VANCOUVER, British Columbia, Feb. 22, 2023 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three months and year ended December 31, 2022. Annual Consolidated Financial Statements and the corresponding Management Discussion & Analysis for the year ended December 31, 2022 can be found at www.sedar.com and the Company’s website, www.calibremining.com . All figures are expressed in U.S. dollars unless otherwise stated. 2022 HIGHLIGHTS Record gold sales of 222,991 ounces grossing $403.1 million in revenue, at an average realized gold price 1 of $1,808/oz; Consolidated Total Cash Costs (“TCC”) 1 of $1,129/oz; Nicaragua $1,065/oz & Nevada $1,405/oz Consolidated All-In Sustaining Costs (“AISC”) 1 of $1,259/oz; Nicaragua $1,154/oz & Nevada $1,421/oz; Generated $96.7 million in cash flow from operations; Adjusted net income 2 of $51.4 million, or $0.12 per share; Pavon Central open pit mining permit was received in Q2, with significant advancement throughout the year resulting in grade driven growth on track for production during Q1, 2023; Eastern Borosi Project (“EBP”) open pit and underground mining permits were received in Q4, with considerable progress made throughout the year setting up for production during Q2, 2023; Significant exploration […]
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