Calibre Mining Corp. explores for gold, silver, and copper in Nicaragua. The document discusses several of Calibre's projects in Nicaragua under partnerships with IAMGOLD and B2Gold. These include the Riscos de Oro gold-silver deposit, which has an inferred resource of 222,300 oz gold and 4.14M oz silver, and the Minnesota gold project, where recent trenching returned 61.9m grading 1.76 g/t gold. The document provides details on the projects, partners, and Calibre's share structure and management team.

1. Advanced Gold-Copper-Silver Exploration
Borosi Concessions, Mining Triangle, Nicaragua
TSX.V: CXB July 2014
Partnered for Discovery

2. 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
has prepared and approved the technical data and
information in this presentation
FORWARD LOOKING
STATEMENT

3. INVESTMENT HIGHLIGHTS
CALIBRE INVESTMENT HIGHLIGHTS CALIBREMINING.COM 3
• NICARAGUA: stable government, mining favourable political environment, long history of
foreign investment in the mining sector
• MINING TRIANGLE: Calibre’s 785 km2 Borosi gold-silver-copper project is located in one of
the most prolific mining districts in Central America with over 7.9M ozs of past gold
production yet the district remains largely underexplored
• PARTNERSHIPS: Calibre has formed two partnerships with two mid-tier gold producers
B2Gold and IAMGOLD and also a third partnership with Alder Resources whereby Calibre’s
partners are required to spend up to $12 million on exploration and development over the
next 3 years
• CALIBRE GOLD RESOURCES: Calibre’s 100% owned NI 43-101 Inferred Resources total
1,057,750 ozs gold and 8,430,070 ozs silver in three deposits
• CALIBRE 100% OWNED MONTES DE ORO GOLD PROJECT: trenching has delineated
significant widths of gold mineralization including 52.3 metres grading 7.1 g/t gold and 27.5
metres grading 4.93 g/t gold within a 400 metre by 650 metre gold-silver-copper-zinc soil
anomaly
• 2014 EXPLORATION/DEVELOPMENT PLANS: B2Gold: trenching/auger sampling at the
Minnesota gold project, IAMGOLD: resource delineation drill programs at Riscos de Oro and
Guapinol, Alder: drill testing Rosita Cu-Au-Ag surface enriched and oxide targets

4. EXPERIENCED TEAM PARTNERS
CALIBRE MINING CORP.
Greg Smith, P.Geo President & CEO, Director
» 25+ years exploration experience with both junior & senior operations;
» Involved in successfully outlining 10+ million ounces of gold discoveries.
Paulo Santos, CA Chief Financial Officer
» 10+ years experience with public accounting, auditing, and regulatory
compliance
Edward Farrauto, CGA Director
» 20+ years experience as CFO and director of public companies;
» Founder and director of several public companies
George Salamis Director
» 20+ years exploration, development and operations experience;
» President & CEO of Edgewater Exploration Ltd.
Hon. John Reynolds, P.C. Director
» 35+ years experience in politics, former Member of Parliament, and a
member of the Queen’s Privy Council for Canada;
» Strategic Senior Advisor at McMillan LLP.
FEATHERSTONE CAPITAL
Douglas B. Forster, M.Sc., P.Geo Executive Chairman of the
Calibre Board
» President & CEO of Featherstone Capital Inc.
» 30+ years of resource project development, M&A, equity finance and
public company management;
» Founder and director of numerous public companies
Blayne Johnson Lead Director of Calibre Board
» 25 years of capital markets experience;
» Former VP of First Marathon Securities
» Chairman of Featherstone Capital Inc.
B2Gold Corp.
Vancouver based gold producer and Nicaragua’s largest gold
producer led by Clive Johnson and Tom Garagan, with two
gold mines in Nicaragua and one gold mine in the
Philippines. B2Gold has a strong portfolio of development
and exploration assets in Nicaragua, Colombia, Uruguay and
new mine development in Namibia.
IAMGOLD Corp.
Mid tier gold producer with six operating gold mines on
three continents and one of the world’s three niobium
mines. A solid base of strategic assets in Canada, South
America and Africa is complemented by development and
exploration projects, with a strong financial position and
extensive management and operational expertise.
Alder Resources
Toronto-based junior exploration company with a focus on
exploration for base and precious metals in the Americas.
SHARE STRUCTURE
Issued and Outstanding 197,910,918
Options 13,450,000
Fully Diluted 211,360,918
Fully Diluted Cash Position $3,146,500
Working Capital $1,200,000
Significant Shareholders
B2Gold Corp. 15.2%
Management 9.0%
CALIBRE TEAM CALIBREMINING.COM 4

