Assays from Gossan Hill Reveal 30.37 g/t Gold over 1.58 Metres

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[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, March 13, 2012 /CNW/ - Callinex Mines (TSX.V: CNX) (OTCBB:\n CLLXF) is pleased to announce the receipt of the first assay results\n from this season's winter exploration program at its Gossan Hill\n property in Northern Manitoba near Cranberry Portage.\n\n\nIntersections grading 19.88 g/t gold over 2.45 meters, and 3.77 g/t gold\n over 2.39 meters have been assayed in samples from four holes of the\n program. The program has drilled 20 holes to date, and additional assay\n work is being completed.\n\n\nGOS 33 intersected the gold-bearing structure 45 metres down strike from\n previously drilled GOS 30, completed by Callinex in 2011 to intersect\n mineralization grading 4.21 g/t gold over 15.91 meters of core width.\n GOS 34 is the deepest intersection to date for the Gossan Hill Zone,\n which tested the structure 440 meters vertically from surface. GOS 36\n and GOS 41 successfully extended the strike length of the gold bearing\n structure by 180 meters, 300 meters to the South of all previous\n drilling.\n\n\n\n\n\n \n\n\nFrom (m)\n\n\nTo (m)\n\n\nWidth (m)\n\n\nAu (g/t)\n\n\nAg (g/t)\n\n\nGOS 33\n\n\n316.60\n\n\n319.05\n\n\n2.45\n\n\n19.88\n\n\n5.15\n\n\nincl.\n\n\n317.47\n\n\n319.05\n\n\n1.58\n\n\n30.37\n\n\n7.98\n\n\nincl.\n\n\n317.47\n\n\n318.60\n\n\n1.13\n\n\n40.75\n\n\n11.16\n\n\nGOS 34\n\n\n394.40\n\n\n397.30\n\n\n2.90\n\n\n1.77\n\n\n4.97\n\n\n \n\n\n473.82\n\n\n476.21\n\n\n2.39\n\n\n3.77\n\n\n1.27\n\n\nGOS 36\n\n\n152.81\n\n\n156.78\n\n\n3.97\n\n\n2.21\n\n\n15.94\n\n\nincl\n\n\n152.81\n\n\n155.78\n\n\n2.97\n\n\n2.57\n\n\n21.31\n\n\nGOS 41\n\n\n138.54\n\n\n139.21\n\n\n0.67\n\n\n3.26\n\n\n0.00\n\n\n \n\n\n142.00\n\n\n144.70\n\n\n2.70\n\n\n1.71\n\n\n0.00\n\n\n\"Width\" represents core widths. True widths are approximately 60% of core widths.\n\n\n\n\n\nMore targets are being tested both along strike and down plunge of the\n known mineralization. The zone established by drilling at Gossan Hill\n is part of a 6 kilometer shear zone that includes a formerly producing\n gold mine. Two diamond drilling rigs are scheduled to continue work for\n as long as conditions permit.\n\n\nHighlights of last winter's program include grades of 4.60 g/t gold and\n 15.13 g/t silver over 23.81 meters of core width, intersected in hole\n GOS28.\n\n\nCallinex Mines maintained a QA/QC program at all stages of ...

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