Miner completes acquisition of U.S. gold assets

Photo: Calibre Mining

Vancouver-based Calibre Mining has announced that it successfully completed its acquisition of Fiore Gold, gaining access to gold assets in the U.S.


“As a result of the Arrangement, Calibre acquired a 100% interest in Fiore’s operating Pan Gold Mine, adjacent advanced-stage Gold Rock Project and the past producing Illipah Gold Project in Nevada, as well as the Golden Eagle project in Washington State,” Calibre Mining said in a statement.


“Upon closing of the Arrangement, existing Calibre and former Fiore shareholders own approximately 77% and 23% of the issued and out-standing Calibre Shares, respectively,” according to Calibre Mining.


The latest acquisition adds additional assets to Calibre Mining’s growing portfolio of gold mines in the Americas. Calibre says it has “a strong pipeline of development and exploration opportunities across Nevada and Washington in the USA, and Nicaragua.”