Callinex Mines has announced a new high grade zinc, gold, silver and copper discovery at their Pine Bay Project located near Hudbay’s operations in Flin Flon.  The discovery was made by extending a historic Placer Dome drill hole by 38 meters. The discovery hole intersected 10.3 meters containing 6 percent zinc, 1.8 grams per tonne gold, 60.4 grams per tonne silver, .7 percent copper and .4 percent lead including a higher grade interval over 4.2 meters containing 11.8 percent zinc, 2.4 grams per tonne gold, 73.8 grams per tonne silver, .7 percent copper and .7 percent lead.

Their President Max Porterfield says they are very encouraged by this new discovery which indicates potential for a large, high grade deposit located within the existing mining lease at Pine Bay.  He says in terms of context the new intersection has encountered the most significant gold and silver results from over 80 years of exploration including 625 holes drilled on the property.