Advanced Gold-Copper-Silver Exploration

Borosi Concessions, Mining Triangle, Nicaragua

TSX.V: CXB September 2015

Partnered for Discovery

Certain statements in this document constitute “forwardlooking statements” which may not be based on historicalfact. Such forward looking statements involve known andunknown risk, uncertainties and other factors which maycause the actual results, performance or achievements of theCompany, or industry results to be materially different fromany future results, performance, or achievements expressedor implied by such forward looking statements. Such factorsinclude, among others, the following: actual results ofexploration and development activities; the costs and timingof the development of new deposits; future prices of preciousand base metals; accidents; risks inherent in mineralexploration; risks associated with development, constructionand mining operations; restrictions on foreign ownership; theCompany’s history of operating losses and uncertainty offuture profitability; uncertainty of access to additional capital;and environmental liability claims and insurance. Thispresentation is not an offer to purchase securities and doesnot constitute an offering document under Securitieslegislation.

Mr. Gregory Smith, P.Geo, the President and CEO of theCompany, is the Qualified Person as defined by NI 43-101, andhas prepared and approved the technical data andinformation in this presentation

FORWARD LOOKING STATEMENT

INVESTMENT HIGHLIGHTSCALIBRE INVESTMENT HIGHLIGHTS CALIBREMINING.COM 3

IAMGOLD PARTNERSHIP: • spending $5M over 3 years / 2015; +6,000 metre Phase II drill program• NEW DISCOVERIES; 4.8m grading 25.7 g/t Au and 12.9m grading 8.7 g/t Au

CENTERRA GOLD PARTNERSHIP: • 1200 hectare past producer with existing Gold Resource• CENTERRA drilling program Q4 2015 on La Luz Project

B2GOLD PARTNERSHIP: • B2GOLD Spending an additional $6m over 3 years to earn 70%

ROSITA MINING PARTNERSHIP: • Q3/Q4 2015 Drilling program / earning into 65%

100% CALIBRE : • Calibre maintains 100% Ownership in >500 km2

• Montes de Oro Target in the Siuna District – Drilling Q3 2015, • NEW DISCOVERY; ddh MD15-007 with 37.7m grading 1.2 g/t Au • $2M Strategic Investment by Pierre Lassonde

• CALIBRE HAS MULTIPLE CHANCES FOR SUCCESS ON THE BOROSI CONCESSIONS

Partnered for

Discovery

100% Ownershipin > 500 km2

EXPERIENCED TEAM

PARTNERS

CALIBRE MANAGEMENT / BOARDGreg Smith, P.Geo President & CEO, Director» 25+ years exploration experience with both junior & senior operations;» Involved in successfully outlining 10+ million ounces of gold discoveries.

Edward Farrauto, CGA Director» 20+ years experience as CFO and director of public companies;» Founder and director of several public companies

George Salamis, Director» 20+ years exploration, development and operations experience;» President & CEO of Edgewater Exploration Ltd.

Julie Lassonde, Director» 17 years experience in financial, advisory, and engineering roles.

Hon. John Reynolds, P.C. Director» 35+ years experience in politics, former Member of Parliament, and a member of the Queen’s Privy Council for Canada;» Strategic Senior Advisor at McMillan LLP.

Ryan King, Vice President» 10 years of resource sector, equity financing and public company experience

Kristian Dagsaan, CA Chief Financial Officer» eight years experience with public accounting, auditing, and regulatory compliance

B2Gold Corp.Nicaragua’s largest gold producer led by Clive Johnson and Tom Garagan, withtwo gold mines in Nicaragua and one in the Philippines and one in Namibia as wellas a strong portfolio of development and exploration assets

IAMGOLD Corp.Mid tier gold producer with six operating gold mines on three continents.

Centerra GoldCenterra is a North-American based gold mining company focused on operating,developing, exploring and acquiring gold properties primarily in Asia, NorthAmerica and other markets worldwide. Centerra is the largest Western-basedgold producer in Central Asia.

Rosita Mining CorpToronto-based junior exploration company with a focus on exploration for base and precious metals in Nicaragua.

