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Callinex Drill Results Extend Mineralized Zone at Gossan Hill property Manitoba
VANCOUVER, May 10, 2013 /CNW/ - Callinex Mines (TSX.V-CNX) (OTCQX-CLLXF) is pleased to anno...
About this update from Visionary Copper And Gold Mines Inc.
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, May 10, 2013 /CNW/ - Callinex Mines (TSX.V-CNX) (OTCQX-CLLXF)\n is pleased to announce that it has recently completed an exploration\n program at its wholly owned Gossan Hill property in Manitoba, near the\n past producing Gurney Gold mine.  The drill program was carried-out\n during the month of March and consisted of six drill holes totaling\n 1,499m. The program objectives were to test the extent of\n mineralization along strike on the western (GOS066, GOS067) and eastern\n flanks (GOS069, GOS070) of the Gossan Hill Zone, and at depth\n (GOS068).  A modeling of data from the 2012 program had indicated that\n previously drilled GOS056 appeared to have stopped short of the main\n gold-bearing zone. Consequently, GOS056 was deepened as part of the\n 2013 program intersecting the main zone for a core width of 3.75\n metres, at a grade of 3.41 grams per tonne.\n\n\nThe results display good grades over widths amenable to current mining\n methods.  Drill hole GOS067 displays the best result with an interval\n of 4.70 metres grading 12.99 g/t gold. This interval extends the gold\n bearing shear zone an additional 50 metres to the west, and suggests\n further drilling warranted in this area. The deepening of GOS056\n (previously thought to have stopped short of the zone) assayed 3.41g/t\n gold over 3.75 metres. Drill holes GOS069 and GOS070 were drilled at\n the easternmost extent and show good alteration; however, the altered\n and mineralized zone was faulted-off.\n\n\nTable 1:\n\n\nDDH\n\n\nFrom (m)\n\n\nTo (m)\n\n\nGold (g/t)\n\n\nCore Width (m)\n\n\nGOS056*\n\n\n448.25\n\n\n452.00\n\n\n3.41\n\n\n3.75\n\n\nGOS066\n\n\n130.75\n\n\n132.50\n\n\n1.95\n\n\n1.75\n\n\nGOS066\n\n\n142.00\n\n\n143.80\n\n\n3.44\n\n\n1.80\n\n\nGOS067\n\n\n104.00\n\n\n108.70\n\n\n12.99\n\n\n4.70\n\n\nGOS068\n\n\n720.00\n\n\n722.50\n\n\n1.86\n\n\n2.50\n\n\nGOS069\n\n\n107.00\n\n\n112.00\n\n\n1.44\n\n\n5.00\n\n\nGOS069\n\n\n123.50\n\n\n127.00\n\n\n1.12\n\n\n3.50\n\n\nGOS069\n\n\n161.50\n\n\n162.00\n\n\n1.59\n\n\n0.50\n\n\nGOS070\n\n\n162.00\n\n\n163.00\n\n\n1.74\n\n\n1.00\n\n\n*2012 drill hole, deepened in 2013.\n\nWidths represent drill core lengths. True widths are unknown at this\n time.\n\n\nThe gold mineralization is observed within a shear zone at the contact\n between mafic volcanics and intrusive rocks with intense ...