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Calibre Mining Corp (2)
Symbol CXB
Shares Issued 441,590,638
Close 2022-03-14 C$ 1.44
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Calibre Mining sets five-year sustainability strategy

2022-03-15 11:34 ET - News Release

Mr. Darren Hall reports

CALIBRE LAUNCHES ITS FIVE-YEAR SUSTAINABILITY STRATEGY

Calibre Mining Corp. has developed and launched its first five-year sustainability strategy.

The five-year sustainability strategy is built on three key strategic pillars, which set the foundation for the company's goals and expectations:

  • Responsible practices: Ensuring a culture of international best practices, internally and with partners;
  • Contributions to sustainability: Generating positive impacts beyond mining;
  • Global challenges: Connecting with efforts to safeguard the future.

Darren Hall, president and chief executive officer of Calibre, stated: "At Calibre we are committed to ensuring that our contribution to sustainability remains robust and continuous in an effort to make the gold mining industry, as a whole, a sustainable practice now and in the future. Our sustainability strategy is a pivotal step towards delivering value responsibly for all stakeholders as we maintain full transparency in our approach to responsible and sustainable mining, and ensuring accountability by doing what we say and responsibly delivering on our commitments.

"We value the increasing emphasis that all stakeholders place on environment, sustainability, safety and governance. As a result, we released our inaugural comprehensive sustainability report in early 2021 and will fully conform with the responsible gold mining principles (RGMPs) within the World Gold Council's three-year time frame. During the first half of 2022 we will release our 2021 sustainability report, which I am confident will demonstrate our commitment and progress within 12 months of our inaugural report. Sustainability is integral to our vision and our success."

Petri Salopera, vice-president, sustainability, of Calibre, stated: "Calibre is committed to progressing and integrating robust sustainability practices. Sustainability is the application of our core values: safety, social and environmental responsibility, integrity, teamwork and accountability. It is a commitment to our One Calibre culture, putting sustainability at the centre of our way of doing business and our long-term success."

Calibre's five-year sustainability strategy outlines its sustainability goals in three phases:

  • Setting the stage (2022): Alignment and standardization;
  • Meeting higher standards (2023 to 2025): Overall implementation of best practices;
  • Leading the way (2026 and beyond): Peer group frontrunner in sustainability.

Together, the strategy's pillars encompass the company's most material ESG objectives. These reflect the results of a broad internal and external consultation process, as well as the international standards established for the sector and, specifically, the expectations set out in the World Gold Council's RGMPs, which Calibre committed to in June, 2021. Moreover, the company has identified and incorporated specific United Nations sustainable development goals to measure and drive its sustainability performance.

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 Nevada and Washington in the United States, and Nicaragua. Calibre is focused on delivering sustainable value for shareholders, local communities and all stakeholders through responsible operations and a disciplined approach to growth. With a strong balance sheet, no debt, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities, Calibre will unlock significant value.

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