5. » Democratic Republic with President Ortega elected
to a new 5 year term in Nov. 2011
» Gold is Nicaragua’s No. 2 export
» Gold has helped Nicaragua’s economy grow by 4%
annually in the past year, the highest rate in Central
America
» Annual gold production has more than doubled in
the past 3 years
» Supportive mining laws, and favourable tax regime
» 25 year exploration and 50 year exploitation permits
» Economist Intelligence Unit ranks Nicaragua as one
of the safest countries in Central America
NICARAGUA: STABLE & SAFE
UNDER EXPLORED MINING ENVIRONMENT
WORKING IN NICARAGUA CALIBREMINING.COM 5

6. 111111xplo
1) IAMGOLD Option
a) Riscos de Oro
Epithermal Gold-Silver Resource
NI43-101 Inferred Resource
(222,300 oz Au & 4.14M oz Ag)
b) Guapinol
Gold-Silver - Historical Drilling
c) Blag and Others
2) B2Gold Joint Venture
d) Primavera
Gold-Copper Porphyry Discovery
e) Minnesota
Porphyry Gold Discovery
61.9m @ 1.76 g/t Au in trench
3) Calibre 100% Owned
f) Cerro Aeropuerto
Gold-Silver Skarn
NI-101 Inferred Resource (6.05M t –
707,750 oz Au & 3.14M oz Ag)
g) Montes de Oro Gold Discovery
52.3m @ 7.07 g/t Au in trench
h) La Luz: Past Producer - Gold
4) Alder Resources Option
i) Santa Rita
Gold-Copper-Silver Skarn
NI43-101 Inferred Resource (7.95M t
108M lb Cu, 118,000 oz Au & 2.35M oz Ag)
j) Bambana
BOROSI GOLD, SILVER AND COPPER
CONCESSIONS – “MINING TRIANGLE”
7.9 million ozs past gold production – District Underexplored
BOROSI CONCESSION AREA CALIBREMINING.COM 6
BlagRiscos
De Oro
Primavera
La Luz
Cerro Aeropuerto
Montes
De Oro
Bambana La Luna
Minnesota
Santa Rita
Guapinol
SIUNA
BONANZA
ROSITA
MANAGUA
BOROSI
CONCESSIONS

7. EASTERN BOROSI GOLD DISTRICT – Optioned to IAMGOLD (176 km2)
EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 7
» IAMGOLD has the right to earn 51% of the Eastern Borosi
Project by spending $5 million and cash payments of
$450,000 over three years
» IAMGOLD can earn a further 19% for a total of 70% by
spending an additional $5 million and further payments of
$450,000 over a second three year period
» Low Sulphidation Epithermal Gold-Silver District
» Multiple trends in excess of 10 kilometres in length – each
with a series of sub-parallel gold-silver bearing structures

8. EASTERN BOROSI GOLD DISTRICT – Optioned to IAMGOLD (176 km2)
EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 8
» Comparable in size to
the nearby Bonanza
Camp with similar
geology,
mineralization,
and structure
» Bonanza Camp has
past production and
current reserves of
+4.0 million oz Au)

