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Advanced Gold-Copper-Silver Exploration
Borosi Concessions, Mining Triangle, Nicaragua
TSX.V: CXB May 2014
Partnered for Discovery
Certain statements in this document constitute “forward
looking statements” 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
Company’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
INVESTMENT HIGHLIGHTS
CALIBRE INVESTMENT HIGHLIGHTS CALIBREMINING.COM 3
• NICARAGUA: stable government, mining favourable political environment, long history of
foreign investment in the mining sector
• MINING TRIANGLE: Calibre’s 785 km2 Borosi gold-silver-copper project is located in one of
the most prolific mining districts in Central America with over 7.9M ozs of past gold
production yet the district remains largely underexplored
• PARTNERSHIPS: Calibre has formed two partnerships with two mid-tier gold producers
B2Gold and IAMGOLD and also a third partnership with Alder Resources whereby Calibre’s
partners are required to spend up to $12 million on exploration and development over the
next 3 years
• CALIBRE GOLD RESOURCES: Calibre’s 100% owned NI 43-101 Inferred Resources total
1,057,750 ozs gold and 8,430,070 ozs silver in three deposits
• CALIBRE 100% OWNED MONTES DE ORO GOLD PROJECT: trenching has delineated
significant widths of gold mineralization including 52.3 metres grading 7.1 g/t gold and 27.5
metres grading 4.93 g/t gold within a 400 metre by 650 metre gold-silver-copper-zinc soil
anomaly
• 2014 EXPLORATION/DEVELOPMENT PLANS: B2Gold: trenching/auger sampling at the
Minnesota gold project, IAMGOLD: resource delineation drill programs at Riscos de Oro and
Guapinol, Alder: drill testing Rosita Cu-Au-Ag surface enriched and oxide targets
EXPERIENCED TEAM PARTNERS
CALIBRE MINING CORP.
Greg Smith, P.Geo President & CEO, Director
» 25+ years exploration experience with both junior & senior operations;
» Involved in successfully outlining 10+ million ounces of gold discoveries.
Paulo Santos, CA Chief Financial Officer
» 10+ years experience with public accounting, auditing, and regulatory
compliance
Edward Farrauto, CGA Director
» 20+ years experience as CFO and director of public companies;
» Founder and director of several public companies
GeorgeSalamis Director
» 20+ years exploration, development and operations experience;
» President & CEO of Edgewater Exploration Ltd.
Hon. John Reynolds, P.C. Director
» 35+ years experience in politics, former Member of Parliament, and a
member of the Queen’s Privy Council for Canada;
» Strategic Senior Advisor at McMillan LLP.
FEATHERSTONE CAPITAL
Douglas B. Forster,M.Sc., P.Geo Executive Chairman of the
Calibre Board
» President & CEO of Featherstone Capital Inc.
» 30+ years of resource project development, M&A, equity finance and
public company management;
» Founder and director of numerous public companies
Blayne Johnson Lead Director of Calibre Board
» 25 years of capital markets experience;
» Former VP of First Marathon Securities
» Chairman of Featherstone Capital Inc.
B2Gold Corp.
Vancouver based gold producer and Nicaragua’s largest gold
producer led by Clive Johnson and Tom Garagan, with two
gold mines in Nicaragua and one gold mine in the
Philippines. B2Gold has a strong portfolio of development
and exploration assets in Nicaragua, Colombia, Uruguay and
new mine development in Namibia.
IAMGOLD Corp.
Mid tear gold producer with six operating gold mines on
three continents and one of the world’s three niobium
mines. A solid base of strategic assets in Canada, South
America and Africa is complemented by development and
exploration projects, with a strong financial position and
extensive management and operational expertise.
Alder Resources
Toronto-based junior exploration company with a focus on
exploration for base and precious metals in the Americas.
SHARE STRUCTURE
Issued and Outstanding 187,910,918
Options 14,950,000
Yamana Warrants 10,000,000
B2Gold Warrants 10,000,000
Fully Diluted 222,860,918
Fully Diluted Cash Position $7,067,500
Working Capital $1,000,000
Significant Shareholders
B2Gold Corp. 10.6%
Management 10.0%
CALIBRE TEAM CALIBREMINING.COM 4
» Democratic Republic with President Ortega elected
to a new 5 year term in Nov. 2011
» Gold is Nicaragua’s No. 2 export
» Gold has helped Nicaragua’s economy grow by 4%
annually in the past year, the highest rate in Central
America
» Annual gold production has more than doubled in
the past 3 years
» Supportive mining laws, and favourable tax regime
» 25 year exploration and 50 year exploitation permits
» 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
111111xplo
IAMGOLD Option
1) Riscos de Oro
Epithermal Gold-Silver Resource
NI43-101 Inferred Resource (222,300
oz Au & 4.14M oz Ag)
2) Guapinol
Gold-Silver - Historical Drilling
3) Blag and Others
B2Gold Joint Venture
4) Primavera
Gold-Copper Porphyry Discovery
5) Minnesota
Porphyry Gold Discovery
Calibre 100% Owned
6) Cerro Aeropuerto
Gold-Silver Skarn
NI-101 Inferred Resource (6.05M t -
707,750 oz Au & 3.14M oz Ag)
7) Montes de Oro Gold Discovery
8) La Luz: Past Producer - Gold
Alder Resources Option
9) Santa Rita
Gold-Copper-Silver Skarn
