News Releases

December 12, 2011 VANCOUVER — Callinex Mines Inc. (“Callinex”) (TSX.V:CNX) is pleased to announce that it intends to raise $2,850,000 through a non-brokered private placement of 3,000,000 units (the “Units”) at the price of $0.95 per Unit. Each Unit will consist of one flow-through common share and half of one non-transferable warrant (a “Warrant”). Each … Continue reading “Callinex Announces Non-Brokered Financing To Raise $2,850,000”

November 25, 2011 VANCOUVER – Callinex Mines (CNX.V) has received assay results from drilling conducted this past summer on its Coles Creek property in northern British Columbia near Houston. The recent assays have further established a known silver-zinc-lead formation containing associated gold values. The 11-hole program was conducted to follow up on the mineral-rich zone … Continue reading “Coles Creek Assays Reveal 11.70 Meters of 175 g/t Silver, 0.194 g/t Gold, 2.114% Zinc, 1.521% Lead”

November 16, 2011 VANCOUVER — Callinex Mines (TSX.V-CNX) is pleased to announce the receipt of assay results from its recently completed drill program at the Troitsa Property in Northern British Columbia near Houston. The most significant intersection to date has been encountered in hole TR11-7. The intersection measures 82.06 meters in core length and grades … Continue reading “Troitsa Property Drilling Discovers 82.06 Meters 0f 0.326% Copper”

September 15, 2011 VANCOUVER – Callinex Mines announces today that it has granted stock options exercisable to purchase 1,090,000 of its shares at a price of $0.90 per share to directors, officers, employees and consultants for a five year period, subject to the terms of its stock option plan. On Behalf of the Board of … Continue reading “Callinex Mines Grants Stock Options”

August 26, 2011 Vancouver, British Columbia — Callinex Mines Inc. (the “Company”) is pleased to announce that it has closed its recently announced private placement (the “Private Placement”) of 6,000,000 flow-through common shares at a price of $1.10 per share to raise gross proceeds of $6,600,000. Secutor Capital Management Corporation and Industrial Alliance Securities Inc. … Continue reading “Callinex Closes $6.6 Million Offering”

July 13, 2011 Vancouver, British Columbia — Callinan Royalties Corporation (“Callinan Royalties”) is pleased to announce that its name change from Callinan Mines Limited (“Callinan Mines”) has been made effective today and that its plan of arrangement (the “Arrangement”) with Callinex Mines Inc. (“Callinex”) has closed today. Callinan Royalties’ trading symbol will remain “CAA”. Pursuant … Continue reading “Callinan Mines Closes Arrangement and Changes Name to Callinan Royalties Corporation; Callinex Shares to Commence Trading”

April 15, 2011 VANCOUVER – Callinan Mines (TSX.V-CAA, OTCBB-CCNMF) has received complete assays from its recent drill program at Gossan Hill in Northern Manitoba. All 32 holes completed as part of the program returned gold and silver mineralization in encouraging widths and concentrations. The Company has also received assays of additional samples from previously reported … Continue reading “Gossan Hill Results Show Greater Widths, Drilling to Commence at Pine Bay”

March 3, 2011 VANCOUVER — Callinan Mines (TSX.V-CAA, OTCBB-CCNMF) is pleased to report that assay results have confirmed that DDH GOS 28 has intersected 5.94 grams of gold per tonne and 22.00 grams of silver per tonne over 14.77 meters at its Gossan Hill Property, Manitoba. Highlights from GOS 28 are included in the table … Continue reading “Drilling at Gossan Hill Intersects 5.94 g/Mt over 14.77 metres”

February 25, 2011 VANCOUVER — Callinan Mines (TSX.V — CAA) ongoing exploration program at Gossan Hill has intersected gold mineralization in each of 12 holes for which assay results have recently been received. The best results, in hole GOS 25, grade 9.73 grams of gold per tonne, and 6.91 grams of silver per tonne over … Continue reading “Drilling at Gossan Hill Intersects 9.73 g/mT Gold over 5.75 Meters”

January 11, 2011 TORONTO — In recognition of a storied mining career that spans five decades, Mike Muzylowski, Callinan President and CEO, is being inducted into the Canadian Mining Hall of Fame. In a ceremony to be held this coming Thursday, January the 13th, 2011, Mike Muzylowski will be enshrined amongst other great Canadian Developers. … Continue reading “Mike Muzylowski to be Inducted into Canadian Mining Hall of Fame”

January 11, 2011 VANCOUVER – Callinan Mines has received final assays from the drilling conducted this past summer season at their wholly owned Coles Creek property in Northern BC near Smithers. The program consisted of 7,069 metres of diamond drilling, focused on a mineralized volcanic zone approximately 1.5 square kilometers in area. Analysis of drill … Continue reading “Coles Creek Drill Program Uncovers Large Mineralized System”

January 10, 2011 VANCOUVER — Callinan Mines announces today that the balance of the diamond drill holes completed to date at their Gossan Hill property have been proven by assay to contain gold and silver. Highlights include a 4.70 metre section of diamond drill hole GOS-11 containing 9.47 g/mT of gold, and 16.52 g/mT of … Continue reading “Drilling at Gossan Hill Encounters 4.70 metres of 9.47 g/mT Gold, 16.53 g/mT Silver”