It’s been a busy year so far for Callinex Mines, which could be good news for the Flin Flon region.
In January the mineral exploration company announced it had acquired the Bay 1 mining claim at the south end of its Pine Bay Project, just east of Flin Flon.
Callinex said it obtained the claim based on a review of historic drilling in the vicinity of the project that showed “significant intersections.”
Later that month, the company unveiled a fully funded 2015 exploration program focusing on its Pine Bay and Flin Flon projects, the latter located near Hudbay’s 777 mine.
“The objectives of the two-phase drilling campaign are to confirm, expand and discover high-grade copper- and zinc-rich massive sulfide mineralization,” the Vancouver-based company said in a press release.
In February, Callinex offered an overview of exploration targets in advance of phase one of its diamond drilling campaign at the Pine Bay and Flin Flon projects.
The Vancouver-based company said it had identified three high-priority target areas – two at Pine Bay and one at Flin Flon.
Max Porterfield, president and CEO of Callinex, said the company’s “comprehensive approach to evaluating these projects” was now “providing early dividends.”
“We are excited to have identified potential for significant gold mineralization at the Pine Bay copper deposit,” he added.
At the Flin Flon project, Callinex said it had identified more than five drill targets with potential to host mineralization “over a significant area” near 777.
Note: Neither the TSX Venture Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of information supplied by Callinex.
