Two Rigs Operating In Manitoba
Callinex Mines Inc. (TSXV:CNX) (OTC: CLLXF) has achieved promising results from the ongoing drilling campaign to expand the Rainbow Discovery at the 100% owned Pine Bay Project located in the Flin Flon Mining District of Manitoba.
The Rainbow Discovery has been made on Callinex’s mineral lease, less than 250m from a high-voltage power-line and 550m from a historic shaft with direct road access to processing facilities in Flin Flon.
Drill hole PBM-113 intersected the following three high-grade intersections 145m away (along strike and above) from the discovery hole PBM-111 :
The Orange Zone returned:
- 5.00m of 8.35% copper equivalent (CuEq) comprising of 8.08% copper, 0.20 g/t gold, 10.55 g/t silver and 0.13% zinc including 3.00m of 12.13% copper, 0.27 g/t gold, 15.62 g/t silver and 0.18% zinc; and
- 4.00m of 2.31% CuEq including 2.21% copper, 0.09 g/t gold, 2.28 g/t silver and 0.04% zinc.
The Yellow Zone returned:
- 9.06m of 3.72% CuEq comprising of 2.37% copper, 0.70 g/t gold, 7.00 g/t silver and 2.10% zinc including 3.75m of 4.15% copper, 1.20 g/t gold, 11.87 g/t silver and 4.19% zinc.
The Rainbow discovery hole, PBM-111, intersected 2.96m of 4.43% CuEq comprising of 3.09% copper, 0.75 g/t gold, 13.35 g/t silver, 1.88% zinc (Yellow Zone) and a second interval of 4.31 metres of 4.32% CuEq comprising of 4.12% copper, 0.22 g/t gold, 2.21 g/t silver, 0.06% zinc (Orange Zone).
The mineralisation intersected in drill hole PBM-113 intersected significantly wider intervals and higher grades of both base and precious metals.
Drill Hole PBM-112 intersected the Rainbow Horizon 345m vertically above PBM-111 and went over the presumed plunge line when it crossed the Rainbow horizon (Orange Zone).
A subsequent Borehole Pulse Electromagnetic survey (BPEM) survey completed on PBM-112 confirms this interpretation and suggests the Rainbow Discovery possibly comes within 350m of surface based on the modelled data.
Two additional drill holes, PBM-113-W1 and PBM-114, have been completed with assays pending.
Currently, two rigs are drilling step-out holes as the company delineates the Rainbow Discovery.
Drill hole PBM-115 is currently being drilled to test ~75m along strike to the north of PBM-113. Additionally, a second wedge, PBM-113-W2, has been started off PBM-113 to intersect ~60M vertically above PBM-113-W1.
The two drill rigs will continue to operate to delineate the Rainbow Discovery until mid-December for a brief holiday break and resume drilling in early January 2021.
