Flin

Callinex Intersects the Descendent in 125m Step-out at the Pine Bay Project, MB

Retrieved on: 
Monday, January 22, 2024
CNX, See, Flin Flon greenstone belt, Orientation, Lalor, The Company, Alchemy, Silver, Flin, Gold, Zinc, Hudbay, Parent, Recce (filmmaking), Descendant, VMS, Geology, Road

The Descendent discovery has unique characteristics that make it an opportunity worth immediately seizing through additional drilling.

Key Points: 
  • The Descendent discovery has unique characteristics that make it an opportunity worth immediately seizing through additional drilling.
  • This year's exploration campaign will be another exciting one where we will remain focused on growing Pine Bay into a tier one asset with numerous expanding high-grade discoveries."
  • The Descendent remains open to the north, and vertically below DSC-112-W1 ( Descendent Discovery Long Section ).
  • Looking forward, the Company will continue to aggressively expand the resource base with a focus on step-out drilling at Descendent.

Callinex Commences Step-out Drilling on Descendent Discovery at the Pine Bay Project, MB

Retrieved on: 
Thursday, October 5, 2023
CNX, The Company, Rainbow, National instrument, Silver, Gold, VMS, Descendant, See, Flin Flon greenstone belt, Lalor, News, Alchemy, Zinc, Mining, Road, Flin, MB

Step-out drill hole DSC-112 is testing the Descendent 200m vertically below discovery hole DSC-111.

Key Points: 
  • Step-out drill hole DSC-112 is testing the Descendent 200m vertically below discovery hole DSC-111.
  • The Descendent is situated 550m from the Pine Bay deposit, 1.4km from the Rainbow deposit and 2.9km from the Alchemist deposit, which are all located within a mineral lease.
  • The Descendent was intersected in drill hole DSC-111 at a down-hole depth of 1,318m and remains open in all directions.
  • Historic and recent exploration has identified seven VMS deposits, along with the new Descendent discovery, located in close proximity to the huge Baker Patton alteration zone.

Callinex Announces High-Grade Copper Maiden Mineral Resource Estimate at its Pine Bay Project in Manitoba

Retrieved on: 
Monday, July 10, 2023
Mineral, Optimism, CIM, VMS, Cabin, Zinc, CDN, Little Dry Run Wilderness Addition, Odin, Marketing, Mineral resource classification, Technical report, Disclosure, AG, Metallurgy, PB, US, Reserve, Mineral resource estimation, Copper, Best practice, National instrument, Project, CU, Mineral Resources Limited, News, Mineral Leasing Act of 1920, Technical, Uranium mining, Silviculture, Mining, Alchemy, BPC, Petroleum, Flin Flon, Rainbow, Flin

The inferred mineral resource in this resource estimate has a lower level of confidence than that applied to an indicated mineral resource and must not be converted to a mineral reserve.

Key Points: 
  • The inferred mineral resource in this resource estimate has a lower level of confidence than that applied to an indicated mineral resource and must not be converted to a mineral reserve.
  • It is reasonably expected that a majority of the inferred mineral resource could be upgraded to an indicated mineral resource with continued exploration.
  • Copper equivalent resources for the Pine Bay Project were calculated using the following metal prices: Cu at US$3.25/lb, Zn US$1.20/lb, Au at US$1,850/oz, Ag at US$22.50/oz.
  • The Pine Bay Project, consists of a group of 77 contiguous mineral claims (dispositions) and one Mineral Lease totaling 6,795 hectares.

Hudbay and Marubeni Establish Framework for Flin Flon Exploration Partnership

Retrieved on: 
Thursday, July 6, 2023
HBM, Flin Flon greenstone belt, Uncertainty, Partnership, VMS, Marubeni, Risk, Mining, MOU, TSX, News, NYSE, Legislation, Risk management, Hudbay, Flin Flon, Flin

TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announces the signing of a memorandum of understanding (“MOU”) with Marubeni Corporation (“Marubeni”) that establishes the framework for a multi-year exploration partnership focused on the discovery of new deposits within trucking distance of Hudbay’s existing processing facilities in Flin Flon, Manitoba.

Key Points: 
  • TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) announces the signing of a memorandum of understanding (“MOU”) with Marubeni Corporation (“Marubeni”) that establishes the framework for a multi-year exploration partnership focused on the discovery of new deposits within trucking distance of Hudbay’s existing processing facilities in Flin Flon, Manitoba.
  • “Signing this MOU is the beginning of what we hope will be a long-term relationship between Hudbay and Marubeni to unlock value in the Flin Flon region,” said Peter Kukielski, Hudbay’s President and Chief Executive Officer.
  • “This exploration partnership would allow us to couple our operational and exploration expertise with Marubeni’s balance sheet strength to test our large Flin Flon land package and potentially revive our dormant Flin Flon processing facilities.
  • The MOU also provides a framework for a future joint venture between the parties if the exploration efforts are successful in discovering new deposits in the Flin Flon region.

