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Advanced Gold-Copper-Silver Exploration
Borosi Concessions, Mining Triangle, Nicaragua
TSX.V: CXB September 2015
Partnered for Discovery
Certain statements in this document constitute ā€œforward
looking statementsā€ 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
Companyā€™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
INVESTMENT HIGHLIGHTS
CALIBRE INVESTMENT HIGHLIGHTS CALIBREMINING.COM 3
ļƒ˜ IAMGOLD PARTNERSHIP:
ā€¢ spending $5M over 3 years / 2015; +5,500 metre Phase II drill program
ā€¢ NEW DISCOVERIES; 4.8m grading 25.7 g/t Au and 6.0m grading 14.4 g/t Au
ļƒ˜ CENTERRA GOLD PARTNERSHIP:
ā€¢ 1200 hectare past producer with existing Gold Resource
ā€¢ CENTERRA drilling program Q4 2015 on La Luz Project
ļƒ˜ B2GOLD PARTNERSHIP:
ā€¢ B2GOLD Spending an additional $6m over 3 years to earn 70%
ļƒ˜ ROSITA MINING PARTNERSHIP:
ā€¢ Q3/Q4 2015 Drilling program / earning into 65%
ļƒ˜ 100% CALIBRE :
ā€¢ Calibre maintains 100% Ownership in >50,000 hectares
ā€¢ Montes de Oro Target in the Siuna District ā€“ Drilling Q2 2015,
ā€¢ NEW DISCOVERY; ddh MD15-007 with 37.7m grading 1.2 g/t Au
ā€¢ Recent $2M Strategic Investment by Pierre Lassonde
ā€¢ CALIBRE HAS MULTIPLE CHANCES FOR SUCCESS ON THE BOROSI CONCESSIONS
Partnered
for
Discovery
100%
Ownership
in > 500 km2
EXPERIENCED TEAM
PARTNERS
CALIBRE MANAGEMENT / BOARD
Greg Smith, P.Geo President & CEO, Director
Ā» 25+ years exploration experience with both junior & senior operations;
Ā» Involved in successfully outlining 10+ million ounces of gold discoveries.
Edward Farrauto, CGA Director
Ā» 20+ years experience as CFO and director of public companies;
Ā» Founder and director of several public companies
George Salamis, Director
Ā» 20+ years exploration, development and operations experience;
Ā» President & CEO of Edgewater Exploration Ltd.
Julie Lassonde, Director
Ā» 17 years experience in financial, advisory, and engineering roles.
Hon. John Reynolds, P.C. Director
Ā» 35+ years experience in politics, former Member of Parliament, and a
member of the Queenā€™s Privy Council for Canada;
Ā» Strategic Senior Advisor at McMillan LLP.
Ryan King, Vice President
Ā» 10 years of resource sector, equity financing and public company
experience
Kristian Dagsaan, CA Chief Financial Officer
Ā» eight years experience with public accounting, auditing, and regulatory
compliance
B2Gold Corp.
Nicaraguaā€™s largest gold producer led by Clive Johnson and Tom Garagan, with
two gold mines in Nicaragua and one in the Philippines and one in Namibia as well
as a strong portfolio of development and exploration assets
IAMGOLD Corp.
Mid tier gold producer with six operating gold mines on three continents.
Centerra Gold
Centerra is a North-American based gold mining company focused on operating,
developing, exploring and acquiring gold properties primarily in Asia, North
America and other markets worldwide. Centerra is the largest Western-based
gold producer in Central Asia.
Rosita Mining Corp
Toronto-based junior exploration company with a focus on exploration for base
and precious metals in Nicaragua.
SHARE STRUCTURE
Issued and Outstanding 222,910,918
Options 21,200,000
Warrants 12,500,000
Fully Diluted 256,610,918
Fully Diluted Cash Position $7,000,000
Working Capital $1,200,000
Significant Shareholders
B2Gold Corp. 13.50%
Pierre Lassonde 11.20%
Management 9.00%
CALIBRE TEAM CALIBREMINING.COM 4
FEATHERSTONE CAPITAL
Douglas B. Forster, M.Sc., P.Geo Calibre Board Executive Chairman
Ā» President & CEO of Featherstone Capital Inc.
Ā» 30+ years of resource project development, M&A, equity finance and
public company management;
Ā» Founder and director of numerous public companies
Blayne Johnson Lead Director of Calibre Board
Ā» 25 years of capital markets experience;
Ā» Former VP of First Marathon Securities
Ā» Chairman of Featherstone Capital Inc.