NI43-101 Inferred Resource (7.95M t -
108M lb Cu, 118,000 oz Au & 2.35M
oz Ag)
10) Bambana
BOROSI GOLD, SILVER AND COPPER
CONCESSIONS – “MINING TRIANGLE”
7.9 million ozs past gold production – District Underexplored
BOROSICONCESSION AREA CALIBREMINING.COM 6
BlagRiscos
De Oro
Primavera
La Luz
Cerro Aeropuerto
Montes
De Oro
Bambana La Luna
Minnesota
Santa Rita
Guapinol
SIUNA
BONANZA
ROSITA
EASTERN BOROSI GOLD DISTRICT – Optioned to IAMGOLD
EASTERNBOROSI GOLD PROJECT CALIBREMINING.COM 7
» 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
» 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
» Low Sulphidation Epithermal
System at the Eastern Borosi
Project is comparable in size to
the near-by Bonanza District
which has past production and
currently defined
mineralization which totals in
excess of 4.0 Million Ounces
» Multiple trends in excess of
10 kilometres in length – each
with a series of sub-parallel
gold-silver bearing structures
» Low Sulphidation Epithermal Gold-Silver Vein District
» Comparable to nearby Bonanza Camp in geology, mineralization, and
structure (past production and current reserve of +4.0 million ozs Au)
» Gold – Silver System extends over 7 km from the El Paraiso and
Murcielago targets Northeast towards Riscos de Oro
» Completed 9,427m of resource delineation drilling at Riscos in 37 holes
with epithermal gold-silver intercepts including 7.69 g/t Au,
211.80 g/t Ag over 10.6m
» IAMGOLD plans $1.5M resource delineation drill program during 2014
RISCOS DE ORO DEPOSIT - DISTRICT POTENTIAL
Optioned to IAMGOLD
NI 43-101 GOLD/SILVER RESOURCE - RISCOS DE ORO
Optioned to IAMGOLD
1. CIM definition standards werefollowed for theresourceestimate.
2. The2012 resourcemodels used InverseDistancegradeestimation withina three-dimensional block model with mineralized zones defined by wireframed solids.
3. A basecutoff grade of 0.6 g/t AuEq was used for reporting resources with capping of silver grades at 591 g/t.
4. A density of 2.65 g/cm3 was applied.
5. Numbers may not add exactly dueto rounding.
6. Gold Equivalent (AuEq) calculated using $1264 /ozAu gold and $19.78/ozAg silver and metallurgical recoveries and net smelter returnsareassumed to be100%.
7. Mineral Resources that arenot mineral reserves do not haveeconomic viability.
8. Thequantity and gradeof reported inferred resources in this estimation areuncertain in natureand therehas been insufficient exploration to definethese
inferred resources as an indicated or measured mineral resourceand it is uncertain if further exploration will result in upgrading them to an indicated or measured
mineral resourcecategory.
Calibre Mining Corp. Inferred Resource (using a 0.6 g/t AuEq cutoff grade)
Tonnesand Grade Total Ounces
Zone Tonnes Grade Grade Grade Contained Contained Contained
(t)
(Au
g/t)
(Aq
g/t)
(AuEq
g/t)
Au
(ounces)
Ag
(ounces)
(ounces
AuEq)
Upper 1,539,000 2.45 64.42 3.46 121,200 3,188,000
Lower 620,000 5.07 47.87 5.82 101,000 954,000
Total 2,159,000 3.2 59.67 4.14 222,300 4,142,000 287,100
RISCOS DE ORO GOLD PROJECT CALIBREMINING.COM 8
» Located near to Riscos de Oro and La Luna gold-silver deposits
» Comparable geology, mineralization and structure to nearby producing
Bonanza camp (past production and current reserves of +4.0Moz gold)
» Consists of a series of anomalous zones, past producing pits, shallow
shafts and existing small scale mining areas over eight kilometres
» Previous exploration at Guapinol has included; mapping, geophysics,
geochemistry, trenching and drilling which has identified excellent near
surface targets 3.0 km long and averaging 500 metres wide.
» Maps above show detailed Guapinol soil sample targets showing highly
anomalous gold-silver targets compared to the previously mined open
pit and underground Riscos de Oro project.
Guapinol TREND
OptIoned to IAMGOLD
» Grab samples from
Guapinol consist of 13.1 g/t
gold, 18.8 g/t gold while at
the California target
approximately 3km along
strike samples have
returned 3.2g/t gold, 21.9
g/t gold and 9.5g/t gold
» grab samples in the trend
have returned high grade
silver results including;
703g/t, 441g/t 1200g/t,
1387g/t, and 2457g/t Ag
» La Sorpresa located 8.5
kilometres along strike
returned grab samples of
14.2 g/t gold, 17.01 g/t
gold and 74.0 g/t silver.
GUAPINOL GOLD PROJECT CALIBREMINING.COM 9
EASTERNBOROSI GOLD PROJECT CALIBREMINING.COM 10
HIGHLIGHTS SILVER IN ROCK GEOCHEMISTRY
EASTERN BOROSI GOLD PROJECT
Optioned to IAMGOLD
HIGHLIGHTS GOLD IN ROCK GEOCHEMISTRY
» H1 2014 Trenching and auger sampling program underway
» sampling and mapping has identified multiple targets consisting of
multi-phase intrusive with numerous vein sets and wide spread
alteration over 1.75kms by 1.25kms
» 500m by 250m gold and copper soil anomaly
» trenching and auger sampling has traced gold mineralization in an
area 700 m by 125 m which is open for expansion
MINNESOTA GOLD PROJECT
GOLD GEOCHEMISTRY
MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 11
B2GOLD JOINT VENTURE
» Joint Venture with B2Gold: B2Gold have earned a 51% interest in 322 sq km of concessions, by spending $8M. B2Gold and CalibreMining 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.