Callinex Discovers the Alchemist: New High-Grade Copper, Zinc, Gold and Silver Deposit at the Pine Bay Project, MB

Retrieved on: 
Wednesday, September 7, 2022
Flin Flon, Geology, CEO, Thallium, Flin Flon greenstone belt, CNX, VMS, Publishing, Centennial, Silver, Lens, Alchemy, Felsic, Example, Company, Zinc, Gold, Element, AG, Talus, Alchemist, Callinan, Growth, Cabin, Copper, Anomaly, Quartz, Printed circuit board, Compact Disc, Mining, Granite, Uranium, BPC, Flin, Rainbow, MB, BC, Orange, Odin

Max Porterfield, President and CEO, stated, "We are thrilled with the initial results from the Alchemist, the newest discovery at our Pine Bay Project.

Key Points: 
  • Max Porterfield, President and CEO, stated, "We are thrilled with the initial results from the Alchemist, the newest discovery at our Pine Bay Project.
  • The Alchemist deposit comes with the potential for significant resource growth for the Company, its shareholders and the community of Flin Flon."
  • Mr. Porterfield continued, "It's noteworthy that, to date, each deposit discovered along the growth fault corridor at Pine Bay is significantly larger than the one that precedes it in proximity to Millrock Mountain.
  • Millrock Mountain at Pine Bay is analogous to the Millrock Hill in Flin Flon ( Examples of Millrock Hill and Pine Root Millrock ).

Callinex Defines Highly Conductive Target Off-hole from Copper, Zinc, Gold and Silver Bearing Massive Sulphides at Pine Bay Project, MB

Retrieved on: 
Thursday, March 10, 2022
MB, Callinan, Copper, Siemens, Company, Gold, Talus, Gabbro, Flin Flon, EM, VMS, Zinc, Geology, Anomaly, CNX, Publishing, Example, Silver, IP, CEO, Cabin, Uranium, Lithium, Rare-earth element, Oil, Flin, BPC, Rainbow, BC

Millrock is a term used to refer to talus breccia that occurs along major growth faults controlling volcanogenic massive sulphide ("VMS") deposits.

Key Points: 
  • Millrock is a term used to refer to talus breccia that occurs along major growth faults controlling volcanogenic massive sulphide ("VMS") deposits.
  • The Pine Root River Millrock area at Pine Bay is analogous to the Millrock Hill in Flin Flon ( Examples of Millrock Hill and Pine Root Millrock ).
  • Drill hole PBM-166 intersected 1.5 meters of massive sulphides with elevated copper, zinc gold and silver.
  • Anomaly A sits off-hole of the base and precious metal bearing massive sulphides intersected in drill hole PBM-166.

Callinex Announces Targets from Regional IP and EM Surveys at Pine Bay Project in the Flin Flon Mining District, MB

Retrieved on: 
Wednesday, February 2, 2022
Gold, CU, Copper, Zinc, IRR, Key, Wine Harbour Gold District, Koz, CIM, Multimedia, SPEM, CEO, EM, TSX Venture Exchange, National Instrument 43-101, Resource management, Company, Rainbow, AG, Bathurst, PEA, Method, CNX, Pulse, News, Disclosure, Borehole, Outline, IP, Flin Flon, Mining, Silver, VMS, Terminology, National instrument, Down, Lithium, Environmental remediation, BPC, Flin, BC

Mr. Porterfield continued, "We have now expanded that same exploration approach on a regional scale with the recent IP and EM surveys announced today."

Key Points: 
  • Mr. Porterfield continued, "We have now expanded that same exploration approach on a regional scale with the recent IP and EM surveys announced today."
  • I especially like where these emerging IP targets are located in the overall Pine Bay geological setting."
  • Callinex's Pine Bay Project encompasses the majority of the Baker Patton Complex (BPC), the largest exposed felsic (rhyolitic) volcanic accumulation in the Flin Flon portion of the Flin Flon-Snow Lake Greenstone Belt.
  • The focus of the portfolio is highlighted by the rapidly expanding Rainbow Discovery at its rich VMS Pine Bay Project located near existing infrastructure in the Flin Flon Mining District.

Rockcliff Provides Update on the Bur Property

Retrieved on: 
Tuesday, August 17, 2021
Company, CSE, Ownership, Bur, Mineral resource estimation, VMS, Geology, Flin, Zinc, Copper, CEO, Technical report, African Metals Corporation, Metallurgy, Lithium, Uranium

The Bur Property has excellent infrastructure with a year-round access road, clearing for portable buildings, and a box cut and portal.

Key Points: 
  • The Bur Property has excellent infrastructure with a year-round access road, clearing for portable buildings, and a box cut and portal.
  • The Bur Property lies within the Flin Flon-Snow Lake Greenstone Belt ("Belt"), the largest Paleoproterozoic VMS district in the world and the most prolific VMS district in Canada.
  • The Bur Property hosts the Bur Zinc-Copper Deposit.
  • Historical and recent drilling throughout the Bur Property has encountered near surface, disseminated, semi-massive and massive sulphide mineralization below shallow overburden.