Gold $ 1877.10 12.40

Silver $ 23.57 0.39

Palladium $ 2230.10 84.40

Platinium $ 861.60 20.50

Calibre Mining Provides Revised 2020 Production and Cost Guidance: Expects Gold Production of Between 110,000 and 125,000 Ounces at Total Cash Costs(1) of Between $880 and $920 an Ounce

Russell Ball, Chief Executive Officer, stated, “The phased restart of operations continues as planned with enhanced safety and health protocols in place and we anticipate reaching steady-state production levels in July. With operations suspended for the majority of the second quarter, we now estimate 2020 gold production of between 110,000 and 125,000 ounces, or approximately 20% less than our original guidance.”

For further information, please contact:

Ryan King
Vice President, Corporate Development & IR
Calibre Mining Corp.
T: 604.628.1010
E: calibre@calibremining.com
W: www.calibremining.com

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