Callinex Intersects 5.00m of 10.63% CuEq and 5.40m of 4.43% CuEq In Manitoba
ADVERTISEMENT
The Assay - Mining investment news, insights and company profiles
Mining investment news, insights and company profiles
No Result
View All Result
Subscribe
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Assay Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
The Assay - Mining investment news, insights and company profiles
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Assay Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners
No Result
View All Result
Subscribe
The Assay - Mining investment news, insights and company profiles
No Result
View All Result
Home Uncategorized

Callinex Intersects 5.00m of 10.63% CuEq and 5.40m of 4.43% CuEq In Manitoba

byThe Assay
2 years ago
Reading Time: 2 mins read
Callinex Intersects 5.00m of 10.63% CuEq and 5.40m of 4.43% CuEq In Manitoba

65m Step-Out A Success At Rainbow Discovery

Callinex Mines Inc. (TSXV: CNX) (OTC: CLLXF) has intersected high-grade copper results with gold, silver and zinc from the ongoing drilling campaign to expand the Rainbow Discovery at the 100% owned Pine Bay Project located in the Flin Flon Mining District of Manitoba.

The Rainbow Discovery has been made on Callinex’s mineral lease, less than 250m from a high-voltage power-line and 550m from a historic shaft with direct road access to processing facilities in Flin Flon.

Drill hole PBM-113-W1 intersected the following two high-grade intersections 65m above PBM-113 and 190m away (along strike and above) from discovery hole PBM-111 (Orange Zone Core Photo, Rainbow Discovery Long Section and Cross Section):

  • Orange Zone returned: 5.00m of 10.63% copper equivalent (CuEq) comprising of 8.79% copper, 1.38 g/t gold, 24.02 g/t silver and 1.79% zinc; and
  • Yellow Zone returned: 5.40m of 4.43% CuEq comprising of 3.22% copper, 0.61 g/t gold, 10.43 g/t silver and 1.84% zinc including 2.10m of 8.75% CuEq comprising of 6.96% copper, 1.11 g/t gold, 21.15 g/t silver and 2.23% zinc.

“The exceptional high-grade drill results announced to date make Rainbow a bonafide discovery within the Flin Flon Mining District,” Max Porterfield, President and CEO, stated.

“Our technical team has been credited with the discovery of three of the four largest mines ever discovered in the Flin Flon Greenstone Belt.

“Together, we believe the Rainbow Discovery has the potential to extend Flin Flon’s rich mining history and in turn benefit our shareholders.”

The previous step-out hole drilled into the Rainbow Discovery, PBM-113, intersected 5.00m of 8.35% copper equivalent (CuEq) (8.08% Cu, 0.20 g/t Au, 10.55 g/t Ag and 0.13% Zn) followed by 4.0m of 2.31% CuEq (2.21% Cu, 0.09 g/t Au, 2.28 g/t Ag and 0.04% Zn) and interval of 9.06m of 3.72% CuEq (2.37% Cu, 0.70 g/t Au, 7.00 g/t Ag and 2.10% Zn).

Currently, two rigs are drilling step-out holes as the company delineates the Rainbow Discovery.  Drill hole PBM-115 is currently being drilled to test ~75m along strike to the north of PBM-113. 

Additionally, a second wedge, PBM-113-W2, has been started off PBM-113 to intersect ~60M vertically above PBM-113-W1. The two drill rigs will continue to operate to delineate the Rainbow Discovery until mid-December for a brief holiday break and resume drilling in early January 2021.

