Posted in | Gold | Silver

Callinan Mines Begins Exploration on Gossan Claims in Manitoba

Callinan Mines has commenced exploration activity on the recently optioned Gossan claims, located near the community of Cranberry Portage, Mb.  The work program will consist of approximately ten diamond drill holes, totaling approximately 3,000 meters.

Targets will include known gold bearing structures identified in government assessment reports. The program has been designed with holes at 25 meter intervals. "This program is an effort to determine tonnage and grade per vertical meter," explains Callinan President Mike Muzylowski. "If this testing shows promise, further drilling will occur."

The 3,679 hectare property was once the site of the formerly producing Gurney Gold Mine. The project last operated in the 1930s and extracted gold from a mineralized contact shear zone that runs the length of the property.  Reports of previous operators, accessed through records at the Manitoba Department of Energy and Mines, show previous gold bearing diamond drill intersections along a structure nearly four kilometers in length. Intersections tested by previous operators returned assays of 4.05 grams of gold per tonne and 42.86 grams of silver per tonne over 12.48 meters, including 8.40 grams of gold per tonne and 96.34 grams of silver per tonne over 4.5 meters, and 17.76 grams of gold per tonne and 91.54 grams of silver per tonne over 1.5 meters. Callinan cautions that work done by previous operators was conducted before the implementation of National Instrument 43-101 and it has not verified any of the reported results from work on the property. Quality control methods employed by the previous operator are unknown, and the accuracy of the information cannot and should not be relied upon.

The gold mineralization at the Gossan Property is hosted in a sheared diorite/gabbro, and a sheared felspar porphyry structure containing quartz carbonate stringers. The property is accessible by an all weather road, and by rail.

Source: CALLINAN MINES LTD.

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