Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce results from four drill holes completed at the Company’s 100% owned Nash Creek Project located within the Bathurst Mining District of New Brunswick (See Figures 1 and 2). Hole NC17-245 was drilled approximately 20m from historic drill hole NC79-06 that had only one 1.3m sample taken which assayed 2.2% Zn and 0.4% Pb (See Figure 3).
As quoted in the press release:
Max Porterfield, President and CEO, stated, “It is becoming evident that there is a significant opportunity to expand the size and grade of the Nash Creek Deposit by conducting additional drilling within and outside the limits of the current mineral resource. Discovering additional mineralization within a conceptual open pit should improve the economics of the project in an upcoming Preliminary Economic Assessment.”