Tags: CopperExplorationGoldManitobaSilverTSXV:CNX
TweetShareSend
Previous Post

Sierra Metals Significantly Increases Cusi Silver Mine MRE

Next Post

Bardoc Has Further Drilling Success At 1.7Moz Aphrodite Deposit

Related Posts

Ascot Resources Publishes 2022 Sustainability Report
News

Ascot Resources Publishes 2022 Sustainability Report

byKatie Gordon, Business Reporter - The Assay
27 March, 2023
Great Boulder Achieves More ‘Spectacular’ RC Results at Mulga Bill
News

Great Boulder Achieves More ‘Spectacular’ RC Results at Mulga Bill

byColin Sandell-Hay, Contributor - The Assay
27 March, 2023
92E Hits High-Grade Mineralization and Extends Gemini Uranium Discovery
News

92E Hits High-Grade Mineralization and Extends Gemini Uranium Discovery

byColin Sandell-Hay, Contributor - The Assay
27 March, 2023
Sipa and Rio Agree on 2023 Paterson North Exploration Programme
News

Sipa and Rio Agree on 2023 Paterson North Exploration Programme

byColin Sandell-Hay, Contributor - The Assay
27 March, 2023
Voltaic Confirms Promising Maiden REE Drilling at Paddys Well
News

Voltaic Confirms Promising Maiden REE Drilling at Paddys Well

byColin Sandell-Hay, Contributor - The Assay
27 March, 2023
Ragusa Commences NT Lithium Project Diamond Drilling
News

Ragusa Commences NT Lithium Project Diamond Drilling

byColin Sandell-Hay, Contributor - The Assay
27 March, 2023
Next Post
Bardoc Has Further Drilling Success At 1.7Moz Aphrodite Deposit

Bardoc Has Further Drilling Success At 1.7Moz Aphrodite Deposit

Popular Articles

  • The Rise and Rise of Indonesian HPAL – But Can It Continue?

    The Rise and Rise of Indonesian HPAL – But Can It Continue?

    0 shares
    Share 0 Tweet 0
  • The Assay Guide to Palladium vs Platinum

    0 shares
    Share 0 Tweet 0
  • Zinc Mining & Market Outlook 2022-2025

    0 shares
    Share 0 Tweet 0
  • For Rare Earths It’s All About the Magnets

    0 shares
    Share 0 Tweet 0
  • The Assay’s Guide to Manganese Mining and Production

    0 shares
    Share 0 Tweet 0
  • Home
  • News
  • Articles
  • Investor Discussions
  • CEO Interviews
  • Company Profiles
  • Newsletter
  • Magazine
  • About Us
  • Our Team
  • Contact Us
Hyve logo

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Policy
Cookies
Hong Kong Residents Privacy Statement

© 2023 The Assay

No Result
View All Result
  • Home
  • News
    • All News
    • Gold
    • Silver
    • Copper
    • Nickel
    • Lithium
    • Precious Metals
    • Base Metals
    • Battery Metals
    • Exploration
    • Development
    • Production
  • Articles
  • Assay Insights
  • Videos
    • CEO Interviews
    • Investor Panels & Presentations
  • Company Profiles
  • Magazine
  • Newsletter
  • 121 Mining Investment
  • About
    • About Us
    • Our Team
    • Contact Us
    • Partners

Please note: This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine are not, and should not be construed as, an offer to buy or sell, or as a solicitation of an offer to buy or sell, any regulated products, securities or investments. This Web site and The Assay Magazine do not, and should not be construed as acting to, sponsor, advocate, endorse or promote any regulated products, securities or investments. This Web site and The Assay magazine and the information and materials on this Web site and in The Assay magazine do not, and shall not be construed as, making any recommendation or providing any investment or other advice with respect to the purchase, sale or other disposition of any regulated products, securities or investments, including, without limitation, any advice to the effect that any mining or metals related transaction is appropriate or suitable for any investment objective or financial situation of a prospective investor. A decision to invest in any regulated products, securities or investments should not be made in reliance on any of the information or materials on this Web site or in The Assay magazine. Before making any investment decision, prospective investors should seek advice from appropriately qualified and licensed financial, legal, tax and accounting advisers, take into account their individual financial needs and circumstances and carefully consider the risks associated with such investment decision.

Privacy Policy
Cookies
Hong Kong Residents Privacy Statement

© 2023 The Assay

Go to mobile version