VANCOUVER, June 15 /CNW/ - Callinan Mines has intersected a quartz zone
bearing 15.40 gm/mt gold across 0.47m at their Berry Creek property near Snow
Lake, Manitoba. This zone is included in a larger width assaying 1.26 gm/mt of
gold across 6.49m. The gold bearing structure was intersected in diamond drill
hole BR1 between 29.60m and 36.12m. A second gold zone was intersected in hole
BR2, returning assays of 0.264 gm/mt gold across 1.13m of core length,
including 1.63 gm/mt Au over 0.52m.
The gold zone at Berry Creek appears to be fairly shallow, dipping at 29
degrees - 43 degrees. The drilling was carried out near the mining community
of Snow Lake, the home of an established infrastructure and an experienced
workforce near the former producing New Britannia gold mine.
The company plans to begin surface mobile metal ion (MMI) testing,
prospecting and trenching immediately to determine the length of the zone in
preparation for additional exploration drilling.
The drilling program consisted of three diamond drill holes "fanned" from
the same collar location. Hole BR3 intersected a quartz zone bearing low
values. True widths of the mineralized zones remain unknown. The Berry Creek
property is under option from Peter Dunlop.
Callinan Mines maintained a QA/QC program at all stages of exploration.
Core recovery was calculated, measured and observed at a company facility in
Snow Lake before being cut at the same facility. Core was cut in half, one
half being returned to the core tray for storage and the other half placed in
pre-labeled plastic bags, tagged with the sample number and recorded in the
log. A gold standard, packed with predetermined gold values was inserted with
every 30 samples. A blank standard, a rock with low gold values, was also
inserted. Samples were then shipped to Acme Analytical Laboratories in
Vancouver, BC, where they were crushed, pulverized and sieved into
approximately 500 g samples, +150 and -150 mesh, saved and split. Metallics
were then weighted and samples assayed using fire assay. The lab employs
internal quality control by assaying pulp duplicates and inserting a quality
control standards of predetermined gold values and a blank sample.
About Callinan Mines
Callinan Mines receives quarterly income from a 6 2/3% net profits
interest in the 777 Mine in Flin Flon, Mantioba, operated by Hudbay Minerals.
The mine is expected to produce until 2020. In addition to the company's high
potential exploration programs, the company is currently focused on the
acquisition and development of late stage base and precious metals projects in
On Behalf of the Board of Directors
For more information about Callinan Mines, please contact Braden Maccke
at 1 (877) 228-5210, or visit www.callinan.com.
The Berry Creek program was conducted under the supervision of Pat
DeVeaux, a qualified person as defined by National Instrument 43-101, who has
reviewed and approved the contents of this release.
Neither 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 .No stock
exchange, securities commission or other regulatory authority has approved or
disapproved the information contained herein.
Some statements in this news release contain forward-looking information.
These statements include, but are not limited to, statements with respect to
the completion of private placements and 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
private placements and the timing and amount of expenditures. Callinan does
not assume the obligation to update any forward-looking statement.
For further information:
For further information: Braden Maccke, 736 Granville Street, Suite
1100, Vancouver, BC, V6Z 1G3, Telephone: (604) 605-0885, Toll-Free:
1-877-228-5210, Fax: (604) 605-0886, Email: email@example.com, Website: