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Callinex Mines Inc. (TSXV:CNX,OTCQXCLLXF) announced that the third diamond drill hole of the recently completed program at its Neuron graphite property has intersected the highest grade of graphite mineralization to date, over minable widths. Results from assays confirm 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.
As quoted in the press release:
The 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.
Callinex CEO, Mike Muzylowski, said:
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.
Click here to read the Callinex Mines (TSXV:CNX) press release
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