» located 20 km northwest of the Primavera gold-copper project
ID From (m) To (m) Interval (m) Au (g/t)
MINTR14-001 0.00 14.55 14.55* 0.87
including 1.50 10.00 8.50 1.22
MINTR14-002 0.00 15.00 15.00* 0.41
MINTR14-003 0.00 6.00 6.00 0.21
MINTR14-005 2.00 3.50 1.50 0.77
MINTR14-006 0.00 14.80 14.80* 1.85
MNTR13-001 0.00 7.50 7.50 3.93
MNTR13-002 0.00 9.20 9.20 4.17
BRTR11-044 0.00 6.40 6.40 5.56
BRTR11-047 0.00 8.00 8.00 6.35
BRTR11-053 0.00 4.65 4.65 1.51
BRTR11-054 0.00 6.00 6.00 2.12
BRTR11-057 0.00 12.80 12.80 1.27
PRIMAVERA GOLD/COPPER PROJECT
B2Gold Joint Venture
» Road accessible with national power grid located 1.2 km from the project, 8km from
town of Rosita
» Subdued topography with main land use being subsistence farming and ranching
» Joint Venture with B2Gold: B2Gold have earned a 51% interest in Primavera,as well as
322 sq km of surrounding concessions, by spending $8M. B2Gold and Calibre Mining
have entered into an agreementgranting B2Gold an option to acquire a further 19%
interest into the 322 sq km concessions including Primavera by spending an additional
$6.0million in project expenditures over 3 years.
» Updated Airborne geophysical survey completed over a large 5km by 5km interpreted
intrusive/volcaniccomplex. Additional ground surveys completed
» 32 drill holes completed totaling 13,414m
» Extensive exploration program underway additional drilling in 2014
» Primaverais geologically similar to Newcrest Mining Limited’s Cadia-Ridgeway porphyry
gold/copper mine in NSW, Australia where underground and open pit reserves contain
23.6Moz Au and 8.3B lbs Cu*
PRIMAVERA GOLD/COPPER PROJECT
DRILL HOLES PR11-002, PR12-008, PR12-011
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
PRIMAVERAGOLD/COPPERPROJECT CALIBREMINING.COM 12
COPPER IN SOIL GEOCHEMISTRYGOLD IN SOIL GEOCHEMISTRY AIRBORNE RADIOMETRICS
PRIMAVERA DRILL RESULTS HIGHLIGHTS*
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
includes 74.50 209.00 134.50 1.01 3561 1.57
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-12-006 12.00 102.00 90.00 0.21 1315 0.42
PR-12-007 7.70 255.00 247.30 0.22 1097 0.39
PR-12-008 107.65 280.00 172.35 0.48 2401 0.86
includes 131.50 187.00 55.50 0.67 3507 1.22
PR-12-010 79.00 94.40 15.40 0.59 4325 1.27
PR-12-011 6.95 166.48 159.53 0.46 2008 0.78
PR-12-013 24.00 46.50 22.50 0.44 2090 0.77
PR-12-016 0.00 201.35 201.35 0.77 3567 1.34
includes 27.75 85.60 57.85 1.08 4915 1.86
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
» 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
with mineralization comprised of quartz-magnetite-chalcopyrite-bornite veins
and vein stockwork within broad zones of potassically and propylitically-
altered intermediate volcanic and intrusive rocks
PRIMAVERA GOLD/COPPER PROJECT RESULTS
*Complete drill results available on Calibre Mining’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
MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 13
PICTURED DRILL INTERCEPT ASSAYED
» 5.52m @ 0.59g/t Au and 0.29% Cu (Section 196.93m-202.45m of Hole PR12-008)
Trench ID Interval (m) Gold (g/t) Copper (ppm)
PRTR11-005 51.3 1.53 680
PRTR11-010 107.0 0.78 980
PRTR11-011 179.4 0.63 997
PRTR11-014 51.7 0.42 1286
» Over 800m by 300m gold/copper soil geochemistry anomaly (open) with
Additional gold/copper soil geochem anomalies have been outlined in the
25km2 Primavera porphyry target area.
» Trenches returned long intervals of continuous gold/copper mineralization
» 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 is located 500-1000 m along strike from
the past producing La Luz Mine. (~2.5M ounces gold)
» New gold-copper porphyry and skarn-style mineralization
discovery at La Virgen and Montes de Oro targets, north of the
Cerro Aeropuerto gold-silver deposit.
» La Virgen target hosts a broad 500 m x 1000 m gold-copper
stream sediment and soil anomaly
» Several placer gold workings
» Montes de Oro located approximately 4km north of La Virgen
has outlined a 400 m x 650 m gold-copper-lead-zinc anomaly.
