Callinex Mines (TSE:CNX) has released an update.
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Callinex Mines Inc. has reported promising results from its magnetotelluric geophysical survey at the Pine Bay Project, indicating the potential extension of the Descendent copper-gold-silver-zinc deposit at depth and the discovery of a new, substantial anomaly hinting at multiple parallel deposits. The survey detected a significant resistivity low anomaly deeper than 350m, which, along with other geological and geophysical data, suggests the presence of a large alteration system possibly concealing additional mineralization. These findings strengthen the company’s exploration prospects in the Flin Flon Mining District of Manitoba.
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