VANCOUVER, March 3 /PRNewswire/ - Callinan Mines (TSXV: CAA) (OTCBB: CCNMF) is
pleased to report that assay results have confirmed that DDH GOS 28
has intersected 5.94 grams of gold per tonne and 22.00 grams of
silver per tonne over 14.77 meters at its Gossan Hill Property,
Manitoba. Highlights from GOS 28
are included in the table below.
|
from (m) |
To (m) |
Core Width (m)
|
Au g/Mt |
Ag g/Mt
|
GOS028 |
267.99 |
272.20 |
4.21 |
3.42 |
5.84 |
|
|
|
|
|
|
GOS028 |
277.03 |
291.80 |
14.77 |
5.94 |
22.00 |
Incl. |
287.50 |
291.80 |
4.30 |
13.26 |
54.46 |
* true widths represent approximately 60% of core widths.
To date, 27 of 28 holes drilled by Callinan at Gossan Hill have
produced gold mineralization (DDH GOS 27 was abandoned at 52 meters
due to deviation). The mineralized intersection in hole GOS 28
occurs approximately 100 meters down strike and dip of previously
announced GOS 25, which graded 9.73 grams of gold per tonne and
6.91 grams of silver per tonne over a core width of 5.75
meters.
The gold and silver mineralization at Gossan Hill is strongly
associated with sulphide mineralization (pyrite, chalcopyrite and
galena) within quartz carbonate veining adjacent to a sheared
intrusive / volcanic contact zone. Interpretations of mapped
geology indicate that the structure has a strike length of at least
two kilometers.
Callinan Mines maintained a QA/QC
program at all stages of exploration. Drill core recovery was
calculated, measured and recorded at the Gossan Hill Property
before being cut and sampled. Samples were split in half, one half
of each sample being kept for storage and the other half placed in
a pre-labeled plastic bag, tagged with the sample number and
recorded in the log. Callinan QA/QC samples were inserted into the
group of samples and shipped to Acme Analytical Laboratories in
Vancouver, BC, where they were
crushed, split, and pulverized to 250 g samples at 200 mesh. Pulp
samples were then assayed by Aqua Regia digestion ICP-ES analysis
(24 elements) and assayed for gold and silver by fire assay method.
The lab employs internal quality control by assaying pulp
duplicates and inserting quality control standards of predetermined
values and a blank sample.
On Behalf of the Board of Directors,
Mike Muzylowksi
Mike Muzylowski
All of Callinan's exploration programs are conducted under
the direction of J.J. O'Donnell,
P.Geo ,Vice President of Exploration for Callinan and a qualified
person as defined by national instrument 43-101, who has reviewed
and approved the contents of this release.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy 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 work programs and the
timing and amount of expenditures. Callinan does not assume the
obligation to update any forward-looking statement.
SOURCE Callinan Mines Ltd.