SENIOR ADVISOR
Raymond Threlkeld
Ā» 30+ years of experience in the mineral resource industry
Ā» Previously held position of President and CEO of Rainy River Resources ltd
and Western Goldfields before begin acquired
Ā» Former VP, Development of Barrick Gold Corp., responsible for placing >30
million gold ounces into production in Africa, South America and Australia
Ā» Democratic Republic with President Ortega
elected to a 2nd 5 year term in Nov. 2011
Ā» Gold was Nicaraguaā€™s No. 1 export in 2013
Ā» Gold has helped Nicaraguaā€™s economy grow by
4% annually in recent years, the highest rate in
Central America
Ā» Annual gold production has more than
doubled in the past 4 years
Ā» Supportive mining laws, and favourable tax
regime
Ā» 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
7.9 million ozs past gold production ā€“ District Underexplored
BOROSI CONCESSION AREA CALIBREMINING.COM 6
1) IAMGOLD Option
a. Riscos de Oro; Gold ā€“ Silver
resource
b. Guapinol; 2014 High grade
Gold Discovery
c. Blag and others
2) Calibre 100% Owned
a. Montes De Oro; High
Grade Gold Discovery
b. >24,00ha
3) Centerra Option
a. Cerro Aeropuerto; existing
750K AuEq oz Resource
b. La Luz; Past Gold Producer
(2.2M oz)
4) B2Gold Joint Venture
a. Minnesota; 2014 Gold
Discovery
b. Primavera; Gold/Copper
Porphyry Discovery
5) Rosita Mining Option
a. Santa Rita; Copper - Gold ā€“
Silver resource
b. Bambana; high grade target
BOROSI GOLD, SILVER AND COPPER CONCESSIONS (785 KM2)
ā€œMINING TRIANGLE DISTRICTā€
EASTERN BOROSI GOLD DISTRICT ā€“ Optioned to IAMGOLD (176 km2)
EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 7
Ā» 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
Ā» 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
Ā» Low Sulphidation Epithermal Gold-Silver District
Ā» Multiple trends totaling more than 18 kilometres in length
ā€“ each with a series of sub-parallel gold-silver structures
2012 ā€“ New Gold Resource at Riscos de Oro
2014 ā€“ High Grade Gold Discovery at Guapinol
2015 ā€“ Phase II Drill Program Successful
EASTERN BOROSI GOLD DISTRICT ā€“ Optioned to IAMGOLD
EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 8
>11,400 metres of Drilling Completed in 2014 / 2015
Multiple High Grade
Discoveries
2014/2015 Drilling Program
successful in discovering
several high grade zones
including; Guapinol,
Vancouver, Blag Main, East
Dome, and Cadillac
Hole_ID Zone From m To m Length (m) Au g/t Ag g/t
GP15-034 Guapinol 332.23 333.62 1.39 98.72 49.1
GP14-003 Guapinol 69.75 74.56 4.81 25.66 35.2
GP14-010 Vancouver 91.60 104.50 12.90 8.73 11.5
GP14-010 including Vancouver 98.40 102.10 3.70 27.45 33.1
GP14-010 and Vancouver 100.28 102.10 1.82 45.79 32.4
BL15-011 Blag Main 21.86 32.60 10.74 3.08 381.3
BL15-011 including Blag Main 26.00 31.50 5.50 5.18 553.7
BL15-011 including Blag Main 26.00 27.80 1.80 11.19 1321.0
GP14-002 Guapinol 112.53 118.56 6.03 14.39 14.5
GP14-002 including Guapinol 116.00 117.80 1.80 29.79 33.2
BL15-017 East Dome 120.50 139.66 19.16 1.11 223.4
BL15-017 including East Dome 126.27 138.04 11.77 1.80 346.3
BL15-009 Blag Main 135.33 145.25 9.92 5.36 194.6
BL15-009 including Blag Main 137.87 140.86 2.99 11.50 309.7
BL15-010 Blag Main 64.38 77.20 12.82 2.52 246.4
BL15-010 including Blag Main 73.15 75.20 2.05 5.18 1026.0
GP14-030 Guapinol 158.92 163.07 4.15 17.70 16.5
BL15-018 East Dome 91.44 100.88 9.44 0.69 488.6
BL15-018 including East Dome 98.00 100.88 2.88 2.13 1432.0
GP14-028 Guapinol 191.53 196.60 5.07 13.44 14.5
GP14-028 including Guapinol 192.02 193.80 1.78 34.13 33.7
BL14-005 Blag Main 77.45 89.92 12.47 2.18 133.8
BL14-005 including Blag Main 80.50 86.87 6.37 4.11 235.9
GP15-037 Vancouver 102.40 109.48 7.08 6.26 41.4
GP15-037 including Vancouver 103.63 106.00 2.37 17.93 118.6
GP14-001 Guapinol 76.97 77.97 1.00 39.90 132.0
LS15-008 LS - Cadillac 65.60 69.70 4.10 8.93 57.4
BL15-006 Blag Main 149.83 155.68 5.85 5.97 56.1
BL15-006 including Blag Main 151.25 154.67 3.42 9.70 91.2
GP15-037 including Vancouver 104.50 105.10 0.60 59.80 224.0
BL15-023 Santos Trend 60.96 67.40 6.44 5.74 4.8
BL15-023 including Santos Trend 60.96 65.64 4.68 7.84 6.0
EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 9
EASTERN BOROSI GOLD PROJECT ā€“ 2014/2015 Drilling Guapinol & Vancouver Highlights
GP15-034; 1.39m @ 98.72 g/t Au and 49.1 g/t Ag (332.23 ā€“ 333.62m)
GP14-003; 4.81m @ 25.66 g/t Au and 35.2 g/t Ag (69.75 ā€“ 74.56m)
GP14-002; 6.03m @ 14.39 g/t Au and 14.5 g/t Ag (112.53 ā€“ 118.56m)
GP15-017; 19.16m @ 1.11 g/t Au and 223.4 g/t Ag (120.5 ā€“ 139.7m)
GP15-018; 9.44m @ 0.69 g/t Au and 488.60 g/t Ag (91.44 ā€“ 100.88m)
2014/15
Guapinol
Highlights;
Vancouver
Highlights;
2014 ā€“ High Grade Gold Discovery at Guapinol