9. » Low Sulphidation Epithermal Gold-Silver Vein District
» Gold – Silver System extends over 7 km from the El Paraiso and
Murcielago targets Northeast towards Riscos de Oro
» Completed 9,427m of resource delineation drilling at Riscos in 37
holes with epithermal gold-silver intercepts including 7.69 g/t Au,
211.80 g/t Ag over 10.6m
» IAMGOLD’s $1.5M exploration drill program to be completed in
2014 started in July 2014
RISCOS DE ORO DEPOSIT - DISTRICT POTENTIAL
Optioned to IAMGOLD
NI 43-101 GOLD/SILVER RESOURCE - RISCOS DE ORO
Optioned to IAMGOLD
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 gold and $19.78/oz Ag 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.
Calibre Mining Corp. Inferred Resource (using a 0.6 g/t AuEq cutoff grade)
Tonnes and Grade Total Ounces
Zone Tonnes Grade Grade Grade Contained Contained Contained
(t)
(Au
g/t)
(Aq
g/t)
(AuEq
g/t)
Au
(ounces)
Ag
(ounces)
(ounces
AuEq)
Upper 1,539,000 2.45 64.42 3.46 121,200 3,188,000
Lower 620,000 5.07 47.87 5.82 101,000 954,000
Total 2,159,000 3.2 59.67 4.14 222,300 4,142,000 287,100
RISCOS DE ORO GOLD PROJECT CALIBREMINING.COM 9
>8km loing
Gold in Soil
Anomaly
Riscos de Oro Deposit
(800 metre section)
Cross Section
Multiple
Structures

10. » Consists of a series of anomalous zones, past producing pits,
shallow shafts and existing small scale mining areas over eight
kilometres
» Previous exploration at Guapinol has included; mapping,
geophysics, geochemistry, trenching and drilling which has
identified excellent near surface targets 3.0 km long and
averaging 500 metres wide.
Guapinol TREND OptIoned to IAMGOLD
» Grab samples from
Guapinol consist of 13.1
g/t gold, 18.8 g/t gold
while at the California
target approximately
3km along strike
GUAPINOL GOLD PROJECT CALIBREMINING.COM 10
» 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.
Guapinol – California
(well Defined Drill Targets)
» Located near Riscos de Oro and La Luna gold-silver
deposits
» grab samples in the trend have returned
high grade silver results including; 703g/t,
441g/t 1200g/t, 1387g/t, and 2457g/t Ag
samples
have
returned
3.2g/t
gold, 21.9
g/t gold
and
9.5g/t
gold

11. EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 11
3400m Diamond Drill Program – Commenced July 2014
EASTERN BOROSI GOLD DISTRICT – Optioned to IAMGOLD

12. EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 12
EASTERN BOROSI GOLD PROJECT – Phase I Drill Targets
Planned Drill Program

13. B2GOLD JOINT VENTURE CALIBREMINING.COM 13
B2GOLD JOINT VENTURE and OPTION (322.3 km2)
» Joint Venture with B2Gold: B2Gold have earned a 51% interest in 322 sq km of concessions, by spending $8M. B2Gold
and Calibre Mining have entered into an agreement granting B2Gold an option to acquire a further 19% interest by
spending an additional $6.0 million in project expenditures over 3 years.
Primavera
Minnesota
Santo
Thomas

14. C
MINNESOTA GOLD PROJECT
GOLD GEOCHEMISTRY
MINNESOTA GOLD PROJECT CALIBREMINING.COM 14
B2GOLD/CALIBRE MINING JOINT VENTURE
» located 20 km northwest of the Primavera gold-copper project
ID From (m) To (m) Interval (m) Au (g/t)
MINTR14-001 0.00 14.55 14.55* 0.87
including 1.50 10.00 8.50 1.22
MINTR14-002 0.00 15.00 15.00* 0.41
MINTR14-003 0.00 6.00 6.00 0.21
MINTR14-005 2.00 3.50 1.50 0.77
MINTR14-006 0.00 14.80 14.80* 1.85
MNTR13-001 0.00 7.50 7.50 3.93
MNTR13-002 0.00 9.20 9.20 4.17
BRTR11-044 0.00 6.40 6.40 5.56
BRTR11-047 0.00 8.00 8.00 6.35
BRTR11-053 0.00 4.65 4.65 1.51
BRTR11-054 0.00 6.00 6.00 2.12
BRTR11-057 0.00 12.80 12.80 1.27

