The Reminder is making its archives back to 2003 available on our website. Please note that, due to technical limitations, archive articles are presented without the usual formatting.
Jonathon Naylor Editor Drilling at a long-defunct mine near Cranberry Portage has detected mineralization in all but one of 32 holes. That's the word from Callinex Mines, which last week updated investors on exploration at the former site of the Gurney Mine. Drilling over the winter encountered gold and silver mineralization in 31 of 32, with one of the holes having been abandoned, the junior miner said. Highlights of the drill program included grades of 4.60 grams of gold per tonne and 15.13 grams of silver per tonne over 23.81 metres of core width, the Vancouver-based company said. Callinex crews are conducting a mobile metal ion geochemical survey on the property, located about 20 km northeast of Cranberry Portage. The survey is being conducted over a 1,000-hectare area covering a structure that exceeds six km in strike length, said Callinex. Shear zone This structure is believed to contain the shear zone that controls the mineralization discovered by last season's drilling. The program is designed to test for chemical indications of gold and silver mineralization that could exist on the same structure. Once assay results are received from the recently completed survey, Callinex said it will design a drill program to test any anomalies. Drilling is set to resume this fall. Callinan no longer refers to the site as the Gurney Mine, having renamed it the Gossan Hill Project. The property consists of 3,679 hectares of mining claims. Records indicate the Gurney Mine produced 28,045 ounces of gold between 1937 and 1939, when it closed never to reopen. At today's prices, that much gold would be worth over US$50 million. Neither the TSX Venture Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of information supplied by Callinex.
