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Callinex Mines Intersects 37m of 6% Copper in the Rainbow Deposit located in the Flin Flon Mining District, MB
Highlights: PBM-138 intersected 37m of 6.00% copper, 0.35 g/t gold and 6.13 g/t silver; PBM-133 intersected 7.71m of 2.62% CuEq including 1.70% copper, 0.52 g/t
About this update from Visionary Copper And Gold Mines Inc.
[{"type":"text","content":" Highlights: PBM-138 intersected 37m of 6.00% copper, 0.35 g/t gold and 6.13 g/t silver; PBM-133 intersected 7.71m of 2.62% CuEq including 1.70% copper, 0.52 g/t gold, 8.25 g/t silver and 1.29% zinc; and One drill is currently testing the up plunge extent of the Rainbow Deposit to surface. VANCOUVER, BC, Sept. 7, 2021 /CNW/ - Callinex Mines Inc. (the \"Company\" or \"Callinex\") (TSXV: CNX) (OTC: CLLXF) is pleased to announce additional drill results from the ongoing 30,000m drilling campaign to expand the high-grade copper, gold, silver and zinc Rainbow Deposit (the \"Rainbow\"). The Rainbow is located at the 100% owned Pine Bay Project within a mineral lease, less than 250m from a high-voltage hydroelectric power-line and 550m from a historic shaft with direct road access to processing facilities in Flin Flon, MB (District Overview Map). PBM-138 intersected the Orange Zone and returned 37.0m of 6.00% copper (\"Cu\"), 0.35 g/t gold (\"Au\"), 6.13 g/t silver (\"Ag\"), 0.09% zinc (\"Zn\") or 6.33% copper equivalent (\"CuEq\") including two high-grade one meter intervals which returned over 18% Cu (Rainbow Drill Core Photo) . PBM-138 is located 210m vertically above and along strike to the north of PBM-129-W2 which intersected 67.0m of 2.73% Cu and a 34m step-out from PBM-131 which intersected 20.53m of 2.58% Cu (Orange Zone Grade/Width Contour Long Section) (See News Release Dated June 30, 2021). Max Porterfield, President and CEO, stated, \"We continue to be impressed with assay results coming out of the Rainbow as Callinex expands the high-grade copper deposit. The Company recently mobilized one of the two drill rigs to define how close the Rainbow deposit comes to surface. To date the Rainbow deposit has been intersected from 300m vertical depth down to 890m.\" Additionally, PBM-133 intersected the Orange Zone with 2.62% CuEq over 7.71m (1.70% Cu, 0.52 g/t Au, 8.25 g/t Ag and 1.29% Zn) including 3.21m of 3.48% Cu, 0.70 g/t Au, 12.18 g/t Ag and 0.98% Zn (Rainbow Deposit Long Section). Two drill holes, PBM-135 and PBM-136, were drilled to test the down plunge extent of mineralization below discovery hole PBM-111, the deepest intersection to date at the Rainbow. Drill holes PBM-135 and PBM-136 have been interpreted to have gone above and below the plunge line. Additional drilli...