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Callinex Confirms New Zinc Deposit at Superjack and Provides Exploration Update
Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that drill hole SJ17-88 intersected 1.9m of massive sulphides grading 8.0% zinc equivalent (“Zn Eq.”) mineralization (6.1% Zn, 1.0% Pb, 0.1% Cu and 35 g/t Ag) in the newly discovered D Zone at the Superjack Project located in the Bathurst Mining …
Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that drill hole SJ17-88 intersected 1.9m of massive sulphides grading 8.0% zinc equivalent (“Zn Eq.”) mineralization (6.1% Zn, 1.0% Pb, 0.1% Cu and 35 g/t Ag) in the newly discovered D Zone at the Superjack Project located in the Bathurst Mining District of New Brunswick (See Table 1). This intersection occurs approximately 100m vertically below drill hole SJ17-90 that discovered the D Zone with 2.7m of massive sulphides grading 6.2% Zn Eq. (4.4% Zn, 0.9% Pb, 0.3% Cu and 18 g/t Ag) at a down-hole depth of 40.4m (See News Release dated September 19, 2017). These two mineralized intersections appear to be the only drill holes that have tested the D zone horizon. Further drilling is planned to test off-hole targets and test the strike and depth extent of the new zone, which is wide open along strike and at depth.
As quoted in the press release:
Highlights
Drill hole SJ17-88 intersected 1.9m of massive sulphides grading 8.0% zinc equivalent mineralization in the newly discovered D Zone at the Superjack Project;
A recently completed 44km surface pulse electromagnetic survey indicates there may be potential to expand mineralization at depth and along strike; and
A total of 31 drill holes have been recently completed at the nearby Nash Creek Project where drilling is ongoing
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