Construction Progress and Timeline for First Gold Delivery at Calibre's Valentine Project
Caliber Mining provides an update on the progress of the Valentine Gold Mine project in Newfoundland, Canada. The company has received approval for an amendment to include the Berry Pit in the mine plan, which will contribute to the overall production of 195,000 ounces of gold per year. Construction of the mine is 77% complete, and the company expects to deliver first gold by Q2 2025. Caliber Mining is also conducting a significant exploration program to expand the resource base at Valentine, with a focus on finding additional pits along the shear zone and testing for depth potential.
