VANCOUVER, British Columbia, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (the "Company" or "Calibre") is pleased to announce operating results for the three months (“Q4”) and year ended (“Full Year”) December 31, 2024, an update on the Valentine Gold Mine (“Valentine”), located in Newfoundland & Labrador, Canada and initial 2025 guidance.

All figures are expressed in U.S. dollars unless otherwise stated.

Q4 & Full Year 2024 Production Results and Exploration Highlights Record consolidated Q4 gold production of 76,269 ounces; Nicaragua 66,578 ounces and Nevada 9,691 ounces; Consolidated Full Year gold production of 242,487 ounces, exceeding updated 2024 guidance (230,000 – 240,000 ounces); Nicaragua 207,220 ounces and Nevada 35,267 ounces; Q4 delivered the strongest production of the year, setting a solid foundation for a promising start to 2025; Cash $186.7 million ($131.1 million in cash and $55.

6 million in restricted cash); Calibre continued to strengthen its leadership team in Q4 with the appointments of a Chief Operating Officer, and a Vice President Technical Services for Nicaragua; High grade gold mineralization and new discoveries continue across the Limon Mine Complex with quarterly drill results among the best to-date at both Talavera and the VTEM Gold Corridor , signaling the exceptional potential at Limon: 12.57 g/t Au over 7.1 metres including 26.

65 g/t Au over 3.3 metres; 12.96 g/t Au over 19.

9 metres; 10.59 g/t .