SHARE STRUCTUREIssued and Outstanding 222,910,918Options 21,200,000Warrants 12,500,000Fully Diluted 256,610,918Fully Diluted Cash Position $7,000,000Working Capital $1,200,000

Significant ShareholdersB2Gold Corp. 13.50%Pierre Lassonde 11.20%Management 9.00%

CALIBRE TEAM CALIBREMINING.COM 4

FEATHERSTONE CAPITALDouglas B. Forster, M.Sc., P.Geo Calibre Board Executive Chairman» President & CEO of Featherstone Capital Inc.» 30+ years of resource project development, M&A, equity finance and public company management;» Founder and director of numerous public companiesBlayne Johnson Lead Director of Calibre Board» 25 years of capital markets experience;» Former VP of First Marathon Securities» Chairman of Featherstone Capital Inc.

SENIOR ADVISORRaymond Threlkeld» 30+ years of experience in the mineral resource industry» Previously held position of President and CEO of Rainy River Resources ltd and Western Goldfields before begin acquired» Former VP, Development of Barrick Gold Corp., responsible for placing >30 million gold ounces into production in Africa, South America and Australia

» Democratic Republic with President Ortega elected to a 2nd 5 year term in Nov. 2011

» Gold was Nicaragua’s No. 1 export in 2013

» Gold has helped Nicaragua’s economy grow by 4% annually in recent years, the highest rate in Central America

» Annual gold production has more than doubled in the past 4 years

» Supportive mining laws, and favourable tax regime

» Economist Intelligence Unit ranks Nicaragua as one of the safest countries in Central America

NICARAGUA: STABLE & SAFEUNDER EXPLORED MINING ENVIRONMENT

WORKING IN NICARAGUA CALIBREMINING.COM 5

7.9 million ozs past gold production – District Underexplored

BOROSI CONCESSION AREA CALIBREMINING.COM 6

1) IAMGOLD Optiona. Riscos de Oro; Gold – Silver resourceb. Guapinol; 2014 High grade Gold Discoveryc. Blag and others

2) Calibre 100% Owneda. Montes De Oro; High Grade Gold Discoveryb. >50,00ha

3) Centerra Optiona. Cerro Aeropuerto; existing 750K AuEq oz Resourceb. La Luz; Past Gold Producer (2.2M oz)

4) B2Gold Joint Venturea. Minnesota; 2014 Gold Discoveryb. Primavera; Gold/Copper Porphyry Discovery

5) Rosita Mining Optiona. Santa Rita; Copper - Gold –Silver resourceb. Bambana; high grade target

BOROSI GOLD, SILVER AND COPPER CONCESSIONS (934 KM2) “MINING TRIANGLE DISTRICT”

EASTERN BOROSI GOLD DISTRICT – Optioned to IAMGOLD (176 km2)EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 7

» IAMGOLD has the right to earn 51% of the Eastern Borosi Project by spending $5 million and cash payments of $450,000 over three years» IAMGOLD can earn a further 19% for a total of 70% by spending an additional $5 million and further payments of $450,000 over a second three year period

» Low Sulphidation Epithermal Gold-Silver District

» existing Inferred Gold Resource;4.7Mt @ 2.87 g/t Au Eq (2.31 g/t Au & 35 g/t Ag)

433,000 ozs Au Eq (350k oz Au & 5.3M oz Ag)

2012 – New Gold Resource at Riscos de Oro2014 – High Grade Gold Discovery at Guapinol

2015 – Phase II Drill Program Successful

» Multiple trends totaling more than 18 kilometres in length each with a series of sub-parallel gold-silver structures

EASTERN BOROSI GOLD DISTRICT – Optioned to IAMGOLDEASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 8

>11,400 metres of Drilling Completed in 2014 / 2015

Multiple High GradeDiscoveries

2014/2015 Drilling Program successful in discovering several high grade zones including; Guapinol, Vancouver, Blag Main, East Dome, and Cadillac

