Welcome!

News Feed Item

Grades of up to 60.38% Carbon Graphite Confirmed At Callinex' Neuron Property

VANCOUVER, April 25, 2014 /PRNewswire/ - Callinex Mines Inc. (CNX-TSX.V) ( CLLXF – OTCQX) is pleased to announce that the third diamond drill hole of their recently completed campaign at their Neuron graphite property has intersected the highest grade of graphite mineralization to date, over minable widths.

Assays have confirmed that diamond drill hole NEU003 contains a 4.10 meter section grading 60.38% carbon graphite, which is part of a larger 56.00 meter intersection grading 5.91% carbon graphite.

The mineralized zone in NEU003 begins only 17.20 meters below surface, consisting of disseminated to solid mineralization in various concentrations, to a depth of 117.5 meters. The hole was drilled 20 metres from recently reported diamond drill holes NEU001 & NEU002, oriented at 102° and dipping at -70°. With the benefit of this intersection, Callinex' exploration team will be able to model the strike and dip of the rich graphitic intervals, and better delineate the orientation of the horizon.

Company Chairman and CEO Mike Muzylowski expressed satisfaction with the continuing emergence of this structure: "What we have uncovered here at Neuron appears to be unique. The high carbon content, coupled with large flake size is exactly what we had hoped for when we staked this area. The mineralization appears to be shallow and gently dipping."

The Neuron Property is located in Northern Manitoba near Thompson. A hydro-electric dam operated by the Manitoba Government is on the company's mineral tenure, and 220 kV power lines run the length of the 43,000 hectare property. As previously reported, preliminary analysis of the project's mineralogy by SGS labs determined that the mineralization occurs in coarse polycrystalline aggregates and layers, forming fine to coarse flakes ranging from 100 μm (micrometres) to 2 millimetres. Results from tests designed to suitably determine the liberation characteristics of the material are forthcoming.

Table 1 illustrates the most significant sections of NEU003.

DDH

From (m)

To (m)

Width

Cg%

NEU003

17.20

22.00

4.80

4.49

NEU003

24.90

30.90

6.00

4.27

NEU003

61.50

117.50

56.00

5.91

Including

61.50

65.60

4.10

60.38

Including

61.50

73.50

12.00

21.36

The drilling program was carried-out from late February to early April and consisted of 12 drill holes totaling 2,226 metres. Drilling successfully identified graphite mineralization in 10 of 12 drill holes. The zone of mineralization remains open along strike and down dip. The graphite mineralization textures vary from stringer to near solid. Mineralization occurs near surface in quartz-biotite schist. 

Logging and sampling of the core has recently been completed at a company facility, and samples are being shipped to SGS labs in Lakefield, Ontario for assay and mineralogy work. Assays from additional drill holes and results from metallurgical work are forthcoming.

Callinex Mines maintained a QA/QC program at all stages of exploration. Drill core recovery was calculated, measured and recorded at the Neuron property before being cut and sampled. Samples were sawed 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. Callinex QA/QC samples were inserted into the group of samples and shipped to SGS labs in Lakefield, ON, where they were crushed, split, pulverized to 250 g samples at 200 mesh and then assayed.  The lab employs internal quality control by assaying pulp duplicates and inserting quality control standards of predetermined values and a blank sample.

About the Neuron property:

The 43,000 hectare Neuron graphite exploration property was acquired by staking in 2013. A search of Manitoba government archives confirmed company Chairman and CEO Mike Muzylowski's knowledge of historic nickel exploration programs in the area that had encountered high-grade graphite incidentally. Following staking, the company conducted a 1,800 kilometer airborne survey which identified multiple drill targets (see company press release Jan 08, 2014).  This recent drilling program has tested the first two such targets. Eight targets remain un-tested.

About Callinex


Callinex is a Canadian mineral exploration company with projects in the Provinces of British Colombia and Manitoba, Canada. The company's exploration activities are designed to offer shareholders exposure to the discovery phase of the mining value cycle.

On Behalf of the Board of Directors,

Mike Muzylowski

Chairman and CEO

The technical information in this release was reviewed and verified by JJ O'Donnell, a qualified person as defined by National Instrument 43-101. 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. Callinex does not assume the obligation to update any forward-looking statement.

SOURCE Callinex Mines Inc.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Recognizing the need to identify and validate information security professionals’ competency in securing cloud services, the two leading membership organizations focused on cloud and information security, the Cloud Security Alliance (CSA) and (ISC)^2, joined together to develop an international cloud security credential that reflects the most current and comprehensive best practices for securing and optimizing cloud computing environments.
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.
Sensors and effectors of IoT are solving problems in new ways, but small businesses have been slow to join the quantified world. They’ll need information from IoT using applications as varied as the businesses themselves. In his session at @ThingsExpo, Roger Meike, Distinguished Engineer, Director of Technology Innovation at Intuit, showed how IoT manufacturers can use open standards, public APIs and custom apps to enable the Quantified Small Business. He used a Raspberry Pi to connect sensors...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY, and the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management...
SYS-CON Events announced today that VAI, a leading ERP software provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. VAI (Vormittag Associates, Inc.) is a leading independent mid-market ERP software developer renowned for its flexible solutions and ability to automate critical business functions for the distribution, manufacturing, specialty retail and service sectors. An IBM Premier Business Part...
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection.
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
SYS-CON Events announced today that AppNeta, the leader in performance insight for business-critical web applications, will exhibit and present at SYS-CON's @DevOpsSummit at Cloud Expo New York, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. AppNeta is the only application performance monitoring (APM) company to provide solutions for all applications – applications you develop internally, business-critical SaaS applications you use and the networks that deli...
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
As someone who has been dedicated to automation and Application Release Automation (ARA) technology for almost six years now, one of the most common questions I get asked regards Platform-as-a-Service (PaaS). Specifically, people want to know whether release automation is still needed when a PaaS is in place, and why. Isn't that what a PaaS provides? A solution to the deployment and runtime challenges of an application? Why would anyone using a PaaS then need an automation engine with workflow ...