15. » sampling and mapping has identified multiple targets consisting of
multi-phase intrusive with numerous vein sets and wide spread
alteration over 1.75kms by 1.25kms
» Recent trench result 61.9m @ 1.76 g/t Au
MINNESOTA GOLD PROJECT
MINNESOTA GOLD PROJECT CALIBREMINING.COM 15
NEW GOLD DISCOVERY Trench MNTR14 – 06,07,08 and 09
with 61m grading 1.76 g/t Gold
B2GOLD/CALIBRE MINING JOINT VENTURE

16. » sampling and mapping has identified multiple targets consisting of multi-phase intrusive with numerous vein sets
and wide spread alteration over 1.75kms by 1.25kms
MINNESOTA GOLD PROJECT
GEOLOGY AND GEOCHEMISTRY
MINNESOTA GOLD PROJECT CALIBREMINING.COM 16
» gold mineralization
exposed in intensely
sericitized granodiorite
with strong hematite
staining and variable
silicification
» on-going exploration
consisting of extension to
existing trench and 100
metre step out trenches to
test zone along strike

17. » Road accessible with national power grid located 1.2 km from the
project, 8km from town of Rosita
» Updated Airborne geophysical survey completed over a large 5km by
5km interpreted intrusive/volcanic complex. Additional ground surveys
completed
» 32 drill holes completed totaling 13,414m
» The higher grade Gold/copper porphyry mineralization has been
intersected in drill 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
PRIMAVERA GOLD/COPPER PROJECT
DRILL HOLES PR11-002, PR12-008, PR12-011
247.35m @
0.43 g/t Au,
0.21% Cu
PR-12-008
261.70m @
0.78 g/t Au,
0.30% Cu
PR-11-002
159.53m @
0.46 g/t Au,
0.20% Cu
PR-12-011
PRIMAVERA GOLD/COPPER PROJECT CALIBREMINING.COM 17
COPPER IN SOIL GEOCHEMISTRYGOLD IN SOIL GEOCHEMISTRY AIRBORNE RADIOMETRICS
OPEN TO
DEPTH
PRIMAVERA GOLD/COPPER PROJECT
B2GOLDCALIBRE JOINT VENTURE

18. PRIMAVERA DRILL RESULTS HIGHLIGHTS*
Drill Hole From To Length Gold Copper AuEq**
(m) (m) (m) (g/t) (ppm) (g/t)
PR-11-001 0.00 276.80 276.80 0.50 2146 0.84
PR-11-002 1.50 263.20 261.70 0.78 2966 1.25
PR -11-003 4.00 327.20 323.20 0.41 1843 0.70
includes 4.00 150.50 146.50 0.65 2742 1.08
PR-12-005 207.50 372.50 165.00 0.31 1713 0.58
PR-12-006 12.00 102.00 90.00 0.21 1315 0.42
PR-12-007 7.70 255.00 247.30 0.22 1097 0.39
PR-12-008 107.65 280.00 172.35 0.48 2401 0.86
PR-12-010 79.00 94.40 15.40 0.59 4325 1.27
PR-12-011 6.95 166.48 159.53 0.46 2008 0.78
PR-12-013 24.00 46.50 22.50 0.44 2090 0.77
PR-12-016 0.00 201.35 201.35 0.77 3567 1.34
includes 27.75 85.60 57.85 1.08 4915 1.86
PR-12-023 0.00 455.80 455.80 0.20 1138 0.39
PR-12-024 655.60 656.70 1.10 18.28 252 18.33
and 673.00 674.50 1.50 11.95 2373 12.33
PRIMAVERA GOLD/COPPER PROJECT RESULTS
*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
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
PRIMAVERA GOLD/COPPER PROJECT CALIBREMINING.COM 18
PICTURED DRILL INTERCEPT ASSAYED
» 5.52m @ 0.59g/t Au and 0.29% Cu (Section 196.93m-202.45m of Hole PR12-008)
Trench ID Interval (m) Gold (g/t) Copper (ppm)
PRTR11-005 51.3 1.53 680
PRTR11-010 107.0 0.78 980
PRTR11-011 179.4 0.63 997
PRTR11-014 51.7 0.42 1286
» Over 800m by 300m gold/copper soil geochemistry anomaly
(open) with Additional gold/copper soil geochem anomalies have
been outlined in the 25km2 Primavera porphyry target area.
» Trenches returned long intervals of continuous gold/copper
mineralization

