Mineralized Zone Extended at Callinex Mines’ Coles Creek-Troitsa Property

Callinex Mines (TSXV:CNX,OTCQX:CLLXF) announced the recent completion of an exploration program at Coles-Troitsa property in Northern British Columbia near Houston, and reported drill results from the Troitsa copper and molybdenum zone, as well as the discovery of a new molybdenite showing.

In total, three drill holes were completed on the Troitsa property, for a total of 1,006 metres of core length. Drill hole TR12-09 successfully intersected a chargeability anomaly defined by the 3D-IP survey conducted by Callinex in 2011. The drill hole was collared 82 metres behind drill hole TR11-07, which intersected 82.06 metres grading 0.326% copper, including 20.32 metres grading 0.662% copper (please see Callinex’s press release November 16, 2011).

TR12-09 encountered copper mineralization through its entire 264 metres of core length. The mineralization and geology encountered in the hole extends the classic calc-alkaline porphyry style deposit identified last year. Stockworks of quartz veinlets and veins are present along with closely spaced fractures and breccias containing pyrite and chalcopyrite with lesser molybdenite in an altered granodiorite host.

Click here to read the Callinex Mines (TSXV:CNX,OTCQX:CLLXF) press release