VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2012) - Calibre Mining Corp. (TSX VENTURE:CXB) (the "Company" or "Calibre") has granted 4,475,000 stock options at a price of $0.49 per share for a period of five years to officers, directors and consultants of the Company. These options are subject to regulatory approval and are granted under the company's stock option plan and include vesting provisions.

About Calibre Mining Corp.

Calibre Mining Corp. is a, TSX Venture Exchange listed company (TSX VENTURE:CXB) that is focused on the acquisition, exploration and development of gold and silver deposits in Central America. The Company is focused on a delineation drill program at its 100% owned Riscos de Oro gold-silver project, the drilling program at the Primavera gold-copper prospect in conjunction with B2 Gold Corp. and the drilling program on the Rosita copper-gold-silver project in conjunction with Alder Resources Ltd. Major shareholders of Calibre include gold producer Yamana Gold Inc. and investment fund Sun Valley Gold.

Calibre Mining Corp.

Douglas Forster, M.Sc., P.Geo., Chairman