Callinex Issues Letter to Shareholders

About this update from Visionary Copper And Gold Mines Inc.

[{"type":"text","content":"\n\n\n\nCallinex Issues Letter to Shareholders\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Jan. 3, 2018\n\n\n\nVANCOUVER, Jan. 3, 2018 /CNW/ - Callinex Mines Inc. (the \"Company\" or \"Callinex\") (TSX-V: CNX; OTCQX: CLLXF) is pleased to provide its year-end letter to shareholders from President and CEO, Max Porterfield:\n\nDear Shareholders,\n\nI want to thank you on behalf of our entire team for your continued support of the Company.  In 2017 we completed nearly 20,000m of diamond drilling within our zinc-rich project portfolio marking the busiest year in the history of the Company. Callinex aggressively moved forward its advanced-stage assets in the Bathurst Mining District supported by the robust zinc market where the price rose by 29% in 2017, further building on a 60% increase from 2016.\n\nA milestone in 2017 was the completion of a maiden drilling campaign at the Nash Creek Project, which culminated with the major expansion of the Nash Creek Deposit to the north. The success of this program led to an expanded drilling campaign that concluded just before the holiday season. While we await assay results from the most recent campaign, which consists of 35 holes, we are encouraged that the deposit remains open for continued expansion in the New Year. The most recent round of drilling was completed to expand the deposit up to 700m north of the mineral resource, which exists over a 1.4 km strike length.\n\nWork completed this year has demonstrated that the Nash Creek Deposit is materially larger than when the Company first acquired it. While our initial focus has been to continue to expand the deposit to the north, we believe there is strong exploration potential in all directions. Additionally, the Central Zone, located 1.6 km to the east where historic drilling has intersected zinc mineralization in widely-spaced drill holes, could host a significant resource with additional drilling.\n\nBased upon initial exploration success at the Nash Creek Deposit, the Company aggressively expanded the land package to nearly 10,000 ha to eff...

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