Calibre Provides Corporate Update

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Calibre Provides Corporate Update

posted on Apr 28, 2009 08:54AM

April 28, 2009

Calibre Provides Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 28, 2009) - Robert D. Brown, President and CEO of Calibre Mining Corp. (TSX VENTURE:CXB) (the "Company" or "Calibre"), reports that after a strategic review and, in light of current market conditions, the Management and Board of Directors have approved a change in the exploration focus of the Company. Calibre will narrow its efforts to strategic opportunities in the Americas, with specific focus on the acquisition, exploration and development of epithermal and porphyry related gold, silver and copper deposits. Generative programs are currently underway with the goal of identifying strategic precious metal and copper deposits for further follow up and acquisition.

In light of this change in strategic direction, the company has reduced its landholdings surrounding the Pt. Leamington zinc-gold deposit in Newfoundland, Canada and will be reviewing opportunities to further rationalize projects in Canada and Australia.

Calibre Mining Corp. is a TSX Venture Exchange listed company (TSX VENTURE:CXB) that is focused on the acquisition, exploration and development of gold, silver and copper deposits in the Americas.

Calibre Mining Corp.

Robert D. Brown, B.Sc., MBA, President and CEO

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