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.
Callinex has outlined several zones of potential at Nash Creek. (Credit: Callinex Mines)
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.