06:48 AM EDT, 04/09/2024 (MT Newswires) -- Calibre Mining Corp. ( CXBMF ) , which eased 2% from near 52 week highs yesterday, on Tuesday said consistent with H1 2024 production expectations it delivered first-quarter consolidated gold production of 61,767 ounces, with gold production H2 weighted as additional organic production sources and higher-grade zones of gold mineralization are brought into the mine plan. CXB added it remains "on track" to deliver full-year 2024 production guidance of 275,000 to 300,000 ounces.

The company also noted operational readiness remains on track and fully funded at the newly acquired Valentine gold mine in preparation for first gold production in H1, 2025. Readiness includes the appointment of a vice president of Canada operations and process plant manager, as well as a commissioning contract with Reliable Controls Corporation of Salt Lake City.

The company plans to release first-quarter financial results after market close on May 14.