News Releases

Callinex Mines Inc. Announces $7 Million Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Feb. 15, 2023 (GLOBE NEWSWIRE) — Callinex Mines Inc. (the “Company” or “Callinex”) (TSXV:CNX) (OTCQX: CLLXF) is pleased to announce that it has entered into an agreement with Research Capital Corporation to act as lead agent … Continue reading “Callinex Mines Inc. Announces $7 Million Private Placement”

Callinex Appoints Former HudBay CEO Peter R. Jones to Technical Team

Highlights: Most notably, led the development and construction of several mines in the Flin Flon Greenstone Belt, including two of the largest, the 777 mine as well as the discovery and initial development of the Lalor mine; Instrumental in the development and transformation of HudBay into a substantial international mining company; and Will assist the … Continue reading “Callinex Appoints Former HudBay CEO Peter R. Jones to Technical Team”

Callinex Announces 2023 Exploration Targets at the Pine Bay Project Located in the Flin Flon Mining District, MB

Highlights: The Company has identified high priority exploration targets at depth on the Rainbow deposit where it remains open for expansion; Modeling of BPEM data at Alchemist indicates numerous anomalies for follow up drilling; High-grade gold and silver mineralization provides optimism at target area Odin; and Opportunity to build a high-grade copper/gold resource on the … Continue reading “Callinex Announces 2023 Exploration Targets at the Pine Bay Project Located in the Flin Flon Mining District, MB”

Callinex Receives Final Drill Assays and Awaits Maiden Resource Estimate on Rainbow Deposit Located in the Flin Flon Mining District, MB

Highlights: The Company has received all pending assay results related to 2022 drilling at the Rainbow deposit; Over 42,000m of drilling across 82 drill holes completed at the deposit area since discovery in 2020; Awaiting maiden NI 43-101 resource estimate on Rainbow deposit within the first 800m of surface and updated resource on historic Pine … Continue reading “Callinex Receives Final Drill Assays and Awaits Maiden Resource Estimate on Rainbow Deposit Located in the Flin Flon Mining District, MB”

Callinex Issues Annual Letter to Shareholders

Vancouver, British Columbia – January 17, 2023 – Callinex Mines Inc. (“Callinex” or “the Company”) (TSXV: CNX) (OTCQX: CLLXF) is pleased to provide its year-end letter to shareholders from President and CEO, Max Porterfield: Dear Shareholders, We are pleased to enter 2023 on the heels of another year of exciting results and key milestones to … Continue reading “Callinex Issues Annual Letter to Shareholders”

Callinex Intersects 33.67m of 4.29% Copper and Other High-Grade Intervals at the Rainbow Deposit located in the Flin Flon Mining District, MB 

Highlights: PBM-177 intersected 33.67m of 4.29% copper, 0.22 g/t gold, 4.63g/t silver and 0.31% zinc including 10.47m of 5.90% copper, 14.43m of 5% copper and 7m of 6.38% copper;   PBM-178 extends the Yellow zone with 7.40m of 7.06% copper and infills the Orange zone with 8.45m of 6.18% copper; PBM-175 intersected 16m of 2.85% copper, … Continue reading “Callinex Intersects 33.67m of 4.29% Copper and Other High-Grade Intervals at the Rainbow Deposit located in the Flin Flon Mining District, MB “

Callinex Discovers the Alchemist: New High-Grade Copper, Zinc, Gold and Silver Deposit at the Pine Bay Project, MB

Highlights: Last hole to intersect the discovery, ALC-114, returned 4.40m of 4.02% CuEq including 1.60% copper, 5.14% zinc, 0.40 g/t gold and 21.78 g/t silver; The Alchemist exhibits a minimum strike length of 140m and remains open for expansion in multiple directions; Alchemist is located at that the base of growth fault at Pine Bay … Continue reading “Callinex Discovers the Alchemist: New High-Grade Copper, Zinc, Gold and Silver Deposit at the Pine Bay Project, MB”

Callinex Provides Update on Drilling to Define High-Grade Copper Rainbow Deposit and Test Priority Targets in the Flin Flon Mining District, MB

Highlights:  One drill rig has completed 11 holes to define the Rainbow in anticipation of a NI 43-101 resource estimate on the deposit;  A second rig has begun to test three of the five previously announced target areas; and  Assays pending on all holes from the current drill campaign.  Vancouver, British Columbia – July 19, … Continue reading “Callinex Provides Update on Drilling to Define High-Grade Copper Rainbow Deposit and Test Priority Targets in the Flin Flon Mining District, MB”

Callinex Commences Drilling to Define High-Grade Copper Rainbow Deposit and Test Priority Targets in the Flin Flon Mining District of Manitoba

Highlights: One drill rig will focus on continuing to define the Rainbow in anticipation of a 43-101 resource estimate on the deposit; and A second rig will test geophysical targets identified at the base of the interpreted growth fault that hosts Rainbow and five other deposits and along the trend that also hosts the Sourdough … Continue reading “Callinex Commences Drilling to Define High-Grade Copper Rainbow Deposit and Test Priority Targets in the Flin Flon Mining District of Manitoba”

Callinex Closes $6.24 Million Private Placement Financing

Vancouver, British Columbia – April 22, 2022 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that it has closed its fully subscribed non-brokered private placement for gross proceeds of C$6.24 million (the “Offering”).  The Offering will be used to fund the ongoing drill campaign at the Rainbow … Continue reading “Callinex Closes $6.24 Million Private Placement Financing”

Callinex Mines Increases Private Placement Financing to $6.24 Million

Vancouver, British Columbia – April 12, 2022 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that, due to strong demand, it has increased the size of its previously announced non-brokered private placement (See News Release dated March 30, 2022) from C$4.22 million to C$6.24 million (the “Offering”). … Continue reading “Callinex Mines Increases Private Placement Financing to $6.24 Million”

Callinex Announces $4.22 Million Private Placement Financing

Vancouver, British Columbia – March 30, 2022 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSXV: CNX) (OTCQX: CLLXF) pleased to announce a non-brokered private placement of up to $4.22 million (the “Offering”).  The Offering will be used to fund the ongoing drill campaign at the Rainbow Deposit, Pine Bay, Manitoba. The Offering will consist … Continue reading “Callinex Announces $4.22 Million Private Placement Financing”