Mr. Mike Muzylowski reports
CALLINEX MINES EXPLORATION UPDATE
Callinex Mines Inc. has begun a fall exploration program on its Coles Creek property and the adjacent Troitsa option. The company is currently operating two diamond drills, one on each property. Drilling on the Troitsa option is focused on a copper-molybdenum-bearing porphyry system isolated by surface trenching in the 2010 exploration program. At Coles Creek, the company is drill testing a brecciated volcanoclastic system mineralized with gold, silver and zinc. Drilling in 2010 produced a mineralized intersection grading 3.368 grams per tonne gold, 15.33 g/t silver, 2.04 per cent zinc and 0.15 per cent lead across 21.25 metres of core width.
A 3-D induced polarization geophysical survey is also being conducted on both Coles Creek and the Troitsa option. An extensive program of geochemical sampling and prospecting that began in 2009 continues.
The Coles Creek and Troitsa properties are located near Houston, B.C., just south of Imperial Metals' Huckleberry mine, and comprise a total of 14,857 hectares in the Omineca mining division of British Columbia.
Gossan Hill
Callinex is also conducting exploration on the Gossan Hill project, located near the town of Cranberry Portage, in the Flin Flon area of Manitoba. This mineralized zone was originally outlined by trenching and was extended during last winter's program both along strike and downdip. Drilling on the property in the winter of 2010/2011 encountered gold and silver mineralization in 31 of 32 holes (one hole having been abandoned). Highlights of the program included grades of 4.60 g/t gold and 15.13 g/t silver over 23.81 metres of core width.
Callinex crews are conducting a mobile metal ion geochemical survey on the property. The survey is being conducted over a 1,000-hectare area covering a structure that exceeds six kilometres in strike length. This structure is believed to contain the shear zone that controls the mineralization discovered by last season's diamond drilling. The program is designed to test for chemical indications of gold and silver mineralization that could exist on the same structure. Once assay results are received from the recently completed survey, Callinex will design a diamond drilling program to test any anomalies. Drilling is planned to resume in the fall of 2011.
All of Callinan's exploration programs are conducted under the direction of J.J. O'Donnell, PGeo, a qualified person as defined by National Instrument 43-101, who has reviewed and approved the contents of this release.
We seek Safe Harbor.