News Releases

Callinex Files Technical Report for Updated Resource Estimate at the Nash Creek Project

Vancouver, British Columbia – June 7, 2018 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF)  is pleased to announce that it has filed a NI 43-101 Technical Report (“Technical Report”) for its 100% owned Nash Creek Project located within the Bathurst Mining District of New Brunswick. The updated resource estimate outlined … Continue reading “Callinex Files Technical Report for Updated Resource Estimate at the Nash Creek Project”

Callinex Announces Results of Initial Preliminary Economic Assessment that Generates a 34% IRR and a $230M NPV8% at the Nash Creek and Superjack Projects

PEA Highlights: Average annual production of 77M pounds of zinc, 15M pounds of lead and 437K ounces of silver over a ten year mine life; Life of Mine (“LOM”) undiscounted pre-tax net cash flow of C$483M (C$293M post-tax); Pre-tax IRR of a 34.1% (25.2% post-tax) and a pre-tax NPV8% of C$230M (C$128M post-tax) with a … Continue reading “Callinex Announces Results of Initial Preliminary Economic Assessment that Generates a 34% IRR and a $230M NPV8% at the Nash Creek and Superjack Projects”

Callinex Announces Major Increase in the Nash Creek Deposit and Updated Resource Estimate

Highlights Independent NI 43-101 mineral resource estimate has outlined a major increase in contained zinc, lead and silver at the Company’s 100% owned Nash Creek Project; Indicated zinc equivalent pounds have increased by 74%, to 963 million pounds, and inferred zinc equivalent pounds have increased by 385%, to 407 million pounds; and Callinex expects to … Continue reading “Callinex Announces Major Increase in the Nash Creek Deposit and Updated Resource Estimate”

Callinex Reports Final Drill Results to be Included in Upcoming PEA

Highlights Final drill results received where 13 of 15 reported drill holes intersected significant zinc mineralization; Drill hole NC17-261 intersected 23.0m of 4.2% Zn Eq. from a starting depth of 11.0m including 8.3m of 6.0% Zn Eq.; and Callinex expects to release an updated NI 43-101 Mineral Resource Estimate within 15 days and PEA in … Continue reading “Callinex Reports Final Drill Results to be Included in Upcoming PEA”

Callinex Completes Drone Magnetic Survey at Nash Creek

Vancouver, British Columbia – March 28, 2018 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF) is pleased to announce that it has completed a 450 line-kilometer drone magnetic survey (“Drone Magnetic Survey”) to provide high-resolution data over the current mineral resources at the Company’s 100% owned Nash Creek Project within the … Continue reading “Callinex Completes Drone Magnetic Survey at Nash Creek”

Callinex Commences Drilling Campaign in the Flin Flon Mining District of Manitoba

Highlights Campaign is anticipated to consist of two drill holes totaling approximately 1,200m in the Flin Flon Mining District to efficiently test two targets with significant potential upside; Drilling at the Big Island Project will test a high-priority 450m by 675m geophysical target located down-plunge from the high-grade Tara Lake Deposit; and The Company will … Continue reading “Callinex Commences Drilling Campaign in the Flin Flon Mining District of Manitoba”

Callinex Closes $2.3 Million Private Placement

Vancouver, British Columbia – February 27, 2018 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF)  is pleased to announce that it has closed its previously announced non-brokered private placement financing (See News Release dated February 14, 2018 and February 26, 2018) to issue 5,709,170 flow-through shares at a price per share … Continue reading “Callinex Closes $2.3 Million Private Placement”

Callinex Increases Flow-Through Financing to $2.3M

NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia – February 26, 2018 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF)  is pleased to announce that it has increased its previously announced non-brokered private placement financing (See News Release dated February … Continue reading “Callinex Increases Flow-Through Financing to $2.3M”

Callinex Intersects 11.8m of 3.9% Zinc Equivalent Mineralization at Nash Creek in New Brunswick

Highlights Drill hole NC17-263 intersected 11.8m of 3.9% Zn Eq. and expanded the deposit to the east; Drill hole NC17-278 intersected three separate near-surface zones including 10.0m of 3.6% Zn Eq. and 9.0m of 3.3% Zn Eq.; and Drill hole NC17-280, the northernmost hole drilled as part of the expansion program, intersected 4.1m of 4.6% … Continue reading “Callinex Intersects 11.8m of 3.9% Zinc Equivalent Mineralization at Nash Creek in New Brunswick”

Callinex Announces Flow-Through Financing To Advance Zinc Assets

NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia – February 1, 2018 – Callinex Mines Inc. (the “Company” or “Callinex”) (TSX-V: CNX; OTCQX: CLLXF)  is pleased to announce that it intends to complete non-brokered private placement (the “Offering”) of up to 3,750,000 flow-through shares … Continue reading “Callinex Announces Flow-Through Financing To Advance Zinc Assets”

Callinex Intersects 13.0 Meters of 5.7% Zinc Equivalent Mineralization at Nash Creek in New Brunswick

Highlights Drill hole NC17-260 expanded the Nash Creek Deposit laterally and intersected 13.0m of 5.7% Zn Eq. starting at a depth of 72.0m including 5.0m of 11.8% Zn Eq.; High-grade mineralization intersected in hole NC17-260 is open for further expansion to the west and northwest towards the MacMillan Zone; and Drill hole NC17-254 intersected 9.0m … Continue reading “Callinex Intersects 13.0 Meters of 5.7% Zinc Equivalent Mineralization at Nash Creek in New Brunswick”

Callinex Intersects Extensive Near-Surface Zinc Mineralization at Nash Creek in New Brunswick

Highlights Drill Hole NC-249, the northernmost hole, intersected extensive mineralization including 53.8m of 2.8% Zn Eq. starting at a depth of 18.5m including higher grade intervals; These drill four holes have expanded the lateral extent of the northernmost area of the Nash Creek Deposit up to 260m; and Plans to delineate the extent of the … Continue reading “Callinex Intersects Extensive Near-Surface Zinc Mineralization at Nash Creek in New Brunswick”