2015 ā€“ Phase II Drill Program Successful
Follow-up and In-Fill
EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 10
BL15-009; 9.92m @ 5.36 g/t Au and 194.6 g/t Ag (135.33 ā€“ 145.25m)
BL15-010; 12.82m @ 2.52 g/t Au and 246.4 g/t Ag (64.38 ā€“ 77.20m)
BL15-011; 10.74m @ 3.08 g/t Au and 381.3 g/t Ag (21.86 ā€“ 32.60m)
BL15-017; 19.16m @ 1.11 g/t Au and 223.4 g/t Ag (120.5 ā€“ 139.7m)
BL15-018; 9.44m @ 0.69 g/t Au and 488.60 g/t Ag (91.44 ā€“ 100.88m)
2015 ā€“ High Grade Gold Discovery
at Blag Gold-Silver Vein System
2015
Blag Main
Highlights;
2015
East Dome
Highlights;
EASTERN BOROSI GOLD PROJECT ā€“ 2014/2015 Drilling Blag Main & East Dome Highlights
LA LUZ PROJECT OPTIONED TO CENTERRA CALIBREMINING.COM 11
SIUNA DISTRICT ā€“ LA LUZ PROJECT
Optioned to Centerra Gold (12.0 km2)
Ā» Past Producing La Luz Mine / 43-101 Resource at Cerro Aeropuerto
OPTION AGREEMENT SIGNED SEPTEMBER 2015
Ā» Centerra Gold has the right to earn 51% of the Eastern
Borosi Project by spending $35 million by Dec. 31, 2017
with a commitment to begin a 2015 Drill Program
Ā» Centerra Gold can earn a further 19% for a total of
70% by spending an additional $4 million prior to
December 31, 2019
/
La Luz Project ā€“ Optioned to Centerra Gold
LA LUZ PROJECT OPTIONED TO CENTERRA CALIBREMINING.COM 12
Ā» Exploration by Calibre has defined a series of Targets in the same
style as the 2.2Moz La Luz Mine
Ā» 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
Historic La Luz Mine
Open Pit
Cerro
Aeropuerto
500m
La Luz Mine
Open Pit
And Underground
Cerro
Potosi
30.2m @
2.83 g/t Au
91.5m @
2.75 g/t Au
Ā» 2015 Diamond Drilling
Program Approved
Cerro
Aeropuerto
Cerro
Potosi
/
LA LUZ PROJECT OPTIONED TO CENTERRA CALIBREMINING.COM 13
Ā» Previous exploration by Calibre and others has defined a series of Targets within the La Luz
Project
Ā» Targets include; geological. geochemical, and
geophysical anomalies
Ā» High priority targets include;
a. Along strike from C. Aeropuerto
b. Eastern anomalies
c. Santa Rita ā€“ Tiburon Trend
La Luz Project ā€“ Optioned to Centerra Gold
Ā» Cerro Potosi; footwall
mineralization to historic La Luz
Deposit
Ā» Cerro Aeropuerto; existing
Inferred Resource / open along
strike and to depth
Ā» Santa Rita ā€“ Tiburon Trend;
defined by anomalous gold in
rock sample and historic work
SIUNA PROJECT 100% CALIBRE CALIBREMINING.COM 14
100% Calibre (504km2)
Ā» Calibre maintains 100% ownership on 50,385
hectares (504km2)
a. Siuna District = 241 km2
b. Hemco II = 114 km2
a. El Paste = 150 km2
Ā» Siuna District includes New Discovery at
Montes de Oro / 2015 Phase I Drilling Program
La VIRGEN
1km x 3km
Au/Cu Anomaly
MONTES DE ORO;
1.4km x 500m
Au/Ag/As/Cu/Zn
Anomaly
Ā» New gold-copper-silver-zinc discovery at the Montes de Oro
target, north of the Cerro Aeropuerto gold-silver deposit.
Ā» 1.4 km x 500 m gold-copper-lead-zinc anomaly open along the
northeast.
Ā» Recent exploration has significantly extended zone
more than 250 metres to the north
MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 15
Montes de Oro (SIUNA DISTRICT ā€“ 100% Calibre)
Gold ā€“ Silver ā€“ Copper - Zinc
2013 NEW GOLD DISCOVERY
Trench MNTR13ā€“009
with 52m grading 7.1 g/t Gold
Ā» On-going exploration
Ā» First Phase diamond drilling to start in Q2
2015.
Ā» Additional work to be completed advancing
Other Targets
Trench From To length Au
ID (m) (m) (m) (g/t)
MTR13-009 0.0 52.3 52.3 7.07
incl 10.7 52.3 41.6 8.46
incl 10.7 36.9 26.2 12.54
MTR13-017 0.0 27.5 27.5 4.93
incl 14.0 23.0 9.0 10.15
MTR13-018 20.0 29.0 9.0 3.11
MTR13-019 4.8 21.0 16.2 4.68
MTR13-020 29.5 38.0 8.5 1.66
MTR13-022 0.0 6.0 6.0 4.73
MTR13-026 0.0 33.5 33.5 2.10
MONTES DE ORO (100% Calibre) ā€“ CURRENT EXPLORATION
MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 16
Ā» Montes de Oro; Phase I Drilling underway 2015
Ā» Results released for first four holes include 37.7m @ 1.2 g/t Gold
Ā» Gold associated with multi-phase intrusions and disseminated to semi-massive
to massive sulphide zones
SIUNA DISTRICT (100% Calibre) ā€“ CURRENT EXPLORATION
SIUNA PROJECT 100% CALIBRE CALIBREMINING.COM 17
Ā» Montes de Oro; additional trenching underway / Drilling Q2-Q3 2015
Ā» Additional Exploration continues On-going on ā€œLook Alikeā€ Targets
B2GOLD JOINT VENTURE CALIBREMINING.COM 18
B2GOLD JOINT VENTURE and OPTION (322.3 km2)
Ā» 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
GOLD IN SOIL GEOCHEMISTRY COPPER IN SOIL GEOCHEMISTRY
GOLD IN SOIL GEOCHEMISTRY
Minnesota
Primavera
Ā» Road accessible with national power grid located 1.2
km from the project, 8km from town of Rosita
Ā» Airborne geophysical survey completed over a large
5km by 5km interpreted intrusive/volcanic complex.
