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Callinex Mines Provides Exploration Update for its Nash Creek Zinc Project
VANCOUVER, July 5, 2018 /CNW/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to provide an update on its upcoming exp
About this update from Visionary Copper And Gold Mines Inc.
[{"type":"text","content":" VANCOUVER, July 5, 2018 /CNW/ - Callinex Mines Inc. (the \"Company\" or \"Callinex\") (TSXV: CNX) (OTCQX: CLLXF) is pleased to provide an update on its upcoming exploration program at the Company's 100% owned Nash Creek Zinc Project (the \"Project\") located in the Bathurst Mining District of New Brunswick, Canada (See Figures 1 and 2). The upcoming exploration campaign is anticipated to include approximately 20 to 40 drill holes totaling 3,500 to 7,000m along and up to 160 line km of ground induced polarization (\"IP\") surveys. The primary focus of the exploration campaign will be to test potential for satellite zinc-lead-silver deposits periphery to the Nash Creek Deposit (See Table 1), where limited drilling has occurred outside of the Hickey and Hayes zones (See Figure 3). The diamond drilling phase of the campaign is anticipated to commence next week and the ground IP surveys will follow soon after. There are six main target areas that surround the Nash Creek Deposit and include: Hayes South, Hayes North, Hickey East, NW Soil Anomaly, Hickey North and the Central Zone (See Figure 3). The Hayes South exploration area will test the southeast extension of the Hayes Zone, which represents one of the highest grade and widest mineralized zones discovered to date at the Project. Drilling will test the down-plunge portion of the the Hayes Zone which has potential for an underground operation to follow the open-pit mining scenario outlined in the 2018 Preliminary Economic Assessment (\"PEA\"). The Hayes North Expansion will consist of a few drill holes to test a gap along the Hayes Fault that hosts the Hayes Zone and the historic McMillan Zone. Mineralization in the Hayes and McMillan zones occur within the felsic volcanic rocks whereas the mafic volcanic rocks host the Hickey Zone. There is an approximate 900m long by 250m wide gap in drilling between the Hayes and McMillan zones along the Hayes Fault (See Figure 3). The Hickey East expansion will be completed to expand drill coverage along a 250m long by 200m wide untested portion of an IP target (See Figure 3). The majority of this IP target has already been drilled and represents relatively higher grade zinc and lead mineralization within the Hickey Zone. The Company is working towards submission of a permit application to access this target area. The NW Soil Anomaly target co...