NEW BRUNSWICK –
Callinex Mines of Vancouver has received assays from the first five holes at its Nash Creek zinc project in the Bathurst Mining District.
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Callinex has outlined several zones of potential at Nash Creek. (Credit: Callinex Mines)[/caption]
The results are encouraging, especially these holes:
- Drill hole NC17-226 intersected 9.0 metres of 5.2% zinc equivalent (3.6% zinc, 1.2% lead and 28.0 g/t silver) including 2.4 metres of 12.6% ZnEq (9.0% Zn, 2.7% Pb and 59.2 g/t Ag) 350 metres north of the Nash Creek deposit and within 20 metres of the surface.
- Drill hole NC17-224 intersected 14.8 metres of 3.6% ZnEq including 2.7 metres of 6.9% ZnEq and 2.4 metres of 5.6% ZnEq 250 metres northeast of Nash Creek and within 100m of surface.
Callinex says testing has indicated that the Nash Creek deposit is amenable to conventional flotation. A concentrate grading up to 64% Zn and a one of about 50% Pb were produced.
Nash Creek has an indicated resource of 9.0 million tonnes at a grade of 3.58% ZnEq and an inferred resource of 1.1 million tonnes at 3.58% ZnEq.
More information about Nash Creek, Callinex’s most advanced project, is posted at
www.Callinex.ca.
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