Additional ground surveys completed
Ā» 32 drill holes completed totaling 13,414m
Ā» 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
B2GOLD JOINT VENTURE CALIBREMINING.COM 19
PRIMAVERA AIRBORNE RADIOMETRICS
PRIMAVERA GOLD/COPPER PROJECT
B2GOLDCALIBRE JOINT VENTURE
Ā» mineralization comprised of quartz-magnetite-
chalcopyrite-bornite veins and vein stockwork within
broad zones of potassically and propylitically-altered
intermediate volcanic and intrusive rocks
Seven Reconnaissance drill holes completed in 2014
Highlight drill results include;
MN14-001 31.35m grading 0.63g/t gold and 4.7 g/t Silver
MN14-002 20.05m grading 0.40g/t gold and 5.7 g/t Silver
MN14-004 47.00m grading 0.63g/t gold and 4.5g/t silver
Including 25.6-30.1m (4.5m grading 3.43 g/t Au and 11.0g/t Ag)
MN14-007 14.65m grading 0.44g/t gold and 6.2 g/t Silver
MINNESOTA GOLD PROJECT
B2GOLD/CALIBRE MINING JOINT VENTURE
Highlight Trench
109.6m grading 1.58 g/t Gold
MINNESOTA
TRENCHING
PRIMAVERA GOLD/COPPER PROJECT RESULTS
*Complete drill results available on Calibre Miningā€™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 20
>800m by 300m gold/copper soil geochemistry anomaly
(open) with Additional gold/copper soil geochem anomalies
outlined in the 25km2 Primavera porphyry target area.
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
OPEN TO
DEPTH
DRILL HOLES PR11-002, PR12-008, PR12-011
2011 NEW GOLD/COPPER DISCOVERY
Drill Hole PR11ā€“001
277m grading 0.5 g/t Gold & 0.21 % Cu
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-12-008 107.65 280.00 172.35 0.48 2401 0.86
PR-12-011 6.95 166.48 159.53 0.46 2008 0.78
PR-12-016 0.00 201.35 201.35 0.77 3567 1.34
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 DRILL RESULTS HIGHLIGHTS*
ROSITA OPTION FORMER SANTA RITA
COPPER-GOLD MINE (33.56 km2)
Optioned to Rosita Mining Corporation
Ā» Optioned to Rosita Mining - spending C$4.0 million over
four years (C$3.5 to date) to earn a 65% stake
Ā» Rosita D concession: 33.6 km2 - 5% of Calibreā€™s
concessions in the Mining Triangle
ROSITA PROJECT CALIBREMINING.COM 21
Bambana
Santa Rita
SANTA
RITA
R13
Ā» Historic Santa Rita open pit Cu/Au mine: past production
305 M lbs Cu, 177k ozs Au, and 2.6M ozs Ag from 5.9Mt
Ā» 2012 NI 43-101 Inferred Resource at Santa Rita of;
7.95 Mt @ 0.62% Cu, 0.46 g/t Au, and 9.2g/t Ag. with
108 M lbs copper, 118 K oz gold and 2.35 M oz of silver
Ā» 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
Ā» 2012 ā€“ New Copper/Gold/Silver
Resource at Santa Rita
Ā» Q3/Q4 2015 Drilling Program
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
5. * * Subject to Option Agreement with CENTERRA GOLD
NI 43-101 COPPER/GOLD/SILVER RESOURCES AT ROSITA
OPTIONED TO ROSITA MINING CORP.
Calibre Mining Corp. and Rosita Mining 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 22
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
Summary
Ā» Nicaragua provides a favourable, stable, environment
for mining.
Ā» Calibre has Multiple Chances for Success with
partnerships with Two Mid-Tier Producers as well as
100% owned Ground
Ā» New gold-skarn discovery at Calibreā€™s 100% owned
Montes de Oro gold project (52.3 m grading 7.1g/t Au
MTR13-009); Phase I Drilling start Q2 2015
Ā» IAMGOLD, Centerra Gold, and B2Gold both with
Active Exploration Program
a. IAMGOLD ā€“ Drilling on Eastern Borosi Project
b. Centerra Gold ā€“ Drilling on La Luz Project
c. B2Gold ā€“ Additional work at Minnesota, Primavera
and Santo Thomas.
Ā» Calibreā€™s partners to spend up to $12M on exploration
over 3 years
INFORMATION
Ryan King
calibre@calibremining.com
(604) 628 1012
Calibre Mining Corp.
1820-999 West Hastings.
