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Assay results from two widely spaced holes testing an IP anomaly 1.2km to the east of the Nash Creek deposit returned massive sulphides, supporting the theory of a potential mineralized eastern limb to the Nash Creek syncline. While not ore grades, we look forward to follow-up holes in 2019 to vector into higher grade zones in this ~1900m by 400m “Central Zone” target area. Results support our view that the company is on track for significant resource growth in a prolific VMS mining camp (Figure 1).
Callinex has acquired a high-grade VMS deposit in the shadow of the world-class Brunswick #12 mine in Bathurst, NB. With the Headway deposit within trucking distance of the company’s proposed Nash Creek mill (2018 PEA), this acquisition supports our view that the company is successfully assembling a portfolio of deposits in a prolific VMS mining camp (Figure 1).
Callinex Mines has released preliminary results from the 2018 Induced Polarization (IP) program at its Nash Creek Zinc Project in New Brunswick’s Bathurst Mining District. The results point to a geophysical anomaly expected to be associated with a synclinal repetition of the Nash Creek Deposit 1km to the east.
Last week we visited Callinex Mines’ Nash Creek and Superjack properties in the Bathurst Mining Camp of New Brunswick, Canada. The highlight of the week's visit was a combination of both the extensive mining infrastructure in the historic camp and the largely untapped mineral potential of Callinex’s 155km2 Nash Creek property. After recently increasing M&I resources by 74% and inferred resources by 385% at Nash Creek, the company remains focused on continuing to expand its Zn-Pb-Ag resource base in the camp to further enhance the projects already proven economic potential. Overall, the company previously demonstrated the economic value of the Nash Creek and Superjack properties in a recent PEA (2018), but our site visit has since confirmed the size potential of the project which we expect to be reflected through ongoing property-wide geophysics and exploration drilling.
Callinex Mines has provided an update on the 2018 drilling program at its Nash Creek Zinc Project in New Brunswick’s Bathurst Mining District (Figure 1).
Red Cloud Klondike Strike Inc. is registered as an Exempt Market Dealer (EMD) in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland & Labrador, and Yukon.
Red Cloud Klondike Strike Inc. connects mining companies with suitable investors that qualify under available regulatory exemptions. For example, in Canada, according to National Instrument 45-106, Prospectus and Registration Exemptions. Similar laws and regulations apply in other jurisdictions. Companies presented on this website are considered to be highly speculative and, as such, are suitable only for purchasers who can tolerate the highest level of risk including the loss of their entire investment.
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