VANCOUVER, Aug. 4 /PRNewswire-FirstCall/ - Callinan Mines is pleased to report that a
second drill has been mobilized to their Coles Creek property in
order to take full advantage of the summer drill season. The focus
of the Coles Creek program is a brecciated volcanic, basin-like
feature known to contain silver-lead-zinc mineralization. DDH
COLE-18, collared in the volcanic, basin-like feature during the
2008 drill program, returned 141 meters of 20.5 g/mt silver and
.32% zinc, including 4.7 meters of 200 g/mt silver and 1.09%
zinc.
Extensive induced polarization geophysical surveys were
conducted in 2009, yielding high chargeablilty and low resistivity
targets coincident with known mineralization, both on surface and
in drill holes. The 2010 drill program, already underway, will test
these targets. Maps of geophysical surveys and diamond drill holes
are available at www.callinan.com.
The Coles Creek project consists of more than 13,000 hectares,
south of Houston, BC in the
Omineca Mountain range. The property is 17 kilometers south of the
Huckleberry mine, and 70 kilometers southwest of the formerly
producing Equity Silver Mine. Many areas of known mineralization
are present at Coles Creek.
On behalf of the board of directors,
"Mike Muzylowski"
Mike Muzylowski
All of Callinan's exploration programs are conducted under the
direction of Pat Deveaux, P.Geo, a
qualified person as defined by national instrument 43-101, who has
reviewed and approved the contents of this release.
Some statements in this news release contain forward-looking
information. These statements include, but are not limited to,
statements with respect to 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.
SOURCE Callinan Mines Ltd.
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