Vancouver, BC V6C2W2
TSX.V: CXB
calibremining.com
Partnered
for
Discovery
>500km 2 of
100% owned
Projects
EXPLORATION TIME LINE & NEWS Flow
Calibre Mining Corp.
1820-999 West Hastings St.
Vancouver, BC V6C 2W2
TSX.V: CXB
calibremining.com

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Corporate Presentation - September 2015

  • 1. Advanced Gold-Copper-Silver Exploration Borosi Concessions, Mining Triangle, Nicaragua TSX.V: CXB September 2015 Partnered for Discovery
  • 2. Certain statements in this document constitute ā€œforward looking statementsā€ 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 Companyā€™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 ļƒ˜ IAMGOLD PARTNERSHIP: ā€¢ spending $5M over 3 years / 2015; +5,500 metre Phase II drill program ā€¢ NEW DISCOVERIES; 4.8m grading 25.7 g/t Au and 6.0m grading 14.4 g/t Au ļƒ˜ CENTERRA GOLD PARTNERSHIP: ā€¢ 1200 hectare past producer with existing Gold Resource ā€¢ CENTERRA drilling program Q4 2015 on La Luz Project ļƒ˜ B2GOLD PARTNERSHIP: ā€¢ B2GOLD Spending an additional $6m over 3 years to earn 70% ļƒ˜ ROSITA MINING PARTNERSHIP: ā€¢ Q3/Q4 2015 Drilling program / earning into 65% ļƒ˜ 100% CALIBRE : ā€¢ Calibre maintains 100% Ownership in >50,000 hectares ā€¢ Montes de Oro Target in the Siuna District ā€“ Drilling Q2 2015, ā€¢ NEW DISCOVERY; ddh MD15-007 with 37.7m grading 1.2 g/t Au ā€¢ Recent $2M Strategic Investment by Pierre Lassonde ā€¢ CALIBRE HAS MULTIPLE CHANCES FOR SUCCESS ON THE BOROSI CONCESSIONS Partnered for Discovery 100% Ownership in > 500 km2
  • 4. EXPERIENCED TEAM PARTNERS CALIBRE MANAGEMENT / BOARD Greg Smith, P.Geo President & CEO, Director Ā» 25+ years exploration experience with both junior & senior operations; Ā» Involved in successfully outlining 10+ million ounces of gold discoveries. Edward Farrauto, CGA Director Ā» 20+ years experience as CFO and director of public companies; Ā» Founder and director of several public companies George Salamis, Director Ā» 20+ years exploration, development and operations experience; Ā» President & CEO of Edgewater Exploration Ltd. Julie Lassonde, Director Ā» 17 years experience in financial, advisory, and engineering roles. Hon. John Reynolds, P.C. Director Ā» 35+ years experience in politics, former Member of Parliament, and a member of the Queenā€™s Privy Council for Canada; Ā» Strategic Senior Advisor at McMillan LLP. Ryan King, Vice President Ā» 10 years of resource sector, equity financing and public company experience Kristian Dagsaan, CA Chief Financial Officer Ā» eight years experience with public accounting, auditing, and regulatory compliance B2Gold Corp. Nicaraguaā€™s largest gold producer led by Clive Johnson and Tom Garagan, with two gold mines in Nicaragua and one in the Philippines and one in Namibia as well as a strong portfolio of development and exploration assets IAMGOLD Corp. Mid tier gold producer with six operating gold mines on three continents. Centerra Gold Centerra is a North-American based gold mining company focused on operating, developing, exploring and acquiring gold properties primarily in Asia, North America and other markets worldwide. Centerra is the largest Western-based gold producer in Central Asia. Rosita Mining Corp Toronto-based junior exploration company with a focus on exploration for base and precious metals in Nicaragua. SHARE STRUCTURE Issued and Outstanding 222,910,918 Options 21,200,000 Warrants 12,500,000 Fully Diluted 256,610,918 Fully Diluted Cash Position $7,000,000 Working Capital $1,200,000 Significant Shareholders B2Gold Corp. 13.50% Pierre Lassonde 11.20% Management 9.00% CALIBRE TEAM CALIBREMINING.COM 4 FEATHERSTONE CAPITAL Douglas B. Forster, M.Sc., P.Geo Calibre Board Executive Chairman Ā» President & CEO of Featherstone Capital Inc. Ā» 30+ years of resource project development, M&A, equity finance and public company management; Ā» Founder and director of numerous public companies Blayne Johnson Lead Director of Calibre Board Ā» 25 years of capital markets experience; Ā» Former VP of First Marathon Securities Ā» Chairman of Featherstone Capital Inc. SENIOR ADVISOR Raymond Threlkeld Ā» 30+ years of experience in the mineral resource industry Ā» Previously held position of President and CEO of Rainy River Resources ltd and Western Goldfields before begin acquired Ā» Former VP, Development of Barrick Gold Corp., responsible for placing >30 million gold ounces into production in Africa, South America and Australia