19. SIUNA PROJECT 100% CALIBRE CALIBREMINING.COM 19
SIUNA DISTRICT – 100% Calibre (253km2)
» Calibre’s 100% owned Siuna District is located in the western portion of the Borosi Concessions. The 253 km2 land package includes the past producing La
Luz Mine (2.5M oz Au) and adjacent Cerro Potosi, the Cerro Aeropuerto Inferred Resource (750k oz Au), and the Montes de Oro high grade gold target.
La Luz
Cerro Aeropuerto
Montes
De Oro
SIUNA
Cerro
La Virgen

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)
SIUNA DISTRICT (100% CALIBRE OWNED)
SIUNA DISTRICT 100% OWNED CALIBREMINING.COM 20
Historic La Luz Mine
Open Pit
Cerro
Aeropuerto
500m
La Luz Mine
Open Pit
And Underground
Cerro
Potosi
CERRO
AEROPUERTO
35.0m @
0.85 g/t Au
HSM - 10
6.0m @
6.36 g/t Au
HSM - 13
HSM - 14
HSM - 09
3.0m @
2.25 g/t Au30.2m @
2.83 g/t Au
9.0m @
0.51 g/t Au
26.0m @
0.30 g/t Au
4.5m @
0.37 g/t Au
CERRO
POTOSI
CA-07-01 CA-08-08CA-08-04
3.0m @
19.72 g/t Au
24.0m @
5.75 g/t Au
91.5m @
2.75 g/t Au22.0m @
1.05 g/t Au
11.2m @
0.83 g/t Au
3.1m @
1.81 g/t Au
58.1m @
0.44 g/t Au
HSM - 15

21. » 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
» 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 4km north of La Virgen has outlined
a 400 m x 650 m gold-copper-lead-zinc anomaly.
» Additional ground exploration work on going
SIUNA DISTRICT
100% CALIBRE OWNED
HIGHLIGHT TRENCH RESULTS 2013 - MONTES DE ORO
TRENCH/PIT RESULTS 2013 - La VIRGEN
Trench ID Interval (m) Gold (g/t) Copper (%)
MTR13-009 52.3 7.07 0.06
including 26.9 12.54 0.10
MTR13-017 27.5 4.93 0.05
MTR13-026 33.5 2.10 0.04
Trench ID Interval (m) Gold (g/t) Copper (%)
VTR 12-001 45.0 0.40 0.12
including 9.0 1.39 0.19
VTR 12-021 10.2 0.70 0.11
PIT 11 2.0 27.18
SIUNA DISTRICT 100% OWNED CALIBREMINING.COM 21

22. » New gold-copper-silver-zinc mineralization discovery at the
Montes de Oro target, north of the Cerro Aeropuerto gold-silver deposit.
» High grade mineralization in trench MTR13-009 with 52.3 m grading 7.1g/t gold
» 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.
» Recent exploration has significantly extended zone
more than 250 metres to the north
Trench Results
Trench From To length Au Cu Zn
ID (m) (m) (m) (g/t) (%) (%)
MTR13-009 0.0 52.3 52.3 7.07 0.06 1.23
incl 10.7 52.3 41.6 8.46 0.07 1.47
incl 10.7 36.9 26.2 12.54 0.1 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
MTR13-018 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 2.10 0.04 0.05
MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 22
Montes de Oro (SIUNA DISTRICT – 100% Calibre)
Gold – Silver – Copper - Zinc

23. MONTES DE ORO (100% Calibre) - SOIL GEOCHEM MAP / TRENCH HIGHLIGHTS
MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 23