Hole_ID Zone From m To m Length (m) Au g/t Ag g/tGP15-034 Guapinol 332.23 333.62 1.39 98.72 49.1GP14-003 Guapinol 69.75 74.56 4.81 25.66 35.2GP14-010 Vancouver 91.60 104.50 12.90 8.73 11.5GP14-010 including Vancouver 98.40 102.10 3.70 27.45 33.1GP14-010 and Vancouver 100.28 102.10 1.82 45.79 32.4BL15-011 Blag Main 21.86 32.60 10.74 3.08 381.3BL15-011 including Blag Main 26.00 31.50 5.50 5.18 553.7BL15-011 including Blag Main 26.00 27.80 1.80 11.19 1321.0GP14-002 Guapinol 112.53 118.56 6.03 14.39 14.5GP14-002 including Guapinol 116.00 117.80 1.80 29.79 33.2BL15-017 East Dome 120.50 139.66 19.16 1.11 223.4BL15-017 including East Dome 126.27 138.04 11.77 1.80 346.3BL15-009 Blag Main 135.33 145.25 9.92 5.36 194.6BL15-009 including Blag Main 137.87 140.86 2.99 11.50 309.7BL15-010 Blag Main 64.38 77.20 12.82 2.52 246.4BL15-010 including Blag Main 73.15 75.20 2.05 5.18 1026.0GP14-030 Guapinol 158.92 163.07 4.15 17.70 16.5BL15-018 East Dome 91.44 100.88 9.44 0.69 488.6BL15-018 including East Dome 98.00 100.88 2.88 2.13 1432.0GP14-028 Guapinol 191.53 196.60 5.07 13.44 14.5GP14-028 including Guapinol 192.02 193.80 1.78 34.13 33.7BL14-005 Blag Main 77.45 89.92 12.47 2.18 133.8BL14-005 including Blag Main 80.50 86.87 6.37 4.11 235.9GP15-037 Vancouver 102.40 109.48 7.08 6.26 41.4GP15-037 including Vancouver 103.63 106.00 2.37 17.93 118.6GP14-001 Guapinol 76.97 77.97 1.00 39.90 132.0LS15-008 LS - Cadillac 65.60 69.70 4.10 8.93 57.4BL15-006 Blag Main 149.83 155.68 5.85 5.97 56.1BL15-006 including Blag Main 151.25 154.67 3.42 9.70 91.2GP15-037 including Vancouver 104.50 105.10 0.60 59.80 224.0BL15-023 Santos Trend 60.96 67.40 6.44 5.74 4.8BL15-023 including Santos Trend 60.96 65.64 4.68 7.84 6.0

EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 9

EASTERN BOROSI GOLD PROJECT – 2014/2015 Drilling Guapinol & Vancouver Highlights

GP15-034; 1.39m @ 98.72 g/t Au and 49.1 g/t Ag (332.23 – 333.62m)GP14-003; 4.81m @ 25.66 g/t Au and 35.2 g/t Ag (69.75 – 74.56m)GP14-002; 6.03m @ 14.39 g/t Au and 14.5 g/t Ag (112.53 – 118.56m)

GP14-010; 12.90m @ 8.73 g/t Au and 11.5 g/t Ag (91.60 – 104.50m) GP15-037; 7.08m @ 6.26 g/t Au and 41.4 g/t Ag (102.40 – 109.48m)

2014/15GuapinolHighlights;

VancouverHighlights;

2014 – High Grade Gold Discovery at Guapinol2015 – Phase II Drill Program Successful

Follow-up and In-Fill Drilling

EASTERN BOROSI GOLD PROJECT CALIBREMINING.COM 10

BL15-009; 9.92m @ 5.36 g/t Au and 194.6 g/t Ag (135.33 – 145.25m)BL15-010; 12.82m @ 2.52 g/t Au and 246.4 g/t Ag (64.38 – 77.20m)BL15-011; 10.74m @ 3.08 g/t Au and 381.3 g/t Ag (21.86 – 32.60m)

BL15-017; 19.16m @ 1.11 g/t Au and 223.4 g/t Ag (120.5 – 139.7m) BL15-018; 9.44m @ 0.69 g/t Au and 488.60 g/t Ag (91.44 – 100.88m)

2015 – High Grade Gold Discovery at Blag Gold-Silver Vein System

2015 Blag Main Highlights;

2015 East DomeHighlights;

EASTERN BOROSI GOLD PROJECT – 2014/2015 Drilling Blag Main & East Dome Highlights

LA LUZ PROJECT OPTIONED TO CENTERRA CALIBREMINING.COM 11

SIUNA DISTRICT – LA LUZ PROJECTOptioned to Centerra Gold (12.0 km2)

» Past Producing La Luz Mine / 43-101 Resource at Cerro Aeropuerto

OPTION AGREEMENT SIGNED SEPTEMBER 2015» Centerra Gold has the right to earn 51% of the Eastern Borosi Project by spending $3 million by Dec. 31, 2017 with a commitment to begin a 2015 Drill Program

» Centerra Gold can earn a further 19% for a total of 70% by spending an additional $4 million prior to December 31, 2019

/

La Luz Project – Optioned to Centerra GoldLA LUZ PROJECT OPTIONED TO CENTERRA CALIBREMINING.COM 12

» Exploration by Calibre has defined a series of Targets in the same style as the 2.2Moz Past Producer La Luz Mine

