News Releases

November 29, 2007 VANCOUVER – Callinan Mines Ltd. (CAA-TSX.V) has entered into an option agreement with Candorado Operating Company Ltd. (CDO-TSX.V). The agreement affords Callinan the ability to acquire a 60% working interest in the Rayfield River copper property near 70 Mile house, BC. Exploration on the Rayfield River property by previous operators encountered consistent … Continue reading “Callinan to Option and Drill Candorado’s Rayfield River Copper Property”

November 8, 2007 VANCOUVER – Callinan Mines Limited (TSX.V-CAA) has today received an interim payment of $358,000 from HudBay Minerals Inc. representing 75% of an estimate of 6& 2/3 % of net profits from HudBay’s 777 Mine in Flin Flon, Manitoba for a portion of the quarter ended September 30, 2007. Today’s payment is the … Continue reading “Callinan Receives First Net Profits Interest From Hudbay Minerals Inc.”

October 30, 2007 VANCOUVER – Callinan Mines has mobilized crews and equipment to their Sneath Lake property near Snow Lake, MB. in preparation for drill testing. Previous exploration on the Sneath Lake property has produced intersections of 1.1% copper and 3.5 % zinc hosted in sulphides. After completing a VTEM survey on the property this … Continue reading “Callinan To Drill at Sneath Lake”

October 25, 2007 Callinan Mines Limited (“Callinan”) proposes to extend by one (1) year the term, and adjust the exercise price to $1.25 per share, of outstanding share purchase warrants issued pursuant to a private placement, the first tranche of which closed on November 2, 2006 and the second tranche of which closed on December … Continue reading “Callinan Proposes to Extend Term and Amend Exercise Price of Warrants”

October 4, 2007 VANCOUVER – A detailed geochemical sampling program has been completed on Callinan Mines / Bell Resources’ joint ventured Fox River Project in Northern Manitoba. The program was designed to test areas located by the company’s 2006 VTEM airborne survey as targets prospective for base and precious metal content. Seven of the twelve … Continue reading “Geochemical Samples Confirm Base and Precious Metal Targets at Fox River”

August 24, 2007 VANCOUVER – In response to numerous shareholder inquiries, Callinan Mines is pleased to report a strong financial position. The company maintains: • Steady and increasing quarterly income of more than $100,000. • More than $3 million in working capital, stored in safe, liquid financial instruments. • No debt. • No exposure to … Continue reading “Callinan Outlines Strong Financial Position”

August 14, 2007 VANCOUVER-Callinan Mines (CAA-TSX.V) is pleased to announce that the 2007 exploration program has commenced at their wholly owned Coles Creek property near Houston BC. Ten diamond drill holes are planned to test areas of known surface mineralization, and induced polarization (IP) anomalies. Abundant mineralization has been found on the claims, both in … Continue reading “Drilling Commenced on Coles Creek”

August 10, 2007 Callinan Mines Limited (CAA – TSX.V) announces that it has entered into an option agreement with W.S. Ferreira Ltd. (“WSFL”) to purchase a 100% working interest in three mineral claims known as the Moak and Norris Lake Claims, and two mineral exploration licenses covering an aggregate area of approximately 10,799 hectares, all … Continue reading “Callinan Enters Into Option to Acquire Moak and Norris Lake Claims”

August 10, 2007 Callinan Mines Limited (TSX.V-CAA) is pleased to announce the acquisition of a VMS property in the Herblet Lake area of Manitoba. The company has entered into an option agreement with W. Bruce Dunlop Limited (“WBDL”) to purchase up to a 100% working interest in ten mineral claims known as the Herblet Lake … Continue reading “Callinan Acquires Interest In Herblet Lake Zinc / Copper Claims”

July 31, 2007 VANCOUVER – Callinan Mines Limited (CAA – TSX.V) has recovered mineralized intercepts from their 2007 exploration program on the 100% owned “Cal Claims” in Northern Manitoba near Snow Lake. The intercepts have confirmed that copper mineralization exists near surface in an ultramafic sulphide system. The widths and grades recovered from the spring … Continue reading “Cal Claims Assays Confirm Near Surface Copper and Nickel Grades”

July 4, 2007 VANCOUVER- Callinan Mines and joint venture partner Bell Resources are pleased to report progress from the ongoing exploration program in Fox River, Manitoba. In the winter of 2006 — 2007, Callinan Mines, as Operator, completed 7 diamond drill holes on the Fox River joint venture property. These holes were designed to intercept … Continue reading “Callinan Mines and Bell Resources Plan To Follow Up on Technical Success at Fox River”

June 26, 2007 VANCOUVER – The uncovering of significant uranium bearing samples from trenching conducted by previous operators has led Callinan Mines to option 1,581 acres of ground near Snow Lake, Manitoba. Historic channel samples on the “Dion Lake” claims returned grades of up to 1.7% U3O8 over 3-4 meters. Representative chip sampling from the … Continue reading “Callinan Acquires New Uranium Prospect”