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Callinex Mines Intersects 13.0 Meters of 5.7% Zinc Equivalent Mineralization at Nash Creek in New Brunswick
Highlights Drill hole NC17-260 expanded the Nash Creek Deposit laterally and intersected 13.0m of 5.7% Zn Eq. starting at a depth of 72.0m including 5.0m of 11.
About this update from Visionary Copper And Gold Mines Inc.
[{"type":"text","content":"Highlights Drill hole NC17-260 expanded the Nash Creek Deposit laterally and intersected 13.0m of 5.7% Zn Eq. starting at a depth of 72.0m including 5.0m of 11.8% Zn Eq.; High-grade mineralization intersected in hole NC17-260 is open for further expansion to the west and northwest towards the MacMillan Zone; and Drill hole NC17-254 intersected 9.0m of 7.7% Zn Eq. at a starting depth of 49.0m and confirmed continuity between the northern expansion of the Nash Creek Deposit. VANCOUVER, Jan. 29, 2018 /CNW/ - Callinex Mines Inc. (the \"Company\" or \"Callinex\") (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce assay results from three drill holes as part of the recently completed 35 drill hole campaign at the Company's 100% owned Nash Creek Project located within the Bathurst Mining District of New Brunswick (See Figures 1, 2 and 3). All three drill holes intersected significant mineralization with two of the holes intersecting high-grade, near-surface zinc mineralization. Drill hole NC17-260 expanded the Nash Creek Deposit laterally and intersected 13.0m of 5.7% zinc equivalent mineralization (\"Zn Eq.\") starting at a depth of 72.0m including 5.0m of 11.8% Zn Eq. (See Table 1). Drill hole NC17-254 was completed to confirm continuity between the northern expansion of the Nash Creek Deposit and the extent of the current mineral resource (See Figure 3). This hole intersected 9.0m of 7.7% Zn Eq. at a starting depth of 49.0m and demonstrated a robust zone of mineralization with all samples grading in excess of 4.0% Zn Eq. High-grade mineralization intersected in hole NC17-260 is open for further expansion to the west and northwest towards the MacMillan Zone (See Figure 3). The MacMillan Zone is interpreted to be located along a mineralized fault that also hosts the Hayes Zone located 1 km to the south. The MacMillan Zone is one of five mineralized zones at the Nash Creek Project, two of which host the current mineral resource estimate (See Table 2). The most significant results from limited drilling at the MacMillan Zone were reported to include*: DDH #11 - 8.5m of 7.1% Zn Eq. (6.5% Pb, 0.9% Zn and 22.6 g/t Ag); DDH #12 - 6.2m of 10.5% Zn Eq. (6.5% Pb, 3.4% Zn and 46.3 g/t Ag); and CM-2 - 8.5m of 7.1% Zn Eq. (3.3% Zn, 3.8% Pb, 20.0 g/t Ag) and 8.8m of 5.4 Zn Eq. (3.2% Zn, 2.0% Pb and 20.3 gt Ag). *The drill results are hist...