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”
News Releases
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”
Callinex Defines Highly Conductive Target Off-hole from Copper, Zinc, Gold and Silver Bearing Massive Sulphides at Pine Bay Project, MB
Highlights: Exploration along base of interpreted growth fault has intersected millrock and discovered a new copper, zinc, gold and silver bearing VMS horizon; Drill hole PBM-166 intersected 1.5m of massive sulphides with elevated copper, zinc, gold and silver; A Borehole EM survey completed in PBM-166 identified a highly conductive 130m by 400m anomaly; Geology where … Continue reading “Callinex Defines Highly Conductive Target Off-hole from Copper, Zinc, Gold and Silver Bearing Massive Sulphides at Pine Bay Project, MB”
Callinex Intersects 9m of 12.53% Copper and Other High-Grade Intervals at the Rainbow Deposit located in the Flin Flon Mining District, MB
Highlights: PBM-161-W1 intersected 9m of 12.53% copper (“Cu”) including 5.5m of 17.37% Cu; PBM-161-W2 intersected 14m of 5.71% Cu and 6.5m of 4.48% Cu; and At 110m below surface, the most shallow intersection to date, PBM-163 intersected 6m of 2.34% CuEq. Vancouver, British Columbia – March 1, 2022 – Callinex Mines Inc. (the “Company” or … Continue reading “Callinex Intersects 9m of 12.53% Copper and Other High-Grade Intervals at the Rainbow Deposit located in the Flin Flon Mining District, MB”
Callinex Announces Targets from Regional IP and EM Surveys at Pine Bay Project in the Flin Flon Mining District, MB
Highlights: Three high-priority targets identified by modern Induced Polarization (“IP”) and Surface Pulse Electromagic (“SPEM”) Surveys; Callinex previously utilized these modern IP and SPEM surveys to locate the high-grade Rainbow deposit; and The 5.5km trend currently hosts the high-grade Rainbow deposit, Sourdough deposit and past-producing Centennial Mine. Vancouver, British Columbia – February 2, 2022 – … Continue reading “Callinex Announces Targets from Regional IP and EM Surveys at Pine Bay Project in the Flin Flon Mining District, MB”
Callinex Announces Expansion of Rainbow Deposit to Surface and at Depth with Multiple Copper-Gold-Zinc Assays
Highlights: Rainbow open at depth with deepest intercept at Rainbow to date, a 225m step-out from previous deepest hole (PBM-111); Subsequent borehole EM survey supports the extension of Rainbow at depth; and Multiple near surface copper-gold-zinc assays at the newly discovered Red Zone. Vancouver, British Columbia – January 31, 2022 – Callinex Mines Inc. (the … Continue reading “Callinex Announces Expansion of Rainbow Deposit to Surface and at Depth with Multiple Copper-Gold-Zinc Assays”
Callinex Commences Trading on the OTCQX
Vancouver, British Columbia – January 25, 2022 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce the initiation of trading on the OTCQX. The OTCQX Best Market provides value and convenience to U.S. investors, brokers and institutions seeking to trade Callinex shares under the ticker symbol CLLXF. The … Continue reading “Callinex Commences Trading on the OTCQX”
Callinex Issues Annual Letter to Shareholders
Vancouver, British Columbia – January 11, 2021 – Callinex Mines Inc. (“Callinex”) (TSXV: CNX) (OTC: CLLXF) is pleased to provide its year-end letter to shareholders from President and CEO, Max Porterfield: Dear Shareholders, What a difference a year makes! We enter the New Year on the heels of the most successful year in the Company’s … Continue reading “Callinex Issues Annual Letter to Shareholders”
Callinex Provides an Update for its Manitoba and New Brunswick Exploration Campaigns
Highlights: 37 drill holes totalling over 17,000m of drilling at the Pine Bay Project are pending results from the assay laboratory; This year 64 holes have been drilled totalling 34,250m which focused on expanding the Rainbow Deposit to the surface and test exploration targets; and 12 holes encompassing 3,320m of drilling at the Nash Creek … Continue reading “Callinex Provides an Update for its Manitoba and New Brunswick Exploration Campaigns”
Callinex Announces Gold/Copper/Zinc Mineral Resource Estimate at Point Leamington, Newfoundland
Highlights: Pit-Constrained Indicated Mineral Resource Estimate of 5.0 Mt grading 2.49 g/t AuEq and Inferred Mineral Resource Estimate of 13.7 Mt grading 2.24 g/t AuEq; Out-of-Pit Inferred Mineral Resource Estimate of 1.7 Mt grading 3.06 g/t AuEq; and The last exploration drilling campaign expanded a high-grade zinc-gold zone which intersected 4.67m of 15.05% Zn, 4.37 … Continue reading “Callinex Announces Gold/Copper/Zinc Mineral Resource Estimate at Point Leamington, Newfoundland”
Callinex Intersects 37m of 6% Copper in the Rainbow Deposit located in the Flin Flon Mining District, MB
Highlights: PBM-138 intersected 37m of 6.00% copper, 0.35 g/t gold and 6.13 g/t silver; PBM-133 intersected 7.71m of 2.62% CuEq including 1.70% copper, 0.52 g/t gold, 8.25 g/t silver and 1.29% zinc; and One drill is currently testing the up plunge extent of the Rainbow Deposit to surface. Vancouver, British Columbia – September 7, 2021 … Continue reading “Callinex Intersects 37m of 6% Copper in the Rainbow Deposit located in the Flin Flon Mining District, MB”
Callinex Intersects 67m of 2.73% Copper and 20.53m of 2.58% Copper in Step-outs at the Rainbow Deposit in the Flin Flon Mining District, MB
Highlights: PBM-129-W2 intersected 67.0m of 2.73% copper highlighted by 13.0m of 8.75% copper including 2.5m of 17.6% copper and 6.5m of 4.71% copper; PBM-131 intersected 20.53m of 3.21% copper equivalent consisting of 2.58% copper, 0.22 g/t gold, 6.63 g/t silver and 1.11% zinc; and The two drill holes are the widest intercepts to date in … Continue reading “Callinex Intersects 67m of 2.73% Copper and 20.53m of 2.58% Copper in Step-outs at the Rainbow Deposit in the Flin Flon Mining District, MB”