  • 5. Ā» Democratic Republic with President Ortega elected to a 2nd 5 year term in Nov. 2011 Ā» Gold was Nicaraguaā€™s No. 1 export in 2013 Ā» Gold has helped Nicaraguaā€™s economy grow by 4% annually in recent years, the highest rate in Central America Ā» Annual gold production has more than doubled in the past 4 years Ā» Supportive mining laws, and favourable tax regime Ā» 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. 7.9 million ozs past gold production ā€“ District Underexplored BOROSI CONCESSION AREA CALIBREMINING.COM 6 1) IAMGOLD Option a. Riscos de Oro; Gold ā€“ Silver resource b. Guapinol; 2014 High grade Gold Discovery c. Blag and others 2) Calibre 100% Owned a. Montes De Oro; High Grade Gold Discovery b. >24,00ha 3) Centerra Option a. Cerro Aeropuerto; existing 750K AuEq oz Resource b. La Luz; Past Gold Producer (2.2M oz) 4) B2Gold Joint Venture a. Minnesota; 2014 Gold Discovery b. Primavera; Gold/Copper Porphyry Discovery 5) Rosita Mining Option a. Santa Rita; Copper - Gold ā€“ Silver resource b. Bambana; high grade target BOROSI GOLD, SILVER AND COPPER CONCESSIONS (785 KM2) ā€œMINING TRIANGLE DISTRICTā€
  • 7. EASTERN BOROSI GOLD DISTRICT ā€“ Optioned to IAMGOLD (176 km2) EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 7 Ā» 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 Ā» 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 Ā» Low Sulphidation Epithermal Gold-Silver District Ā» Multiple trends totaling more than 18 kilometres in length ā€“ each with a series of sub-parallel gold-silver structures 2012 ā€“ New Gold Resource at Riscos de Oro 2014 ā€“ High Grade Gold Discovery at Guapinol 2015 ā€“ Phase II Drill Program Successful
  • 8. EASTERN BOROSI GOLD DISTRICT ā€“ Optioned to IAMGOLD EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 8 >11,400 metres of Drilling Completed in 2014 / 2015 Multiple High Grade Discoveries 2014/2015 Drilling Program successful in discovering several high grade zones including; Guapinol, Vancouver, Blag Main, East Dome, and Cadillac Hole_ID Zone From m To m Length (m) Au g/t Ag g/t GP15-034 Guapinol 332.23 333.62 1.39 98.72 49.1 GP14-003 Guapinol 69.75 74.56 4.81 25.66 35.2 GP14-010 Vancouver 91.60 104.50 12.90 8.73 11.5 GP14-010 including Vancouver 98.40 102.10 3.70 27.45 33.1 GP14-010 and Vancouver 100.28 102.10 1.82 45.79 32.4 BL15-011 Blag Main 21.86 32.60 10.74 3.08 381.3 BL15-011 including Blag Main 26.00 31.50 5.50 5.18 553.7 BL15-011 including Blag Main 26.00 27.80 1.80 11.19 1321.0 GP14-002 Guapinol 112.53 118.56 6.03 14.39 14.5 GP14-002 including Guapinol 116.00 117.80 1.80 29.79 33.2 BL15-017 East Dome 120.50 139.66 19.16 1.11 223.4 BL15-017 including East Dome 126.27 138.04 11.77 1.80 346.3 BL15-009 Blag Main 135.33 145.25 9.92 5.36 194.6 BL15-009 including Blag Main 137.87 140.86 2.99 11.50 309.7 BL15-010 Blag Main 64.38 77.20 12.82 2.52 246.4 BL15-010 including Blag Main 73.15 75.20 2.05 5.18 1026.0 GP14-030 Guapinol 158.92 163.07 4.15 17.70 16.5 BL15-018 East Dome 91.44 100.88 9.44 0.69 488.6 BL15-018 including East Dome 98.00 100.88 2.88 2.13 1432.0 GP14-028 Guapinol 191.53 196.60 5.07 13.44 14.5 GP14-028 including Guapinol 192.02 193.80 1.78 34.13 33.7 BL14-005 Blag Main 77.45 89.92 12.47 2.18 133.8 BL14-005 including Blag Main 80.50 86.87 6.37 4.11 235.9 GP15-037 Vancouver 102.40 109.48 7.08 6.26 41.4 GP15-037 including Vancouver 103.63 106.00 2.37 17.93 118.6 GP14-001 Guapinol 76.97 77.97 1.00 39.90 132.0 LS15-008 LS - Cadillac 65.60 69.70 4.10 8.93 57.4 BL15-006 Blag Main 149.83 155.68 5.85 5.97 56.1 BL15-006 including Blag Main 151.25 154.67 3.42 9.70 91.2 GP15-037 including Vancouver 104.50 105.10 0.60 59.80 224.0 BL15-023 Santos Trend 60.96 67.40 6.44 5.74 4.8 BL15-023 including Santos Trend 60.96 65.64 4.68 7.84 6.0
  • 9. EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 9 EASTERN BOROSI GOLD PROJECT ā€“ 2014/2015 Drilling Guapinol & Vancouver Highlights GP15-034; 1.39m @ 98.72 g/t Au and 49.1 g/t Ag (332.23 ā€“ 333.62m) GP14-003; 4.81m @ 25.66 g/t Au and 35.2 g/t Ag (69.75 ā€“ 74.56m) GP14-002; 6.03m @ 14.39 g/t Au and 14.5 g/t Ag (112.53 ā€“ 118.56m) GP15-017; 19.16m @ 1.11 g/t Au and 223.4 g/t Ag (120.5 ā€“ 139.7m) GP15-018; 9.44m @ 0.69 g/t Au and 488.60 g/t Ag (91.44 ā€“ 100.88m) 2014/15 Guapinol Highlights; Vancouver Highlights; 2014 ā€“ High Grade Gold Discovery at Guapinol 2015 ā€“ Phase II Drill Program Successful Follow-up and In-Fill
