Callinex Mines has announced the Rainbow discovery. It comprises two high grade copper, gold, silver and zinc lenses at their Pine Bay Project 16 kilometers away from Flin Flon.
The Rainbow discovery intersected 2.96 meters of 3.09 percent copper. 0.75 grams per tonne gold, 13.35 grams per tonne silver, 1.88 percent zinc and a second interval of 4.31 meters of 4.12 percent copper, 0.22 grams per tonne gold, 2.21 grams per tonne silver and 0.06 percent zinc.
President Max Porterfield says the two high grade lenses discovered with subsequent borehole survey results suggest they are at the early stages of a substantial discovery in Manitoba.
He added the community of Flin Flon has been through a storm with a great deal of uncertainty about its future with the impending shut down of the Triple Seven Mine and they believe the Rainbow discovery has the potential to provide a bright future for Flin Flon and their shareholders.
