Mr. Darren Hall reports

CALIBRE RECEIVES ENVIRONMENTAL APPROVAL FOR DEVELOPMENT AND OPERATION OF THE VOLCAN GOLD DEPOSIT LOCATED IN THE LIBERTAD MINE COMPLEX

The corresponding Nicaraguan authorities have granted Calibre Mining Corp. the key environmental permits for the development and production of the open-pit mines at the Volcan gold deposit located approximately five kilometres (km) south of the Libertad mill.

Darren Hall, president and chief executive officer of Calibre, stated: "Approval of the Volcan permit demonstrates the value of our hub and spoke operating strategy as we achieve another significant milestone in Calibre's efforts to organically grow gold production. With an initial open-pit resource averaging two grams per tonne gold, 2023 drilling confirms that the deposit can host higher-grade, near-surface gold mineralization. With receipt of this key permit, combined with Volcan's proximity to the Libertad mill, which has in excess of one million tonnes of surplus capacity, we expect the deposit to contribute to the company's production profile in the second half of this year."

About Calibre Mining Corp.

Calibre is a Canadian-listed, Americas-focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland and Labrador in Canada, Nevada and Washington in the United States, and Nicaragua.

We seek Safe Harbor.