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Grades of up to 60.38% Carbon Graphite Confirmed At Callinex' Neuron Property
VANCOUVER , April 25, 2014 /CNW/ - Callinex Mines Inc. (CNX-TSX.V) ( CLLXF – OTCQX...
About this update from Visionary Copper And Gold Mines Inc.
[{"type":"text","content":"\n\nVANCOUVER, April 25, 2014 /CNW/ - Callinex Mines Inc. (CNX-TSX.V) ( CLLXF – OTCQX) is pleased to announce that the third diamond drill hole of their recently completed campaign at their Neuron graphite property has intersected the highest grade of graphite mineralization to date, over minable widths. \n\nAssays have confirmed that diamond drill hole NEU003 contains a 4.10 meter section grading 60.38% carbon graphite, which is part of a larger 56.00 meter intersection grading 5.91% carbon graphite.\n\nThe mineralized zone in NEU003 begins only 17.20 meters below surface, consisting of disseminated to solid mineralization in various concentrations, to a depth of 117.5 meters. The hole was drilled 20 metres from recently reported diamond drill holes NEU001 & NEU002, oriented at 102° and dipping at -70°. With the benefit of this intersection, Callinex' exploration team will be able to model the strike and dip of the rich graphitic intervals, and better delineate the orientation of the horizon. \n\nCompany Chairman and CEO Mike Muzylowski expressed satisfaction with the continuing emergence of this structure: \"What we have uncovered here at Neuron appears to be unique. The high carbon content, coupled with large flake size is exactly what we had hoped for when we staked this area. The mineralization appears to be shallow and gently dipping.\"\n\nThe Neuron Property is located in Northern Manitoba near Thompson. A hydro-electric dam operated by the Manitoba Government is on the company's mineral tenure, and 220 kV power lines run the length of the 43,000 hectare property. As previously reported, preliminary analysis of the project's mineralogy by SGS labs determined that the mineralization occurs in coarse polycrystalline aggregates and layers, forming fine to coarse flakes ranging from 100 μm (micrometres) to 2 millimetres. Results from tests designed to suitably determine the liberation characteristics of the material are forthcoming.\n\nTable 1 illustrates the most significant sections of NEU003.\n\n\n\n\nDDH\n\n\nFrom (m)\n\n\nTo (m)\n\n\nWidth\n\n\nCg%\n\n\n\nNEU003\n\n\n17.20\n\n\n22.00\n\n\n4.80\n\n\n4.49\n\n\n\nNEU003\n\n\n24.90\n\n\n30.90\n\n\n6.00\n\n\n4.27\n\n\n\nNEU003\n\n\n61.50\n\n\n117.50\n\n\n56.00\n\n\n5.91\n\n\n\nIncluding\n\n\n61.50\n\n\n65.60\n\n\n4.10\n\n\n60.38\n\n\n\nIncluding\n\...