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Callinex Mines Inc.

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Summary

Project:

Nash Creek

Deposit:Nash Creek
Location:Canada
Commodities:Lead-Zinc-Silver
Date:6/15/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:15-6-2020: Callinex Mines Inc. announces an Exploration/Drilling Update report for its Nash Creek deposit at the Nash Creek project. Drilling results incl. 28.6m @ 57g/t Ag, 0.2% Zn, 0.1% Pb from 163m. VANCOUVER, BC, June 15, 2020 /CNW/ - Callinex Mines I
Resources:(not mentioned in this report)
CP/QP:[Overall Report] J.J. O'Donnell (Independent)
ABSTRACT:VANCOUVER, BC, June 15, 2020 /CNW/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTC: CLLXF) is pleased to announce results from the remaining 12 holes completed during the 2019-2020 drilling campaign (the "Campaign") at its 100% owned Nash Creek and Superjack projects located within the Bathurst Mining District of New Brunswick (See Figure 1 and Figure 2). The Campaign encompassed 4,080m of drilling to test 18 regional targets at the Nash Creek Project (the "Project") and two targets at the Superjack Project. The results are highlighted by drill hole NC20-313 which intersected 28.6m of 57 g/t Ag at a starting depth of 163.0m (vertical depth of 120m) including 16.5m of 94 g/t Ag (See Figure 3 and Table 1). Max Porterfield, President and CEO, stated, "Nash Creek is quickly emerging as a potential district scale silver discovery as shown through results announced from our recently completed regional exploration campaign." Mr. Porterfield continued, "The only two drill holes to test the 11km trend, which are located 6.8km apart, each intersected near surface silver mineralization that has the potential to be amenable to open pit mining. We are excited by these results and are eager to expand upon these discoveries as soon as possible."

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