Canadian Mining Journal

News

ZINC: Callinex finds 10% Zn and expands Nash Creek deposit



The Nash Creek and Superjack projects belonging to Callinex in the Bathurst Mining Camp. (Image: Callinex Mines)

NEW BRUNSWICK – The Bathurst Mining Camp continues to reward those who drill it. This time the company is Callinex Mines of Vancouver, and the rewards are to be found in the near surface Nash Creek zinc deposit.

Here are some highlights:

  • Hole NC17-257 returned a 15.0-metre intersection grading 7.2% zinc equivalent including 9.0 metres of 11.1% ZnEq from a starting depth of 113.0 metres; and
  • Hole NC17-255 intersected 21.0 metres of 2.8% ZnEq including 9.0 metres of 5.5% ZnEq at a starting depth of 118.0 metres.

Callinex also noted that the Nash Creek deposit has been expanded 600 metres north of the area covered by the last resource estimate and it remains open. The deposit contains 9.0 million indicated tonnes grading 3.58 ZnEq (zinc-lead-silver-copper) for 711,991 lb. of zinc and 1.1 million inferred tonnes at 2.83% ZnEq. The nearby Superjack deposit contains 3.2 million inferred tonnes at 4.63% ZnEq.

The company plans to drill test the deposit along strike and also test satellite zones in its 20-km-long land package.

Find out more about Callinex at www.Callinex.ca.