NEW BRUNSWICK – Vancouver-based
Callinex Mines has released the results of its recently completed drilling campaign at its Nash Creek zinc project 20 km west of Belledune.
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The drilling was done to expand the deposit laterally and along strike to the north. Hole NC17-263 intersected 11.8 metres of 3.9% zinc equivalent, expanding the deposit to the east. Hole NC17-278 cut three separate near surface zones, including 10.0 metres of 3.6% ZnEq and 9.0 metres of 3.3% ZnEq. The northernmost hole of the program, NC17-280, intersected 4.1 metres of 4.6% ZnEq.
Callinex recently raised $1.5 million by issuing flow-through shares. The company will continue to drill Nash Creek along strike in both directions, as only 2 km of a 3-km-long zinc-lead soil anomaly that hosts the deposit has been tested.
Callinex plans to complete a 43-101 resource estimate in March. Watch for it at
www.Callinex.ca.
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