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The full potential of Cacao has not been tested. The vein system is almost 4 km long, making it
one of the longest veins in the La India District. There are high grades from deeper holes which
demonstrate the clear potential. There is also a good chance that the main boiling level, with
the highest grades, has not been drilled yet. The vein thicknesses are comparable to the thickest
veins seen at La India, which is very encouraging. The vein textures are very similar to the
bonanza grade deeper drill holes in the Southeast of La India (e.g. LIDC 324).
Depending on budgets, future drilling should be two-pronged; 1) to increase the known
resource at Cacao by infill and stepping down to give 50 m piercement points. This will also
help us understand the shapes of oreshoots. 2) Widely spaced step-outs along the projected
extension of the vein beneath the alluvium. These will give an idea of the potential of Cacao to
host a 1 Moz gold resource.
At La India the brittle felsic volcanics (glassy welded tuffs, dacites, obsidian) show much
wider veins and higher gold grades than the andesite cover. There is therefore great potential
for Cacao to host a thicker, higher grade vein at relatively shallow depth. This has not yet been
drill-tested
cacao if it turns out to be bigger than la india theres only one place this is going to and thats into a majors hand..we all know mark underestimates things 4km of high grade results would be awesome bring on them drill results
looks like calibre too busy for toll mining..now mark lets get this mine built...cnr going to be worth a lot of money once built..if cacoa has some big drill results buyers will be fighting to get in here with a potential 5 million ounce project and so much more land left to explore
Darren Hall, President & Chief Executive Officer of Calibre, stated: "Initial results from our 2021 multi-rig drill program at our Limon operations continue to confirm strong resource expansion potential. Since the discovery of the Panteon deposit in 2020, I am pleased with the resource growth potential and the teams' ability to advance development, putting us in a position to commence high-grade ore production this quarter, all within 12 months of discovery. With over 15 rigs operating across our operating and advanced exploration sites, I have no doubt we will continue to see success.