» The Cerro Aeropuerto gold-silver high grade inferred resource; 6.05Mt @ 3.64 g/t gold & 16.16 g/t silver for 707,000 ounces gold & 3.14 Moz silver

Historic La Luz MineOpen Pit

Cerro Aeropuerto

500m

La Luz MineOpen PitAnd Underground

Cerro Potosi30.2m @2.83 g/t Au

91.5m @2.75 g/t Au

» 2015 Diamond Drilling Program Approved

Cerro Aeropuerto

Cerro Potosi

/

LA LUZ PROJECT OPTIONED TO CENTERRA CALIBREMINING.COM 13

» Previous exploration by Calibre and others has defined a series of Targets within the La Luz Project

» Targets include; geological. geochemical, and geophysical anomalies

» High priority targets include;a. Along strike from C. Aeropuertob. Eastern anomaliesc. Santa Rita – Tiburon Trend

La Luz Project – Optioned to Centerra Gold

» Cerro Potosi; footwall mineralization to historic La Luz Deposit

» Cerro Aeropuerto; existing Inferred Resource / open along strike and to depth

» Santa Rita – Tiburon Trend; defined by anomalous gold in rock sample and historic work

SIUNA PROJECT 100% CALIBRE CALIBREMINING.COM 14

100% Calibre (504km2)» Calibre maintains 100% ownership on 50,385 hectares (504km2)

a. Siuna District = 241 km2

b. Hemco II = 114 km2

a. El Paste = 150 km2

» Siuna District includes New Discovery at Montes de Oro / 2015 Phase I Drilling Program

La VIRGEN1km x 3km Au/Cu Anomaly

MONTES DE ORO; 1.4km x 500m Au/Ag/As/Cu/Zn Anomaly

» New gold-copper-silver-zinc discovery at the Montes de Oro target, north of the Cerro Aeropuerto gold-silver deposit.

» 1.4 km x 500 m gold-copper-lead-zinc anomaly open along the northeast.

» Recent exploration has significantly extended zonemore than 250 metres to the north

MONTES DE ORO GOLD PROJECT CALIBREMINING.COM 15

Montes de Oro (SIUNA DISTRICT – 100% Calibre)Gold – Silver – Copper - Zinc

2013 NEW GOLD DISCOVERY Trench MNTR13–009

with 52m grading 7.1 g/t Gold

» On-going exploration» First Phase diamond drilling to start in Q2 2015.» Additional work to be completed advancing Other Targets

Trench From To length AuID (m) (m) (m) (g/t)

MTR13-009 0.0 52.3 52.3 7.07incl 10.7 52.3 41.6 8.46incl 10.7 36.9 26.2 12.54MTR13-017 0.0 27.5 27.5 4.93incl 14.0 23.0 9.0 10.15MTR13-018 20.0 29.0 9.0 3.11MTR13-019 4.8 21.0 16.2 4.68MTR13-020 29.5 38.0 8.5 1.66MTR13-022 0.0 6.0 6.0 4.73MTR13-026 0.0 33.5 33.5 2.10

MONTES DE ORO (100% Calibre) – CURRENT EXPLORATIONMONTES DE ORO GOLD PROJECT CALIBREMINING.COM 16

» Montes de Oro; Phase I Drilling underway 2015

» Results released for first four holes include 37.7m @ 1.2 g/t Gold» Gold associated with multi-phase intrusions and disseminated to semi-massive to massive sulphide zones

SIUNA DISTRICT (100% Calibre) – CURRENT EXPLORATIONSIUNA PROJECT 100% CALIBRE CALIBREMINING.COM 17

» Montes de Oro; Drilling Q2-Q3 2015

» Additional Exploration continues On-going on “Look Alike” Targets

ON THE PATHTO NEW

DISCOVERIES

B2GOLD JOINT VENTURE CALIBREMINING.COM 18

B2GOLD JOINT VENTURE and OPTION (208.8 km2)» Joint Venture with B2Gold: B2Gold have earned a 51% interest in 322 sq km of concessions, by spending $8M. B2Gold and Calibre Mining have entered into an agreement granting B2Gold an option to acquire a further 19% interest by spending an additional $6.0 million in project expenditures over 3 years.