24. ROSITA OPTION
FORMER SANTA RITA
COPPER-GOLD MINE
(33.56 km2)
Optioned to Alder
Resources
» Under option agreement
Alder Resources to spend
C$4.0 million over the next
four years to earn a 65%
stake in Calibre’s Rosita D
Concession
» Rosita D concession: 3,356
hectares - 5% of Calibre’s
concessions in the Mining
Triangle
ROSITA PROJECT CALIBREMINING.COM 24
Bambana
Santa
Rita

25. ROSITA OPTION - FORMER SANTA RITA COPPER-GOLD MINE
Optioned to Alder Resources
» Historic open pit Santa Rita copper-gold mine: total historic 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)
» Phase One exploration completed, including 8,000 metres of 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)
ROSITA PROJECT CALIBREMINING.COM 25
SANTA RITA
R13
» On May 9, 2012 Alder
Resources Announced a NI
43-101 Inferred Resource
estimate at Santa Rita 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
» High grade
copper/gold/silver zone
identified at Bambana with
5.21% Cu, 4.40 g/t Au and
144g/t Ag over 12.1 metres
with additional work
planned

26. 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)
1. *For Cerro Aeropuerto & La Luna Gold Equivalent (Au Eq) calculated using gold price of US$1,058/oz and silver
price 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%
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.
4. * Subject to Option Agreement with IAMGOLD
NI 43-101 COPPER/GOLD/SILVER RESOURCES AT ROSITA
OPTIONED TO ALDER RESOURCES
Calibre Mining Corp. and Alder Resources Inferred Resource (using a 0.15% Copper cutoff grade)
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.
CALIBRE MINING NI43-101 INFERRED RESOURCES CALIBREMINING.COM 26
Tonnes and Grade Total Ounces
Deposit Tonnes Gold Silver Au Eq1 Gold Silver Au Eq1
(g/t) (g/t) (g/t) (oz) (oz) (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
Riscos de Oro * 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
Tonnes and Grade Total Resources
Deposit Tonnes Gold Silver Cu Gold Silver Cu
(g/t) (g/t) (%) (oz) (oz) (lbs)
Rosita Stock
Piles 7,950,000 0.46 9.2 0.62 118,000 2.35M 108M

27. Summary
» Nicaragua provides a favourable, stable, environment for
mining.
» Calibre’s 100% owned gold-silver deposits host inferred
resources of 1,057,750 oz Au and 8,430,070 oz Ag (1,190,000 oz
AuEq)
» New gold-skarn discovery at Calibre’s 100% owned Montes de
Oro gold project (52.3 m grading 7.1g/t Au MTR13-009)
» Calibre Mining has established partnerships with two mid-tier
gold producers: IAMGOLD and B2Gold and an option with
Alder Resources. Calibre, B2Gold, IAMGOLD, and Alder
Resources control over 785 km2 of underexplored mineral
concessions in a region that has already produced more than
7.9M oz’s of gold.
» Calibre’s partners to spend up to $12M on exploration over
the next 3 years
EXPLORATION TIME LINE & NEWS FLOW
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
Q2/14 Q3/14 Q4/14 Q1/15
Exploration
for Porphyry
Gold/Copper
Systems
Advance
Montes de Oro
Target
Delineation
Drilling at
Minnesota
Data Review
RESULTS
Calibre / B2Gold Joint Venture
100% Owned Calibre concessions
100% Owned Calibre
Calibre / B2Gold Joint Venture
IAMGOLD Option Project
Calibre / B2Gold Joint Venture
100% Owned Calibre concessions
Calibre / B2Gold Joint Venture
100% Owned Calibre concessions
Calibre / B2Gold Joint Venture
IAMGOLD Option Project
Eastern Borosi
Drill Targets IAMGOLD Option Project
Partnered
for
Discovery

28. EXPLORATION TIME LINE & NEWS Flow
Calibre Mining Corp.
1620 – 1066 West
Hastings St.
Vancouver, BC V6E 3X1
TSX.V: CXB
calibremining.com