» Additional ground exploration work on going
SIUNA DISTRICT
100% CALIBRE OWNED
HIGHLIGHT TRENCH RESULTS 2013 - MONTES DE ORO
TRENCH/PIT RESULTS 2013 - La VIRGEN
TrenchID Interval(m) Gold(g/t) Copper(%)
MTR13-009 52.3 7.07 0.06
including 26.9 12.54 0.10
MTR13-017 27.5 4.93 0.05
MTR13-026 33.5 2.10 0.04
TrenchID Interval(m) Gold(g/t) Copper(%)
VTR 12-001 45.0 0.40 0.12
including 9.0 1.39 0.19
VTR 12-021 10.2 0.70 0.11
PIT 11 2.0 27.18
SIUNA PROJECT CALIBREMINING.COM 14
» New gold-copper-silver-zinc mineralization discovery at the
Montes de Oro target, north of the Cerro Aeropuerto gold-silver deposit.
» High grade mineralization in trench MTR13-009 with 52.3 m grading 7.1g/t gold
» 400 m x 650 m gold-copper-lead-zinc anomaly open along the northeast.
» Trenching has only partially tested a strong coincident gold-silver-copper-lead-zinc anomaly.
» Recent exploration has significantly extended zone
more than 250 metres to the north
Trench Results
Trench From To length Au Cu Zn
ID (m) (m) (m) (g/t) (%) (%)
MTR13-
009 0.0 52.3 52.3 7.07 0.06 1.23
incl 10.7 52.3 41.6 8.46 0.07 1.47
incl 10.7 36.9 26.2 12.54 0.1 2.32
MTR13-
017 0.0 27.5 27.5 4.93 0.05 0.38
incl 14.0 23.0 9.0 10.15 0.06 0.29
MTR13-
018 20.0 29.0 9.0 3.11 0.02 0.41
MTR13-
019 4.8 21.0 16.2 4.68 0.05 0.22
MTR13-
020 29.5 38.0 8.5 1.66 0.03 0.23
MTR13-
022 0.0 6.0 6.0 4.73 0.03 0.07
MTR13-
026 0.0 33.5 33.5 2.10 0.04 0.05
MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 15
Montes de Oro (SIUNA DISTRICT – 100% Calibre)
Gold – Silver – Copper - Zinc
MONTES DE ORO (100% Calibre) - SOIL GEOCHEM MAP / TRENCH HIGHLIGHTS
MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 16
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
NI 43-101 COPPER/GOLD/SILVER RESOURCES AT ROSITA
OPTIONEDTO ALDER RESOURCES
Calibre Mining Corp. and Alder Resources 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.
MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 17
Tonnesand 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
Riscosde 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
Tonnesand 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
ROSITA OPTION
FORMER SANTA RITA COPPER-GOLD MINE
Optioned to Alder Resources
» Under option agreement Alder Resources to spend C$4.0
million over the next four years to earn a 65% stake in
Calibre’s Rosita D Concession
» Rosita D concession: 3,356 hectares - only 5% of Calibre’s
concessions in the Mining Triangle
» Historic open pit Santa Rita copper-gold mine: total
historic production from skarn mineralization estimated at
305 M lbs of Cu, 177,737 ozs of Au, and 2,629,720 ozs of Ag
from 5,924,572 tons of ore (Arengi, 2002)
» Phase One exploration completed, including 8,000 metres
of diamond drilling. Results to date include: 8.0m grading
29.54 g/t Au and 8.0m grading 6.9 g/t Au (Alder news
Release Sept 5, 2012)
» On May 9, 2012 Alder Resources Announced a NI 43-101
Inferred Resource estimate of 7.95 Mt averaging 0.62% Cu,
0.46 g/t Au, and 9.2g/t Ag. Containing 108 M lbs copper,
118,500 oz gold and 2.35 M oz of silver
» 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 with
additional work ongoing
ROSITA PROJECT CALIBREMINING.COM 18
BAMBANA
SANTA RITA
R13
Summary
» Nicaragua provides a favourable, stable, environment for
mining.
» Calibre’s 100% owned gold-silver deposits host inferred
resources of 1,057,750 oz Au and 8,430,070 oz Ag
(1,190,000oz AuEq)
» New gold-skarn discovery at Calibre’s 100% owned
Montes de Oro gold project (52.3 m grading 7.1g/t Au
MTR13-009)
» Calibre Mining has established partnerships with two
mid-tier gold producers: IAMGOLD and B2Gold and an
option with Alder Resources. Calibre, B2Gold, IAMGOLD,
and Alder Resources control over 785 km2 of
underexplored mineral concessions in a region that has
already produced more than 7.9M oz’s of gold.
» Calibre’s partners to spend up to $12M on exploration
over the next 3 years
Partnered for Discovery
EXPLORATION TIME LINE & NEWS FLOW
INFORMATION
Ryan King
calibre@calibremining.com
(604) 628.1012
Calibre Mining Corp.
1620 – 1066 West Hastings St.
Vancouver, BC V6E 3X1
TSX.V: CXB
calibremining.com
Q2/14 Q3/14 Q4/14 Q1/15
Exploration
for Porphyry
Gold/Copper
Systems
Advance
Montes de Oro
Target
Delineation
Drilling at
Minnesota
Data Review
RESULTS
Calibre / B2Gold Joint Venture
100% Owned Calibre concessions
100% Owned Calibre
Calibre / B2Gold Joint Venture
IAMGOLD Option Project
Calibre / B2Gold Joint Venture
100% Owned Calibre concessions
Calibre / B2Gold Joint Venture
100% Owned Calibre concessions
Calibre / B2Gold Joint Venture
IAMGOLD Option Project
Eastern Borosi
Drill Targets IAMGOLD Option Project
EXPLORATION TIME LINE & NEWS Flow
Calibre Mining Corp.
