Business
Callinex Commences Drilling to Test Highly Conductive Anomalies in the Flin Flon Mining District of Manitoba
Highlights: 2020 Flin Flon drilling campaign underway to drill test two targets, totaling up to 1,500m at the Pine Bay Project; Drilling to follow up on recentl
About this update from Visionary Copper And Gold Mines Inc.
[{"type":"text","content":" Highlights: 2020 Flin Flon drilling campaign underway to drill test two targets, totaling up to 1,500m at the Pine Bay Project; Drilling to follow up on recently identified highly conductive borehole electromagnetic anomalies off-hole from sulphide stringers that include copper, zinc, gold and silver mineralization; and These anomalies are interpreted to occur within the same mine horizon that hosts the Sourdough VMS deposit and the past producing Centennial Mine. VANCOUVER, BC, July 21, 2020 /CNW/ - Callinex Mines Inc. (the \"Company\" or \"Callinex\") (TSXV: CNX) (OTC: CLLXF) is pleased to announce that it has commenced its 2020 summer drilling campaign (the \"Campaign\") at its Pine Bay Project (the \"Project\") located 16km away from processing facilities in the Flin Flon Mining District of Manitoba (See Figure 1). The Campaign will complete up to 1,500m of drilling at the Project to test two newly identified Borehole Pulse Electromagnetic anomalies (\"BPEM\") (See News Release dated June 23, 2020). These anomalies are interpreted to be off-hole from sulphide stringers that include copper, zinc, gold and silver mineralization and within the known Centennial mine horizon, which hosts the Sourdough VMS deposit and the past producing Centennial Mine, located 4 and 7 kilometres respectively to the south of the untested BPEM anomalies (See Figure 2 and Figure 3). A BPEM survey completed in drill hole PBM-033 identified Anomaly A, a highly conductive 260m by 600m anomaly possessing a conductivity thickness (\"CT\") of 450 siemens (See Figure 4). In addition, a subsequent BPEM survey completed on hole PBM-037 identified Anomaly B which is modeled to be 200m by 500m with a CT of 350 siemens (See Figure 5). Any EM conductor with a strike extent over 100m and a CT of over 100 siemens within a known mine horizon is regarded as a highly prospective target within the Flin Flon Mining District. Anomalies A and B are interpreted to occur off-hole and within the same plane as the disseminated to semi-massive sulphide stringers intersected by PBM-037. Drill hole PBM-037 intersected chlorite-altered rhyodacite flow-hosted, coarse red-brown sphalerite and chalcopyrite-bearing sulphide stringers between 945.8m and 946.8m in a setting typical of a footwall alteration zone (See Core Photo 1). Red-brown sphalerite often is an ...