Callinex Mines (CNX.V) has announced it will drill an additional five holes at its Pine Bay and Flin Flon projects which are located within walking distance from HudBay’s (HBM) 777 concentrator near the town of Flin Flon.
This drill program is designed to follow up on drill targets which have been created through geophysics and seem to be promising to discover a zone of massive sulphide mineralization. As HudBay’s 777 mine is part of a VMS-deposit and VMS districts usually contain several mineralized ‘clusters’, there’s a good chance Callinex’ land package might also host some high-grade VMS mineralization. If you’re looking for an ideal ‘nearology’ play, Callinex Mines might be the best horse in the stable.
We will keep a very close eye on Callinex Mines and will release an in-depth report very soon.
> Click here to go to Callinex’ website
Disclosure: The author holds a long position in Callinex Mines. Callinex is a sponsor of the website. Please see our disclaimer for current positions.