1620 – 1066 West
Hastings St.
Vancouver, BC V6E 3X1
TSX.V: CXB
calibremining.com

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Corporatepresentation

  • 1. Advanced Gold-Copper-Silver Exploration Borosi Concessions, Mining Triangle, Nicaragua TSX.V: CXB May 2014 Partnered for Discovery
  • 2. Certain statements in this document constitute “forward looking statements” 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 Company’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
  • 3. INVESTMENT HIGHLIGHTS CALIBRE INVESTMENT HIGHLIGHTS CALIBREMINING.COM 3 • NICARAGUA: stable government, mining favourable political environment, long history of foreign investment in the mining sector • MINING TRIANGLE: Calibre’s 785 km2 Borosi gold-silver-copper project is located in one of the most prolific mining districts in Central America with over 7.9M ozs of past gold production yet the district remains largely underexplored • PARTNERSHIPS: Calibre has formed two partnerships with two mid-tier gold producers B2Gold and IAMGOLD and also a third partnership with Alder Resources whereby Calibre’s partners are required to spend up to $12 million on exploration and development over the next 3 years • CALIBRE GOLD RESOURCES: Calibre’s 100% owned NI 43-101 Inferred Resources total 1,057,750 ozs gold and 8,430,070 ozs silver in three deposits • CALIBRE 100% OWNED MONTES DE ORO GOLD PROJECT: trenching has delineated significant widths of gold mineralization including 52.3 metres grading 7.1 g/t gold and 27.5 metres grading 4.93 g/t gold within a 400 metre by 650 metre gold-silver-copper-zinc soil anomaly • 2014 EXPLORATION/DEVELOPMENT PLANS: B2Gold: trenching/auger sampling at the Minnesota gold project, IAMGOLD: resource delineation drill programs at Riscos de Oro and Guapinol, Alder: drill testing Rosita Cu-Au-Ag surface enriched and oxide targets
  • 4. EXPERIENCED TEAM PARTNERS CALIBRE MINING CORP. Greg Smith, P.Geo President & CEO, Director » 25+ years exploration experience with both junior & senior operations; » Involved in successfully outlining 10+ million ounces of gold discoveries. Paulo Santos, CA Chief Financial Officer » 10+ years experience with public accounting, auditing, and regulatory compliance Edward Farrauto, CGA Director » 20+ years experience as CFO and director of public companies; » Founder and director of several public companies GeorgeSalamis Director » 20+ years exploration, development and operations experience; » President & CEO of Edgewater Exploration Ltd. Hon. John Reynolds, P.C. Director » 35+ years experience in politics, former Member of Parliament, and a member of the Queen’s Privy Council for Canada; » Strategic Senior Advisor at McMillan LLP. FEATHERSTONE CAPITAL Douglas B. Forster,M.Sc., P.Geo Executive Chairman of the Calibre Board » President & CEO of Featherstone Capital Inc. » 30+ years of resource project development, M&A, equity finance and public company management; » Founder and director of numerous public companies Blayne Johnson Lead Director of Calibre Board » 25 years of capital markets experience; » Former VP of First Marathon Securities » Chairman of Featherstone Capital Inc. B2Gold Corp. Vancouver based gold producer and Nicaragua’s largest gold producer led by Clive Johnson and Tom Garagan, with two gold mines in Nicaragua and one gold mine in the Philippines. B2Gold has a strong portfolio of development and exploration assets in Nicaragua, Colombia, Uruguay and new mine development in Namibia. IAMGOLD Corp. Mid tear gold producer with six operating gold mines on three continents and one of the world’s three niobium mines. A solid base of strategic assets in Canada, South America and Africa is complemented by development and exploration projects, with a strong financial position and extensive management and operational expertise. Alder Resources Toronto-based junior exploration company with a focus on exploration for base and precious metals in the Americas. SHARE STRUCTURE Issued and Outstanding 187,910,918 Options 14,950,000 Yamana Warrants 10,000,000 B2Gold Warrants 10,000,000 Fully Diluted 222,860,918 Fully Diluted Cash Position $7,067,500 Working Capital $1,000,000 Significant Shareholders B2Gold Corp. 10.6% Management 10.0% CALIBRE TEAM CALIBREMINING.COM 4
