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    gold investing

    Callinan Mines Provides Update on Coles Creek Program

    Written by Melissa Pistilli
    |
    Oct. 12, 2010 12:36PM PST

    Field crews have completed the 2010 exploration program at Callinan Mines (CVE:CAA) wholly owned Coles Creek property near Houston, BC. A total of 20 diamond drill holes were completed to test structures identified by geophysics and by previous drilling. Activity was centered on a newly discovered volcano-sedimentary structure exhibiting well mineralized intersections of sphalerite, galena, […]

    Field crews have completed the 2010 exploration program at Callinan Mines (TSXV:CAA) wholly owned Coles Creek property near Houston, BC.

    A total of 20 diamond drill holes were completed to test structures identified by geophysics and by previous drilling. Activity was centered on a newly discovered volcano-sedimentary structure exhibiting well mineralized intersections of sphalerite, galena, pyrite, native gold and silver, and a high incidence of tellurides. Core from the program is being split and logged on site and sent to Acme Labs of Vancouver, BC for assay. Previously reported diamond drill hole COLE 28 intersected a 21.25 meter section grading 3.368 g/mt gold, 15.33 g/mt silver, 2.04% zinc and 0.15% lead in the volcanoclastic sedimentary breccia material that hosts the relevant mineralization.

    Click here for the entire press release

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