Community Engagement and Sustainable Practices: Calibre Mining's Commitment to Local Development

In this episode,  we chat with Ryan King, Senior VP Corporate Development and IR for Calibre Mining, who are a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. Ryan has over 15 years of experience in capital markets, corp. dev and IR, working for the likes of Kirkland Lake Gold and Newcore Gold, and has assisted in raising over $350M during his career. He discusses the history and background of Calibre Mining, the project, the recent acquisition they made and the local initiatives they have in Nicaragua. KEY TAKEAWAYS Calibre Mining has successfully transitioned from a junior gold developer to a mid-tier gold producer, focusing on acquiring and optimising production assets in favorable jurisdictions like Canada and Nicaragua. The recent acquisition of the Valentine Lake gold mine is a significant step in diversifying their portfolio. Calibre emphasises community engagement, with 95% of its direct employees in Nicaragua being local nationals. The company prioritises creating job opportunities, providing training, and investing in local infrastructure, which fosters a supportive workforce and enhances its social license to operate. The company is actively pursuing exploration opportunities, particularly at the Valentine Lake site, where recent drilling has indicated promising mineralisation. This exploration success is expected to lead to increased reserves and production capacity. With the merger with Equinox Gold, Calibre anticipates generating significant operating and free cash flow from its combined assets. The focus will be on quickly de-leveraging the balance sheet while also considering reinvestment into exploration and potential returns to shareholders through dividends or share buybacks. BEST MOMENTS "We believe that there's going to be an opportunity to optimise that plant a little further... Why hinder ourselves from additional throughput and additional metal production if we assume that we will have that exploration success?" "The technical studies looked at what could we maximise the throughput to... we believe there's an opportunity to take it from 4 million ton phase 2, probably up to about a 5 to 5.4 million ton throughput." "We want to see that transition into a steady ramp up to nameplate 2.5 million tons throughput, as well as the continued unlocking of value through Greenstone as it ramps up to nameplate capacity." "We believe that Equinox is looking at those types of opportunities... one might be a share buyback. Also, I think top of mind would be a dividend policy for new Equinox shareholders." VALUABLE RESOURCES Mail:        [e-mail] LinkedIn: https://www.linkedin.com/in/rob-tyson-3a26a68/ X:              https://twitter.com/MiningRobTyson YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast  Web:        http://www.mining-international.org This episode is sponsored by Hawcroft, leaders in property risk management since 1992. They offer: Insurance risk surveys recognised as an industry standard Construction risk reviews Asset criticality assessments and more Working across over 600 sites globally, Hawcroft supports mining, processing, smelting, power, refining, ports, and rail operations. For bespoke property risk management services, visit www.hawcroft.com GUEST SOCIALS X – https://x.com/CalibreMiningCo Facebook – https://www.facebook.com/CalibreMining Instagram – https://www.instagram.com/calibremining/ Linkedin – https://ca.linkedin.com/company/calibre-mining-corp-cxb- Youtube – https://www.youtube.com/@calibreminingcorp Website: www.calibremining.com Email address: [e-mail] ABOUT THE HOST Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all ar