  • 5. » Democratic Republic with President Ortega elected to a new 5 year term in Nov. 2011 » Gold is Nicaragua’s No. 2 export » Gold has helped Nicaragua’s economy grow by 4% annually in the past year, the highest rate in Central America » Annual gold production has more than doubled in the past 3 years » Supportive mining laws, and favourable tax regime » 25 year exploration and 50 year exploitation permits » 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. 111111xplo IAMGOLD Option 1) Riscos de Oro Epithermal Gold-Silver Resource NI43-101 Inferred Resource (222,300 oz Au & 4.14M oz Ag) 2) Guapinol Gold-Silver - Historical Drilling 3) Blag and Others B2Gold Joint Venture 4) Primavera Gold-Copper Porphyry Discovery 5) Minnesota Porphyry Gold Discovery Calibre 100% Owned 6) Cerro Aeropuerto Gold-Silver Skarn NI-101 Inferred Resource (6.05M t - 707,750 oz Au & 3.14M oz Ag) 7) Montes de Oro Gold Discovery 8) La Luz: Past Producer - Gold Alder Resources Option 9) Santa Rita Gold-Copper-Silver Skarn NI43-101 Inferred Resource (7.95M t - 108M lb Cu, 118,000 oz Au & 2.35M oz Ag) 10) Bambana BOROSI GOLD, SILVER AND COPPER CONCESSIONS – “MINING TRIANGLE” 7.9 million ozs past gold production – District Underexplored BOROSICONCESSION AREA CALIBREMINING.COM 6 BlagRiscos De Oro Primavera La Luz Cerro Aeropuerto Montes De Oro Bambana La Luna Minnesota Santa Rita Guapinol SIUNA BONANZA ROSITA
  • 7. EASTERN BOROSI GOLD DISTRICT – Optioned to IAMGOLD EASTERNBOROSI GOLD PROJECT CALIBREMINING.COM 7 » 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 » 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 » Low Sulphidation Epithermal System at the Eastern Borosi Project is comparable in size to the near-by Bonanza District which has past production and currently defined mineralization which totals in excess of 4.0 Million Ounces » Multiple trends in excess of 10 kilometres in length – each with a series of sub-parallel gold-silver bearing structures
  • 8. » Low Sulphidation Epithermal Gold-Silver Vein District » Comparable to nearby Bonanza Camp in geology, mineralization, and structure (past production and current reserve of +4.0 million ozs Au) » Gold – Silver System extends over 7 km from the El Paraiso and Murcielago targets Northeast towards Riscos de Oro » Completed 9,427m of resource delineation drilling at Riscos in 37 holes with epithermal gold-silver intercepts including 7.69 g/t Au, 211.80 g/t Ag over 10.6m » IAMGOLD plans $1.5M resource delineation drill program during 2014 RISCOS DE ORO DEPOSIT - DISTRICT POTENTIAL Optioned to IAMGOLD NI 43-101 GOLD/SILVER RESOURCE - RISCOS DE ORO Optioned to IAMGOLD 1. CIM definition standards werefollowed for theresourceestimate. 2. The2012 resourcemodels used InverseDistancegradeestimation withina three-dimensional block model with mineralized zones defined by wireframed solids. 3. A basecutoff grade of 0.6 g/t AuEq was used for reporting resources with capping of silver grades at 591 g/t. 4. A density of 2.65 g/cm3 was applied. 5. Numbers may not add exactly dueto rounding. 6. Gold Equivalent (AuEq) calculated using $1264 /ozAu gold and $19.78/ozAg silver and metallurgical recoveries and net smelter returnsareassumed to be100%. 7. Mineral Resources that arenot mineral reserves do not haveeconomic viability. 8. Thequantity and gradeof reported inferred resources in this estimation areuncertain in natureand therehas been insufficient exploration to definethese inferred resources as an indicated or measured mineral resourceand it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resourcecategory. Calibre Mining Corp. Inferred Resource (using a 0.6 g/t AuEq cutoff grade) Tonnesand Grade Total Ounces Zone Tonnes Grade Grade Grade Contained Contained Contained (t) (Au g/t) (Aq g/t) (AuEq g/t) Au (ounces) Ag (ounces) (ounces AuEq) Upper 1,539,000 2.45 64.42 3.46 121,200 3,188,000 Lower 620,000 5.07 47.87 5.82 101,000 954,000 Total 2,159,000 3.2 59.67 4.14 222,300 4,142,000 287,100 RISCOS DE ORO GOLD PROJECT CALIBREMINING.COM 8
  • 9. » Located near to Riscos de Oro and La Luna gold-silver deposits » Comparable geology, mineralization and structure to nearby producing Bonanza camp (past production and current reserves of +4.0Moz gold) » Consists of a series of anomalous zones, past producing pits, shallow shafts and existing small scale mining areas over eight kilometres » Previous exploration at Guapinol has included; mapping, geophysics, geochemistry, trenching and drilling which has identified excellent near surface targets 3.0 km long and averaging 500 metres wide. » Maps above show detailed Guapinol soil sample targets showing highly anomalous gold-silver targets compared to the previously mined open pit and underground Riscos de Oro project. Guapinol TREND OptIoned to IAMGOLD » Grab samples from Guapinol consist of 13.1 g/t gold, 18.8 g/t gold while at the California target approximately 3km along strike samples have returned 3.2g/t gold, 21.9 g/t gold and 9.5g/t gold » grab samples in the trend have returned high grade silver results including; 703g/t, 441g/t 1200g/t, 1387g/t, and 2457g/t Ag » La Sorpresa located 8.5 kilometres along strike returned grab samples of 14.2 g/t gold, 17.01 g/t gold and 74.0 g/t silver. GUAPINOL GOLD PROJECT CALIBREMINING.COM 9
