Calibre Mining has three active exploration programs in Nicaragua through partnerships with Centerra Gold, Iamgold, and B2Gold. Partners can earn up to 70% interest in projects by spending $10-35 million on exploration, including 5,500m of drilling at Eastern Borosi with intercepts up to 12.9m of 8.73g/t gold. Calibre also maintains 100% ownership of over 580km2, including the Santa Maria gold project with rock samples up to 64.1g/t gold, which has never been drilled. The document discusses the exploration programs and discoveries in detail and provides information on Calibre's management team, capital structure, and 43-101