Calibre Receives Environmental Permit for Development and Operation of Pavon Norte Open-Pit Mine
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Calibre Mining has been granted the key environmental permit for the development and production of Pavon Norte from the Ministry of the Environment and Natural Resources in Nicaragua.
“The approval of Pavon Norte marks a significant milestone in the company’s efforts to increase production and extend the life of the Libertad mill by processing ores mined from satellite deposits, in line with the company’s ‘Hub-and-Spoke’ operating philosophy. We will continue to work closely with the government, local communities and other stakeholders to ensure safe and responsible development and mining at Pavon Norte,” said Russell Ball, chief executive officer of Calibre.
Since the beginning of 2020, Calibre has continued to progress development at Pavon Norte, working closely with SLR Consulting (Canada), WSP Canada, and the Centre for an Understanding with Nature in Nicaragua, to ensure quality engineering designs with minimal impacts to the environment. Calibre has advanced engineering studies, mine plans, road construction designs, and socio-environmental initiatives focusing on water conservation and sustainable forestry and ranching. With road construction to the project currently underway, Calibre is well-positioned to commence open-pit ore production from Pavon Norte in the first quarter of 2021.
Calibre has also received the required permits to commence drilling on the Natividad mineral concession, the 1,300-hectare land parcel on which the Pavon Norte Gold Project is located. During the third quarter of 2020, a resource infill, geotechnical and waste dump condemnation drilling program will commence in support of the pre-feasibility study, which is scheduled to be completed during the fourth quarter of 2020.
About Calibre Mining
Calibre Mining is a Canadian-listed gold mining and exploration company with two 100 percent owned operating gold mines in Nicaragua. The company is focused on sustainable operating performance and a disciplined approach to growth. Since the acquisition of the Limon, Libertad gold mines and Pavon Gold Project, Calibre has proceeded to integrate its operations into a “Hub-and-Spoke” operating philosophy, whereby the Company can take advantage of reliable infrastructure, favorable transportation costs, and multiple high-grade ore sources that can be processed at either Limon or Libertad, which have a combined 2.7 million tonnes of annual mill throughput capacity.
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