  • 10. EASTERNBOROSI GOLD PROJECT CALIBREMINING.COM 10 HIGHLIGHTS SILVER IN ROCK GEOCHEMISTRY EASTERN BOROSI GOLD PROJECT Optioned to IAMGOLD HIGHLIGHTS GOLD IN ROCK GEOCHEMISTRY
  • 11. » H1 2014 Trenching and auger sampling program underway » sampling and mapping has identified multiple targets consisting of multi-phase intrusive with numerous vein sets and wide spread alteration over 1.75kms by 1.25kms » 500m by 250m gold and copper soil anomaly » trenching and auger sampling has traced gold mineralization in an area 700 m by 125 m which is open for expansion MINNESOTA GOLD PROJECT GOLD GEOCHEMISTRY MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 11 B2GOLD JOINT VENTURE » Joint Venture with B2Gold: B2Gold have earned a 51% interest in 322 sq km of concessions, by spending $8M. B2Gold and CalibreMining 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. » located 20 km northwest of the Primavera gold-copper project ID From (m) To (m) Interval (m) Au (g/t) MINTR14-001 0.00 14.55 14.55* 0.87 including 1.50 10.00 8.50 1.22 MINTR14-002 0.00 15.00 15.00* 0.41 MINTR14-003 0.00 6.00 6.00 0.21 MINTR14-005 2.00 3.50 1.50 0.77 MINTR14-006 0.00 14.80 14.80* 1.85 MNTR13-001 0.00 7.50 7.50 3.93 MNTR13-002 0.00 9.20 9.20 4.17 BRTR11-044 0.00 6.40 6.40 5.56 BRTR11-047 0.00 8.00 8.00 6.35 BRTR11-053 0.00 4.65 4.65 1.51 BRTR11-054 0.00 6.00 6.00 2.12 BRTR11-057 0.00 12.80 12.80 1.27
  • 12. PRIMAVERA GOLD/COPPER PROJECT B2Gold Joint Venture » Road accessible with national power grid located 1.2 km from the project, 8km from town of Rosita » Subdued topography with main land use being subsistence farming and ranching » Joint Venture with B2Gold: B2Gold have earned a 51% interest in Primavera,as well as 322 sq km of surrounding concessions, by spending $8M. B2Gold and Calibre Mining have entered into an agreementgranting B2Gold an option to acquire a further 19% interest into the 322 sq km concessions including Primavera by spending an additional $6.0million in project expenditures over 3 years. » Updated Airborne geophysical survey completed over a large 5km by 5km interpreted intrusive/volcaniccomplex. Additional ground surveys completed » 32 drill holes completed totaling 13,414m » Extensive exploration program underway additional drilling in 2014 » Primaverais geologically similar to Newcrest Mining Limited’s Cadia-Ridgeway porphyry gold/copper mine in NSW, Australia where underground and open pit reserves contain 23.6Moz Au and 8.3B lbs Cu* PRIMAVERA GOLD/COPPER PROJECT DRILL HOLES PR11-002, PR12-008, PR12-011 247.35m@ 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 PRIMAVERAGOLD/COPPERPROJECT CALIBREMINING.COM 12 COPPER IN SOIL GEOCHEMISTRYGOLD IN SOIL GEOCHEMISTRY AIRBORNE RADIOMETRICS
  • 13. PRIMAVERA DRILL RESULTS HIGHLIGHTS* 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 includes 74.50 209.00 134.50 1.01 3561 1.57 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-12-006 12.00 102.00 90.00 0.21 1315 0.42 PR-12-007 7.70 255.00 247.30 0.22 1097 0.39 PR-12-008 107.65 280.00 172.35 0.48 2401 0.86 includes 131.50 187.00 55.50 0.67 3507 1.22 PR-12-010 79.00 94.40 15.40 0.59 4325 1.27 PR-12-011 6.95 166.48 159.53 0.46 2008 0.78 PR-12-013 24.00 46.50 22.50 0.44 2090 0.77 PR-12-016 0.00 201.35 201.35 0.77 3567 1.34 includes 27.75 85.60 57.85 1.08 4915 1.86 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 » 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 with mineralization comprised of quartz-magnetite-chalcopyrite-bornite veins and vein stockwork within broad zones of potassically and propylitically- altered intermediate volcanic and intrusive rocks PRIMAVERA GOLD/COPPER PROJECT RESULTS *Complete drill results available on Calibre Mining’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 MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 13 PICTURED DRILL INTERCEPT ASSAYED » 5.52m @ 0.59g/t Au and 0.29% Cu (Section 196.93m-202.45m of Hole PR12-008) Trench ID Interval (m) Gold (g/t) Copper (ppm) PRTR11-005 51.3 1.53 680 PRTR11-010 107.0 0.78 980 PRTR11-011 179.4 0.63 997 PRTR11-014 51.7 0.42 1286 » Over 800m by 300m gold/copper soil geochemistry anomaly (open) with Additional gold/copper soil geochem anomalies have been outlined in the 25km2 Primavera porphyry target area. » Trenches returned long intervals of continuous gold/copper mineralization
  • 14. » 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 is located 500-1000 m along strike from the past producing La Luz Mine. (~2.5M ounces gold) » New gold-copper porphyry and skarn-style mineralization discovery at La Virgen and Montes de Oro targets, north of the Cerro Aeropuerto gold-silver deposit. » La Virgen target hosts a broad 500 m x 1000 m gold-copper stream sediment and soil anomaly » Several placer gold workings » Montes de Oro located approximately 4km north of La Virgen has outlined a 400 m x 650 m gold-copper-lead-zinc anomaly. » Additional ground exploration work on going SIUNA DISTRICT 100% CALIBRE OWNED HIGHLIGHT TRENCH RESULTS 2013 - MONTES DE ORO TRENCH/PIT RESULTS 2013 - La VIRGEN TrenchID Interval(m) Gold(g/t) Copper(%) MTR13-009 52.3 7.07 0.06 including 26.9 12.54 0.10 MTR13-017 27.5 4.93 0.05 MTR13-026 33.5 2.10 0.04 TrenchID Interval(m) Gold(g/t) Copper(%) VTR 12-001 45.0 0.40 0.12 including 9.0 1.39 0.19 VTR 12-021 10.2 0.70 0.11 PIT 11 2.0 27.18 SIUNA PROJECT CALIBREMINING.COM 14
