November 15, 2006 FOR IMMEDIATE RELEASE: November 15, 2006 Vancouver, British Columbia,– Callinan Mines Limited (the “Company”) announced today that its board of directors has approved the adoption of a Shareholder Rights Plan (the “Rights Plan”). The Rights Plan has been designed to protect shareholders from unfair, abusive or coercive take-over strategies including the acquisition … Continue reading “Callinan Board of Directors Approves Adoption of Shareholder Rights Plan”
News Releases
Callinan, Bell Prepare For 20 Hole Drill Program At Fox River
November 14, 2006 VANCOUVER, B.C.—Callinan Mines Limited and joint venture partner Bell Resources Corporation have commenced construction of a new access route as step one of a winter diamond drilling program on their Fox River nickel prospect east of Gillam, northern Manitoba. Crews are actively packing snow and ice along the new northern route as … Continue reading “Callinan, Bell Prepare For 20 Hole Drill Program At Fox River”
Successful Coles Creek Drill Program Provides Numerous Targets FOR 2007
November 8, 2006 VANCOUVER, B.C.—Callinan Mines Limited is pleased to announce that the recently completed first phase of the diamond drilling program on its Coles Creek copper prospect near Houston, B.C., has located mineralized zones that represent prime targets for follow-up exploration in 2007. Callinan President and CEO Mike Muzylowski said the eight-hole, 4,495-metre drill … Continue reading “Successful Coles Creek Drill Program Provides Numerous Targets FOR 2007”
Callinan Closes First Tranche Of Private Placement
November 3, 2006 Callinan Mines Limited announces that it has now closed the first tranche of its previously announced non-brokered private placement, consisting of 3,932,000 Flow-Through Units at a price of $1.25 per Flow-Through Unit and 585,000 Non-Flow-Through Units at a price of $1.15 per Non-Flow-Through Unit, to raise total proceeds of $5,587,750. The Flow-Through … Continue reading “Callinan Closes First Tranche Of Private Placement”
Fox River Project Airborne Geophysical Survey Update
October 12, 2006 VANCOUVER — Callinan Mines Limited (the “Company”) is pleased to report that the airborne Versatile Time Domain Electro-Magnetics (“VTEM”) survey (announced August 21st in a Company news release) being performed by Geotech Airborne Services (“Geotech”) at the Fox River Project near Gillam in Northern Manitoba has confirmed the presence of the 07-5 … Continue reading “Fox River Project Airborne Geophysical Survey Update”
Callinan Increases Private Placement by $750,000
September 28, 2006 For Immediate Release Further to its news release of September 15, 2006, Callinan Mines Limited is pleased to announce that it has increased the number of Flow-Through Units to be sold under the private placement from 3,200,000 Units to 3,800,000 Units to raise additional proceeds of $750,000. The other terms of the … Continue reading “Callinan Increases Private Placement by $750,000”
Callinan to Raise $6.3 Million by Private Placement
September 19, 2006 Callinan Mines Limited announces that it will conduct a non-brokered private placement of up to 3,200,000 Flow-Through Units of Callinan at a price of $1.25 per Flow-Through Unit, to raise gross proceeds of up to $4,000,000, and up to 2,000,000 Non-Flow-Through Units of Callinan at a price of $1.15 per Non-Flow-Through Unit, … Continue reading “Callinan to Raise $6.3 Million by Private Placement”
Copper Mineralization Discovered in Drill Intercepts at Callinan’s Coles Creek Property
September 6, 2006 VANCOUVER, BC September 6, 2006 – Callinan Mines Limited is in the midst of a scheduled nine hole drill program at its 100% owned Coles Creek property near Houston, B.C. Four NQ diamond drill holes drilled to date on separate targets have, on visual examination in the field, shown altered and brecciated … Continue reading “Copper Mineralization Discovered in Drill Intercepts at Callinan’s Coles Creek Property”
$400,000 Private Placement Arranged to Finance Geophysical Survey in Fox River
August 21, 2006 VANCOUVER — Callinan Mines Limited has retained Geotech Airborne Services (“Geotech”) to perform a comprehensive airborne Versatile Time Domain Electro-Magnetics (“VTEM”) survey on the Fox River Project near Gillam in Northern Manitoba. The Fox River property is held in a Joint Venture with Bell Resources (“Bell”) and has been optioned from W.P. … Continue reading “$400,000 Private Placement Arranged to Finance Geophysical Survey in Fox River”
Drilling Underway At Coles Creek
August 14, 2006 VANCOUVER – The diamond drilling portion of Callinan’s Coles Creek exploration program near Houston, B.C. is underway. Two holes have intersected mineralization consistent with the type of quartz porphyry system anticipated in the geological model of the area created by Callinan. Holes in altered granodiorite porphyry, quartz porphyry and quartz feldspar porphyry … Continue reading “Drilling Underway At Coles Creek”
Callinan Expands Coles Creek Holdings
July 5, 2006 VANCOUVER – Callinan Mines has acquired by staking, an additional 6,399 hectares of mineral tenures surrounding the main 3km target area at Coles Creek near Houston, BC. This brings the total land package to 7,609 hectares. The additional ground covers to two intrusive plugs, which have been located by satellite imaging. The … Continue reading “Callinan Expands Coles Creek Holdings”
Summer Program Underway at Coles Creek
June 23, 2006 VANCOUVER, B.C.—Callinan Mines Limited has commenced a summer exploration program to test mineralized areas on its Coles Creek Project near Houston, B.C. Callinan President Mike Muzylowski and Chief Geologist Pat DeVeaux have planned an initial nine-hole program from five different setups. Two of the holes are designed to test the depth extension … Continue reading “Summer Program Underway at Coles Creek”