  • 10. EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 10 BL15-009; 9.92m @ 5.36 g/t Au and 194.6 g/t Ag (135.33 ā€“ 145.25m) BL15-010; 12.82m @ 2.52 g/t Au and 246.4 g/t Ag (64.38 ā€“ 77.20m) BL15-011; 10.74m @ 3.08 g/t Au and 381.3 g/t Ag (21.86 ā€“ 32.60m) BL15-017; 19.16m @ 1.11 g/t Au and 223.4 g/t Ag (120.5 ā€“ 139.7m) BL15-018; 9.44m @ 0.69 g/t Au and 488.60 g/t Ag (91.44 ā€“ 100.88m) 2015 ā€“ High Grade Gold Discovery at Blag Gold-Silver Vein System 2015 Blag Main Highlights; 2015 East Dome Highlights; EASTERN BOROSI GOLD PROJECT ā€“ 2014/2015 Drilling Blag Main & East Dome Highlights
  • 11. LA LUZ PROJECT OPTIONED TO CENTERRA CALIBREMINING.COM 11 SIUNA DISTRICT ā€“ LA LUZ PROJECT Optioned to Centerra Gold (12.0 km2) Ā» Past Producing La Luz Mine / 43-101 Resource at Cerro Aeropuerto OPTION AGREEMENT SIGNED SEPTEMBER 2015 Ā» Centerra Gold has the right to earn 51% of the Eastern Borosi Project by spending $35 million by Dec. 31, 2017 with a commitment to begin a 2015 Drill Program Ā» Centerra Gold can earn a further 19% for a total of 70% by spending an additional $4 million prior to December 31, 2019
  • 12. / La Luz Project ā€“ Optioned to Centerra Gold LA LUZ PROJECT OPTIONED TO CENTERRA CALIBREMINING.COM 12 Ā» Exploration by Calibre has defined a series of Targets in the same style as the 2.2Moz La Luz Mine Ā» 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 Historic La Luz Mine Open Pit Cerro Aeropuerto 500m La Luz Mine Open Pit And Underground Cerro Potosi 30.2m @ 2.83 g/t Au 91.5m @ 2.75 g/t Au Ā» 2015 Diamond Drilling Program Approved Cerro Aeropuerto Cerro Potosi
  • 13. / LA LUZ PROJECT OPTIONED TO CENTERRA CALIBREMINING.COM 13 Ā» Previous exploration by Calibre and others has defined a series of Targets within the La Luz Project Ā» Targets include; geological. geochemical, and geophysical anomalies Ā» High priority targets include; a. Along strike from C. Aeropuerto b. Eastern anomalies c. Santa Rita ā€“ Tiburon Trend La Luz Project ā€“ Optioned to Centerra Gold Ā» Cerro Potosi; footwall mineralization to historic La Luz Deposit Ā» Cerro Aeropuerto; existing Inferred Resource / open along strike and to depth Ā» Santa Rita ā€“ Tiburon Trend; defined by anomalous gold in rock sample and historic work
  • 14. SIUNA PROJECT 100% CALIBRE CALIBREMINING.COM 14 100% Calibre (504km2) Ā» Calibre maintains 100% ownership on 50,385 hectares (504km2) a. Siuna District = 241 km2 b. Hemco II = 114 km2 a. El Paste = 150 km2 Ā» Siuna District includes New Discovery at Montes de Oro / 2015 Phase I Drilling Program La VIRGEN 1km x 3km Au/Cu Anomaly MONTES DE ORO; 1.4km x 500m Au/Ag/As/Cu/Zn Anomaly
  • 15. Ā» New gold-copper-silver-zinc discovery at the Montes de Oro target, north of the Cerro Aeropuerto gold-silver deposit. Ā» 1.4 km x 500 m gold-copper-lead-zinc anomaly open along the northeast. Ā» Recent exploration has significantly extended zone more than 250 metres to the north MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 15 Montes de Oro (SIUNA DISTRICT ā€“ 100% Calibre) Gold ā€“ Silver ā€“ Copper - Zinc 2013 NEW GOLD DISCOVERY Trench MNTR13ā€“009 with 52m grading 7.1 g/t Gold Ā» On-going exploration Ā» First Phase diamond drilling to start in Q2 2015. Ā» Additional work to be completed advancing Other Targets Trench From To length Au ID (m) (m) (m) (g/t) MTR13-009 0.0 52.3 52.3 7.07 incl 10.7 52.3 41.6 8.46 incl 10.7 36.9 26.2 12.54 MTR13-017 0.0 27.5 27.5 4.93 incl 14.0 23.0 9.0 10.15 MTR13-018 20.0 29.0 9.0 3.11 MTR13-019 4.8 21.0 16.2 4.68 MTR13-020 29.5 38.0 8.5 1.66 MTR13-022 0.0 6.0 6.0 4.73 MTR13-026 0.0 33.5 33.5 2.10
  • 16. MONTES DE ORO (100% Calibre) ā€“ CURRENT EXPLORATION MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 16 Ā» Montes de Oro; Phase I Drilling underway 2015 Ā» Results released for first four holes include 37.7m @ 1.2 g/t Gold Ā» Gold associated with multi-phase intrusions and disseminated to semi-massive to massive sulphide zones
  • 17. SIUNA DISTRICT (100% Calibre) ā€“ CURRENT EXPLORATION SIUNA PROJECT 100% CALIBRE CALIBREMINING.COM 17 Ā» Montes de Oro; additional trenching underway / Drilling Q2-Q3 2015 Ā» Additional Exploration continues On-going on ā€œLook Alikeā€ Targets
