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Callinex Mines Intersects Extensive Near-Surface Zinc Mineralization at Nash Creek in New Brunswick
Highlights Drill Hole NC-249, the northernmost hole, intersected extensive mineralization including 53.8m of 2.8% Zn Eq. starting at a depth of 18.5m including
About this update from Visionary Copper And Gold Mines Inc.
[{"type":"text","content":"Highlights Drill Hole NC-249, the northernmost hole, intersected extensive mineralization including 53.8m of 2.8% Zn Eq. starting at a depth of 18.5m including higher grade intervals; These drill four holes have expanded the lateral extent of the northernmost area of the Nash Creek Deposit up to 260m; and Plans to delineate the extent of the Nash Creek Deposit along strike in both directions along a 3 km long zinc-lead soil anomaly, of which only the southern 2 km has been drilled. VANCOUVER, Jan. 22, 2018 /CNW/ - Callinex Mines Inc. (the \"Company\" or \"Callinex\") (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce assay results from four drill holes as part of the recently completed 35 drill hole campaign at the Company's 100% owned Nash Creek Deposit located within the Bathurst Mining District of New Brunswick (See Figures 1, 2 and 3). Three of these four drill holes expanded the Nash Creek Deposit to the northwest of recently reported drill holes NC17-248, NC17-255, NC17-257 and NC17-269 (See News Release dated January 18, 2018). Drill Hole NC-249, the northernmost hole, intersected extensive mineralization including 53.8m of 2.8% Zn Eq. starting at a depth of 18.5m including two separate higher-grade intervals of 11.5m of 5.1% Zn Eq. and 10.7m of 4.0% Zn Eq. within 60m of surface (See Figures 4 and 5). These drill holes have expanded the lateral extent of the northernmost area of the Nash Creek Deposit up to 260m (See Figure 2 and 3). Highlights from these drill holes include: Hole NC17-246 intersected 12.0m of 3.9% Zn Eq. from a starting depth of 44.1m including 8.4m of 5.3% Zn Eq. along with a separate intersection of 3.3m grading 4.4% Zn Eq. at a starting depth of 84.7m; Hole NC17-247 intersected 7.0m of 1.9% Zn Eq. at a starting depth of 82.0m including 1.0m of 6.1% Zn Eq.; and Hole NC17-249 intersected 53.8m of 2.8% Zn Eq. including 11.5m of 5.1% Zn Eq. at a starting depth of 18.5m including 11.5m of 5.1% Zn Eq. and 10.7m of 4.0% Zn Eq. Max Porterfield, President and CEO, stated, \"The impressive width of mineralization intersected indicates potential to build additional tonnage in the northern expansion of the Nash Creek Deposit. Furthermore, the depth of this mineralization combined with higher grade zones could add significant value to the upcoming PEA.\" Callinex plans to delineate the extent of the Nash...