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Callinex Mines Identifies Highly Conductive Anomalies on Known Mine Horizon in the Flin Flon Mining District of Manitoba
Highlights: Multiple highly conductive anomalies identified off-hole from sulphide stringers that include copper, zinc, gold and silver mineralization; These an
About this update from Visionary Copper And Gold Mines Inc.
[{"type":"text","content":" Highlights: Multiple highly conductive anomalies identified off-hole from sulphide stringers that include copper, zinc, gold and silver mineralization; These anomalies are interpreted to occur within the Centennial mine horizon, which hosts the past producing Centennial Mine and the Sourdough VMS deposit; and The location, modeled size and conductivity of these anomalies represent an exceptional exploration opportunity that warrants immediate follow-up. VANCOUVER, BC, June 23, 2020 /CNW/ - Callinex Mines Inc. (the \"Company\" or \"Callinex\") (TSXV: CNX) (OTC: CLLXF) is pleased to announce results from its 2019/2020 drilling campaign (the \"Campaign\") at its Pine Bay Project (the \"Project\") located 16 km away from processing facilities in Flin Flon, Manitoba (See Figure 1). The Campaign encompassed 5,906m of diamond drilling at the Project to test eight target areas that have the potential to host high-grade zinc, copper, gold and silver-rich Volcanogenic Massive Sulphide (\"VMS\") deposits. The target areas were generated from a recently completed Induced Polarization (\"IP\") and magnetic survey completed along favourable geologic trends. Subsequent borehole pulse electromagnetic surveys (\"BPEM\") completed as part of the vectoring process identified highly conductive anomalies off-hole from sulphide stringers that include copper, zinc, gold and silver mineralization (See Figure 2 and Figure 3). These anomalies are interpreted to occur within the Centennial mine horizon, which hosts the past producing Centennial Mine and the Sourdough VMS deposit located 7.5 kms and 4 kms to the south (See Figure 4 and Figure 5). Max Porterfield, President and CEO of Callinex, stated, \"We are eager to drill test the newly identified BPEM anomalies as soon as possible. We are optimistic, based on the geologic location, size and conductivity, that these anomalies have the potential to represent Flin Flon's next discovery.\" Mr. Porterfield continued, \"The introduction of Induced Polarization to our exploration toolset and reinterpretation of historic data has proven to be exceptionally valuable as our team vectors towards a discovery. Electromagnetics is the best geophysical tool for directly vectoring to high-grade base and precious metals rich massive sulphide mineralization in the Flin Flon Greenstone Belt.\" Target Are...