  • 18. B2GOLD JOINT VENTURE CALIBREMINING.COM 18 B2GOLD JOINT VENTURE and OPTION (322.3 km2) Ā» 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 GOLD IN SOIL GEOCHEMISTRY COPPER IN SOIL GEOCHEMISTRY GOLD IN SOIL GEOCHEMISTRY Minnesota Primavera
  • 19. Ā» Road accessible with national power grid located 1.2 km from the project, 8km from town of Rosita Ā» Airborne geophysical survey completed over a large 5km by 5km interpreted intrusive/volcanic complex. Additional ground surveys completed Ā» 32 drill holes completed totaling 13,414m Ā» 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 B2GOLD JOINT VENTURE CALIBREMINING.COM 19 PRIMAVERA AIRBORNE RADIOMETRICS PRIMAVERA GOLD/COPPER PROJECT B2GOLDCALIBRE JOINT VENTURE Ā» mineralization comprised of quartz-magnetite- chalcopyrite-bornite veins and vein stockwork within broad zones of potassically and propylitically-altered intermediate volcanic and intrusive rocks Seven Reconnaissance drill holes completed in 2014 Highlight drill results include; MN14-001 31.35m grading 0.63g/t gold and 4.7 g/t Silver MN14-002 20.05m grading 0.40g/t gold and 5.7 g/t Silver MN14-004 47.00m grading 0.63g/t gold and 4.5g/t silver Including 25.6-30.1m (4.5m grading 3.43 g/t Au and 11.0g/t Ag) MN14-007 14.65m grading 0.44g/t gold and 6.2 g/t Silver MINNESOTA GOLD PROJECT B2GOLD/CALIBRE MINING JOINT VENTURE Highlight Trench 109.6m grading 1.58 g/t Gold MINNESOTA TRENCHING
  • 20. PRIMAVERA GOLD/COPPER PROJECT RESULTS *Complete drill results available on Calibre Miningā€™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 20 >800m by 300m gold/copper soil geochemistry anomaly (open) with Additional gold/copper soil geochem anomalies outlined in the 25km2 Primavera porphyry target area. 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 OPEN TO DEPTH DRILL HOLES PR11-002, PR12-008, PR12-011 2011 NEW GOLD/COPPER DISCOVERY Drill Hole PR11ā€“001 277m grading 0.5 g/t Gold & 0.21 % Cu 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-12-008 107.65 280.00 172.35 0.48 2401 0.86 PR-12-011 6.95 166.48 159.53 0.46 2008 0.78 PR-12-016 0.00 201.35 201.35 0.77 3567 1.34 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 DRILL RESULTS HIGHLIGHTS*
  • 21. ROSITA OPTION FORMER SANTA RITA COPPER-GOLD MINE (33.56 km2) Optioned to Rosita Mining Corporation Ā» Optioned to Rosita Mining - spending C$4.0 million over four years (C$3.5 to date) to earn a 65% stake Ā» Rosita D concession: 33.6 km2 - 5% of Calibreā€™s concessions in the Mining Triangle ROSITA PROJECT CALIBREMINING.COM 21 Bambana Santa Rita SANTA RITA R13 Ā» Historic Santa Rita open pit Cu/Au mine: past production 305 M lbs Cu, 177k ozs Au, and 2.6M ozs Ag from 5.9Mt Ā» 2012 NI 43-101 Inferred Resource at Santa Rita of; 7.95 Mt @ 0.62% Cu, 0.46 g/t Au, and 9.2g/t Ag. with 108 M lbs copper, 118 K oz gold and 2.35 M oz of silver Ā» 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 Ā» 2012 ā€“ New Copper/Gold/Silver Resource at Santa Rita Ā» Q3/Q4 2015 Drilling Program
  • 22. 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 5. * * Subject to Option Agreement with CENTERRA GOLD NI 43-101 COPPER/GOLD/SILVER RESOURCES AT ROSITA OPTIONED TO ROSITA MINING CORP. Calibre Mining Corp. and Rosita Mining 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 22 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
  • 23. Summary Ā» Nicaragua provides a favourable, stable, environment for mining. Ā» Calibre has Multiple Chances for Success with partnerships with Two Mid-Tier Producers as well as 100% owned Ground Ā» New gold-skarn discovery at Calibreā€™s 100% owned Montes de Oro gold project (52.3 m grading 7.1g/t Au MTR13-009); Phase I Drilling start Q2 2015 Ā» IAMGOLD, Centerra Gold, and B2Gold both with Active Exploration Program a. IAMGOLD ā€“ Drilling on Eastern Borosi Project b. Centerra Gold ā€“ Drilling on La Luz Project c. B2Gold ā€“ Additional work at Minnesota, Primavera and Santo Thomas. Ā» Calibreā€™s partners to spend up to $12M on exploration over 3 years INFORMATION Ryan King calibre@calibremining.com (604) 628 1012 Calibre Mining Corp. 1820-999 West Hastings. Vancouver, BC V6C2W2 TSX.V: CXB calibremining.com Partnered for Discovery >500km 2 of 100% owned Projects
  • 24. EXPLORATION TIME LINE & NEWS Flow Calibre Mining Corp. 1820-999 West Hastings St. Vancouver, BC V6C 2W2 TSX.V: CXB calibremining.com