Callinex Mine has discovered 4 Copper, Gold, Zinc and Silver VMS Lenses at the Pine Bay Project.
Callinex made the announcement yesterday about the discovery at the Pine Bay project near Flin Flon. The discovery hole , DSC 111 intersected four different separate volcanogenic massive sulphide lenses with significant base and precious metal values within a total cord width of 67.7 m.
The Descendent was intersected at a down-hole depth of 1,318m and remains open in all directions. Many of the largest deposits within the Flin Flon Greenstone Belt have been discovered at depth, such as the 777 Mine that was discovered at a down-hole depth of 1,278m, the Lalor Mine that was discovered at a down-hole depth of 781m and the Company’s Rainbow deposit which was discovered 933m down-hole.
The abundance of zinc, gold and silver indicates that the hole may have intersected the edge of the VMS system similar to what occurs at the Rainbow deposit.
At the Descendent discovery, a BPEM survey was recently completed and results are being interpreted by Callinex’s technical team. An aggressive fully funded step-out drilling campaign will immediately be carried out at the Descendent discovery, a BPEM survey was recently completed and results are being interpreted by Callinex’s technical team.