VANCOUVER — Callinan Mines has intersected a quartz zone bearing 15.40 gm/mt gold across 0.47m at their Berry Creek property near Snow Lake, Manitoba. This zone is included in a larger width assaying 1.26 gm/mt of gold across 6.49m. The gold bearing structure was intersected in diamond drill hole BR1 between 29.60m and 36.12m. A second gold zone was intersected in hole BR2, returning assays of 0.264 gm/mt gold across 1.13m of core length, including 1.63 gm/mt Au over 0.52m.
The gold zone at Berry Creek appears to be fairly shallow, dipping at 29°- 43°. The drilling was carried out near the mining community of Snow Lake, the home of an established infrastructure and an experienced workforce near the former producing New Britannia gold mine.
The company plans to begin surface mobile metal ion (MMI) testing, prospecting and trenching immediately to determine the length of the zone in preparation for additional exploration drilling.
The drilling program consisted of three diamond drill holes “fanned” from the same collar location. Hole BR3 intersected a quartz zone bearing low values. True widths of the mineralized zones remain unknown. The Berry Creek property is under option from Peter Dunlop.
Callinan Mines maintained a QA/QC program at all stages of exploration. Core recovery was calculated, measured and observed at a company facility in Snow Lake before being cut at the same facility. Core was cut in half, one half being returned to the core tray for storage and the other half placed in pre-labeled plastic bags, tagged with the sample number and recorded in the log. A gold standard, packed with predetermined gold values was inserted with every 30 samples. A blank standard, a rock with low gold values, was also inserted. Samples were then shipped to Acme Analytical Laboratories in Vancouver, BC, where they were crushed, pulverized and sieved into approximately 500 g samples, +150 and -150 mesh, saved and split. Metallics were then weighted and samples assayed using fire assay. The lab employs internal quality control by assaying pulp duplicates and inserting a quality control standards of predetermined gold values and a blank sample.
About Callinan Mines
Callinan Mines receives quarterly income from a 6 2/3% net profits interest in the 777 Mine in Flin Flon, Mantioba, operated by Hudbay Minerals. The mine is expected to produce until 2020. In addition to the company’s high potential exploration programs, the company is currently focused on the acquisition and development of late stage base and precious metals projects in North America.
On Behalf of the Board of Directors
Mike Muzylowski
Mike Muzylowski
For more information about Callinan Mines, please contact Braden Maccke at 1 (877) 228-5210, or visit www.callinan.com.
The Berry Creek program was conducted under the supervision of Pat DeVeaux, a qualified person as defined by National Instrument 43-101, who has reviewed and approved the contents of this release.
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Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to the completion of private placements and future expenditures. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete contemplated private placements and the timing and amount of expenditures. Callinan does not assume the obligation to update any forward-looking statement.