs of Ag from 5,924,572 tons of ore
(Arengi, 2002)
» n May 9, 2012 Alder Resources Announced a NI 43-101 Inferred
O
Resource estimate of 7.95 Mt averaging 0.62% Cu, 0.46 g/t Au, and
9.2g/t Ag. Containing 108 M lbs copper, 118,500 oz gold and 2.35 M
oz of silver
» hase One exploration commenced, including 8,000 metres of
P
diamond drilling. Results to date include: 8.0m grading 29.54 g/t Au
and 8.0m grading 6.9 g/t Au (Alder news Release Sept 5, 2012)
» igh grade copper/gold/silver zone identified 5.21% Cu, 4.40 g/t Au
H
and 144g/t Ag over 12.1 metres with additional work ongoing
19. 37
36
Summary
» icaragua provides a favorable, stable, environment
N
for mining.
» alibre’s 100% owned gold-silver deposits host
C
inferred resources of 1,057,750 oz Au and 8,430,070
oz Ag (1,190,000 oz AuEq)
» ew gold-skarn discovery at 100% owned Montes de
N
Oro (52.3 m grading 7.1g/t Au MTR13-009)
»C
alibre Mining, Featherstone Capital, B2Gold, and
Alder Resources are an established, experienced team
who control over 785 km2 of underexplored territory
in an area that has already produced more than 7.9M
oz’s of gold.
» ew porphyry gold-copper discovery at Primavera
N
with district potential.
»B
2Gold have earned a 51% Interest in the Primavera
Gold-Copper discovery as well as 322 sq km of
surrounding concessions, by spending $8M. B2Gold
and Calibre Mining have entered into an agreement
granting B2Gold an option to acquire a further 19%
interest into the concessions including Primavera by
spending an additional $6M over 3 years.
EXPLORATION TIME LINE NEWS Flow
Q3/13
Q4/13
Exploration for Porphyry
Gold/Copper Systems
Q2/14
Calibre/B2Gold JV
100% Calibre owned concessions
Trenching at Montes de Oro
Q1/14
100% Calibre owned concessions
Target Delineation
Drilling at Primavera
B2Gold/Calibre JV
Data Review
Riscos de Oro / Cerro Aeropuerto / La Luna / 100% Calibre
Rosita Cu/Au project (Alder)
RESULTS
Trenching results Montes de Oro, B2Gold and Alder resources exploration
results Q3, Q4, Q1, Q2
INFORMATION
Ryan King
calibre@calibremining.com
(604) 628.1012
Calibre Mining Corp.
1620 – 1066 West Hastings St.
Vancouver, BC V6E 3X1
TSX.V: CXB
calibremining.com
20. Calibre Mining Corp.
1620 – 1066 West Hastings St.
Vancouver, BC V6E 3X1
TSX.V: CXB
calibremining.com