Primavera

Minnesota

SantoThomas

GOLD IN SOIL GEOCHEMISTRY COPPER IN SOIL GEOCHEMISTRY

GOLD IN SOIL GEOCHEMISTRY

Minnesota

Primavera

» Road accessible with national power grid located 1.2 km from the project, 8km from town of Rosita

» Airborne geophysical survey completed over a large 5km by 5km interpreted intrusive/volcanic complex. Additional ground surveys completed

» 32 drill holes completed totaling 13,414m

» The higher grade Gold/copper porphyry mineralization has been intersected in drill holes over a 300m by 300m area and to a depth of 300m

B2GOLD JOINT VENTURE CALIBREMINING.COM 19

PRIMAVERA AIRBORNE RADIOMETRICSPRIMAVERA GOLD/COPPER PROJECT

B2GOLD\CALIBRE JOINT VENTURE

» mineralization comprised of quartz-magnetite-chalcopyrite-bornite veins and vein stockwork within broad zones of potassically and propylitically-altered intermediate volcanic and intrusive rocks

Seven Reconnaissance drill holes completed in 2014Highlight drill results include; MN14-001 31.35m grading 0.63g/t gold and 4.7 g/t SilverMN14-002 20.05m grading 0.40g/t gold and 5.7 g/t SilverMN14-004 47.00m grading 0.63g/t gold and 4.5g/t silverIncluding 25.6-30.1m (4.5m grading 3.43 g/t Au and 11.0g/t Ag)MN14-007 14.65m grading 0.44g/t gold and 6.2 g/t Silver

MINNESOTA GOLD PROJECTB2GOLD/CALIBRE MINING JOINT VENTURE

Highlight Trench109.6m grading 1.58 g/t Gold

MINNESOTATRENCHING

PRIMAVERA GOLD/COPPER PROJECT RESULTS

*Complete drill results available on Calibre Mining’s website**AuEq (g/t) Gold Equivalent calculated using 1,300/oz gold and $3.00/lb copper

Metallurgical recoveries and net smelter returns are assumed to be 100%.Note: Holes 1-3 Jan. 20, 2012, Holes 4-10 April 16, 2012, holes 11-13 June 28, 2012 holes 14-32 Jan 2013

PRIMAVERA GOLD/COPPER PROJECT CALIBREMINING.COM 20

>800m by 300m gold/copper soil geochemistry anomaly (open) with Additional gold/copper soil geochem anomalies outlined in the 25km2 Primavera porphyry target area.

247.35m @0.43 g/t Au,

0.21% Cu

PR-12-008

261.70m @0.78 g/t Au,

0.30% Cu

PR-11-002159.53m @

0.46 g/t Au, 0.20% Cu

PR-12-011

OPEN TODEPTH

DRILL HOLES PR11-002, PR12-008, PR12-011

2011 NEW GOLD/COPPER DISCOVERY Drill Hole PR11–001

277m grading 0.5 g/t Gold & 0.21 % Cu

Drill Hole From To Length Gold Copper AuEq**(m) (m) (m) (g/t) (ppm) (g/t)

PR-11-001 0.00 276.80 276.80 0.50 2146 0.84

PR-11-002 1.50 263.20 261.70 0.78 2966 1.25

PR -11-003 4.00 327.20 323.20 0.41 1843 0.70

includes 4.00 150.50 146.50 0.65 2742 1.08

PR-12-005 207.50 372.50 165.00 0.31 1713 0.58

PR-12-008 107.65 280.00 172.35 0.48 2401 0.86

PR-12-011 6.95 166.48 159.53 0.46 2008 0.78

PR-12-016 0.00 201.35 201.35 0.77 3567 1.34

PR-12-023 0.00 455.80 455.80 0.20 1138 0.39

PR-12-024 655.60 656.70 1.10 18.28 252 18.33

and 673.00 674.50 1.50 11.95 2373 12.33

PRIMAVERA DRILL RESULTS HIGHLIGHTS*

ROSITA OPTION FORMER SANTA RITA COPPER-GOLD MINE (33.56 km2)Optioned to Rosita Mining Corporation

» Optioned to Rosita Mining - spending C$4.0 million over four years (C$3.5 to date) to earn a 65% stake

» Rosita D concession: 33.6 km2 - 5% of Calibre’s concessions in the Mining Triangle

ROSITA PROJECT CALIBREMINING.COM 21

BambanaSanta Rita

SANTA RITA

R13

» Historic Santa Rita open pit Cu/Au mine: past production 305 M lbs Cu, 177k ozs Au, and 2.6M ozs Ag from 5.9Mt

