Field crews have completed the 2010 exploration program at Callinan Mines (CVE:CAA) wholly owned Coles Creek property near Houston, BC. A total of 20 diamond drill holes were completed to test structures identified by geophysics and by previous drilling. Activity was centered on a newly discovered volcano-sedimentary structure exhibiting well mineralized intersections of sphalerite, galena, [...]
Callinan Mines(CVE:CAA) reports the intersection of gold and silver bearing mineralization on their Coles Creek property. Assays of samples from diamond drill hole COLE 28 have confirmed an intersection of 21.25 meters of core length grading 3.368 g/mt gold, 15.33 g/mt silver, 2.04% zinc and 0.15% lead. Callinan’s President and CEO, Mike Muzylowski says: “These assay [...]
Callinan Mines (CVE:CAA) reports it has received an interim payment of $3,266,325 from HudBay Minerals Inc. This payment represents 75% of an estimate of 6 2/3% of the net profits from the 777 Mine in Flin Flon, Manitoba for the quarter ended June 30th, 2010. For complete news release, click here.
Callinan Mines (CVE:CAA) reports that a second drill has been mobilized to their Coles Creek property. The Coles Creek project consists of more than 13,000 hectares, south of Houston, BC in the Omineca Mountain range. The property is 17 kilometers south of the Huckleberry mine, and 70 kilometers southwest of the formerly producing Equity Silver [...]
Callinan Mines (CVE:CAA) reports that it has received a payment of $2,856,446 from Hudbay Minerals Inc. Callinan Mines is pleased to announce that drilling has begun at their wholly owned Coles Creek property south of Houston, BC. For complete news release, click here.
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