  • 15. » New gold-copper-silver-zinc mineralization discovery at the Montes de Oro target, north of the Cerro Aeropuerto gold-silver deposit. » High grade mineralization in trench MTR13-009 with 52.3 m grading 7.1g/t gold » 400 m x 650 m gold-copper-lead-zinc anomaly open along the northeast. » Trenching has only partially tested a strong coincident gold-silver-copper-lead-zinc anomaly. » Recent exploration has significantly extended zone more than 250 metres to the north Trench Results Trench From To length Au Cu Zn ID (m) (m) (m) (g/t) (%) (%) MTR13- 009 0.0 52.3 52.3 7.07 0.06 1.23 incl 10.7 52.3 41.6 8.46 0.07 1.47 incl 10.7 36.9 26.2 12.54 0.1 2.32 MTR13- 017 0.0 27.5 27.5 4.93 0.05 0.38 incl 14.0 23.0 9.0 10.15 0.06 0.29 MTR13- 018 20.0 29.0 9.0 3.11 0.02 0.41 MTR13- 019 4.8 21.0 16.2 4.68 0.05 0.22 MTR13- 020 29.5 38.0 8.5 1.66 0.03 0.23 MTR13- 022 0.0 6.0 6.0 4.73 0.03 0.07 MTR13- 026 0.0 33.5 33.5 2.10 0.04 0.05 MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 15 Montes de Oro (SIUNA DISTRICT – 100% Calibre) Gold – Silver – Copper - Zinc
  • 16. MONTES DE ORO (100% Calibre) - SOIL GEOCHEM MAP / TRENCH HIGHLIGHTS MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 16
  • 17. 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 NI 43-101 COPPER/GOLD/SILVER RESOURCES AT ROSITA OPTIONEDTO ALDER RESOURCES Calibre Mining Corp. and Alder Resources 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. MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 17 Tonnesand 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 Riscosde 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 Tonnesand 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
  • 18. ROSITA OPTION FORMER SANTA RITA COPPER-GOLD MINE Optioned to Alder Resources » Under option agreement Alder Resources to spend C$4.0 million over the next four years to earn a 65% stake in Calibre’s Rosita D Concession » Rosita D concession: 3,356 hectares - only 5% of Calibre’s concessions in the Mining Triangle » Historic open pit Santa Rita copper-gold mine: total historic production from skarn mineralization estimated at 305 M lbs of Cu, 177,737 ozs of Au, and 2,629,720 ozs of Ag from 5,924,572 tons of ore (Arengi, 2002) » Phase One exploration completed, including 8,000 metres of diamond drilling. Results to date include: 8.0m grading 29.54 g/t Au and 8.0m grading 6.9 g/t Au (Alder news Release Sept 5, 2012) » On May 9, 2012 Alder Resources Announced a NI 43-101 Inferred Resource estimate of 7.95 Mt averaging 0.62% Cu, 0.46 g/t Au, and 9.2g/t Ag. Containing 108 M lbs copper, 118,500 oz gold and 2.35 M oz of silver » 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 with additional work ongoing ROSITA PROJECT CALIBREMINING.COM 18 BAMBANA SANTA RITA R13
  • 19. Summary » Nicaragua provides a favourable, stable, environment for mining. » Calibre’s 100% owned gold-silver deposits host inferred resources of 1,057,750 oz Au and 8,430,070 oz Ag (1,190,000oz AuEq) » New gold-skarn discovery at Calibre’s 100% owned Montes de Oro gold project (52.3 m grading 7.1g/t Au MTR13-009) » Calibre Mining has established partnerships with two mid-tier gold producers: IAMGOLD and B2Gold and an option with Alder Resources. Calibre, B2Gold, IAMGOLD, and Alder Resources control over 785 km2 of underexplored mineral concessions in a region that has already produced more than 7.9M oz’s of gold. » Calibre’s partners to spend up to $12M on exploration over the next 3 years Partnered for Discovery EXPLORATION TIME LINE & NEWS FLOW INFORMATION Ryan King calibre@calibremining.com (604) 628.1012 Calibre Mining Corp. 1620 – 1066 West Hastings St. Vancouver, BC V6E 3X1 TSX.V: CXB calibremining.com Q2/14 Q3/14 Q4/14 Q1/15 Exploration for Porphyry Gold/Copper Systems Advance Montes de Oro Target Delineation Drilling at Minnesota Data Review RESULTS Calibre / B2Gold Joint Venture 100% Owned Calibre concessions 100% Owned Calibre Calibre / B2Gold Joint Venture IAMGOLD Option Project Calibre / B2Gold Joint Venture 100% Owned Calibre concessions Calibre / B2Gold Joint Venture 100% Owned Calibre concessions Calibre / B2Gold Joint Venture IAMGOLD Option Project Eastern Borosi Drill Targets IAMGOLD Option Project
  • 20. EXPLORATION TIME LINE & NEWS Flow Calibre Mining Corp. 1620 – 1066 West Hastings St. Vancouver, BC V6E 3X1 TSX.V: CXB calibremining.com