» 2012 NI 43-101 Inferred Resource at Santa Rita of;7.95 Mt @ 0.62% Cu, 0.46 g/t Au, and 9.2g/t Ag. with 108 M lbs copper, 118 K oz gold and 2.35 M oz of silver

» High grade copper/gold/silver zone identified at Bambanawith 5.21% Cu, 4.40 g/t Au and 144g/t Ag over 12.1 metres

» 2012 – New Copper/Gold/Silver Resource at Santa Rita

» Q3/Q4 2015 Drilling Program

NI 43-101 GOLD/SILVER RESOURCES CERRO AEROPUERTO, LA LUNA & RISCOS 100% CALIBRE OWNED

Calibre Mining Corp. Inferred Resource (using a 0.6 g/t AuEq cutoff grade)

1. *For Cerro Aeropuerto & La Luna Gold Equivalent (Au Eq) calculated using gold price of US$1,058/oz and silver price of US$16.57 /oz and for Riscos a gold price of US$1264/oz and silver price of US$19.78/oz. Assumes metallurgical recoveries and net smelter returns are to be 100%2. Mineral resources that are not mineral reserves do not have economic viability. 3. A base cutoff grade of 0.6 g/t AuEq was used. Riscos estimate used a capping of silver grades at 591 g/t.

a density of 2.65 g/cm3 was applied. Numbers may not add exactly due to rounding.4. * Subject to Option Agreement with IAMGOLD5. * * Subject to Option Agreement with CENTERRA GOLD

NI 43-101 COPPER/GOLD/SILVER RESOURCES AT ROSITAOPTIONED TO ROSITA MINING CORP.Calibre Mining Corp. and Rosita Mining Inferred Resource (using a 0.15% Copper cutoff grade)

1. Base case is reported at a 0.15% copper equivalent cut-off grade which incorporates consideration of mining and processing cost, recoveries, commodity prices and selling cost.2. Estimate assumes a long term copper price of US$2.90/lb, a gold price of US$1,200/oz and a silver price of US$24/oz.3. Rounding as required by NI 43-101 reporting guidelines may result in apparent summation differences.4. Tonnage and grade measurements are in metric units. Contained gold and silver ounces are reported as troy ounces, contained copper pounds as imperial pounds.5. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.6. The quantity and grade of reported inferred mineral resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred mineral resources as indicated or measured mineral resources and it is uncertain if further exploration will result in upgrading them to indicated or measured mineral resources.

CALIBRE MINING NI43-101 INFERRED RESOURCES CALIBREMINING.COM 22

Tonnes and Grade Total OuncesDeposit Tonnes Gold Silver Au Eq1 Gold Silver Au Eq1

(g/t) (g/t) (g/t) (oz) (oz) (oz)Cerro **Aeropuerto 6,052,000 3.64 16.16 3.89 707,750 3,144,500 757,000La Luna * 2,539,000 1.56 14.01 1.78 127,700 1,143,570 146,000Riscos de Oro * 2,159,000 3.20 59.67 4.14 222,300 4,142,000 287,000

1,057,750 8,430,070 1,190,000

Tonnes and Grade Total ResourcesDeposit Tonnes Gold Silver Cu Gold Silver Cu

(g/t) (g/t) (%) (oz) (oz) (lbs)Rosita Stock Piles 7,950,000 0.46 9.2 0.62 118,000 2.35M 108M

Summary» Nicaragua provides a favourable, stable, environment for mining.

» Calibre has Multiple Chances for Success with partnerships with Two Mid-Tier Producers as well as 100% owned Ground

» New gold-skarn discovery at Calibre’s 100% owned Montes de Oro gold project (52.3 m grading 7.1g/t Au MTR13-009); Phase I Drilling start Q2 2015

» IAMGOLD, Centerra Gold, and B2Gold both with Active Exploration Programa. IAMGOLD – Drilling on Eastern Borosi Projectb. Centerra Gold – Drilling on La Luz Projectc. B2Gold – Additional work at Minnesota, Primavera

and Santo Thomas.

» Calibre’s partners to spend up to $12M on exploration over 3 years

INFORMATIONRyan Kingcalibre@calibremining.com(604) 628 1012Calibre Mining Corp.1820-999 West Hastings.Vancouver, BC V6C2W2TSX.V: CXBcalibremining.com

Partnered for

Discovery

>500km 2 of100% owned

Projects

EXPLORATION TIME LINE & NEWS Flow

Calibre Mining Corp.1820-999 West Hastings St.Vancouver, BC V6C 2W2TSX.V: CXBcalibremining.com