Canadian mineral exploration company Callinex Mines has found high-grade graphite mineralization in samples collected from the first two diamond drill holes at its Neuron Graphite property in Northern Manitoba.

Callinex

The analysis at a depth of 4.5m below ground measured carbon graphite grades of 10.88% over multiple sections of mineralization including a 14.5m section of mineralization.

Based on the preliminary analysis of the mineralogy of the samples carried out by SGS labs in Lakefield, Ontario, it was found that the graphite mineralization occurs in coarse, polycrystalline aggregates and layers, and the graphite sampled at Neuron was crystalline and could liberate at around 1mm grind.

Callinex Mines chairman and CEO Mike Muzylowski said these samples are representative of the high-carbon content, large flake graphite that they had hoped for at Neuron.

"We’re looking forward to results from additional holes, and from more detailed liberation tests," Muzylowski added.

The drilling program, which was performed during February to April 2014, consisted of 12 drill holes, of which ten identified graphite mineralization.


Image: Neuron Graphite property in Northern Manitoba near Thompson, Canada. Photo: courtesy of CNW Group/Callinex Mines Inc.