FLIN FLON MINING DISTRICT

– One of the most significant VMS districts in the world with production totaling over 130 million tonnes

– Over 30 deposits have been mined, most of which are high-grade copper and zinc-rich deposits

– HudBay has been actively mining in the area and requires additional ore within four years

– Callinex owns a large land package within close proximity to HudBay’s operations

RECENT NEWS

• Callinex Identifies Highly Conductive Anomalies on Known Mine Horizon in the Flin Flon Mining District of Manitoba
• Callinex Discovers 28.6m of 57 g/t Ag Including 16.5m of 94 g/t Ag Near Surface at the Nash Creek Project in Bathurst Mining District, New Brunswick
• Callinex Discovers Silver, Zinc and Lead at the Nash Creek Project in the Bathurst Mining District, New Brunswick

SUCCESS RATE

Over 50% of deposits have been advanced to production, totaling 32 mines which have led to 86 consecutive years of mining

 

INFRASTUCTURE

Over $1.6 billion invested towards mine development with road, rail, power and water infrastructure to facilitate quick development of new discoveries

 

TIMELINES AND CAPEX

Typically less than six years from discovery to development with reduced capital expenditures

Recent discoveries have typically been larger in size and deeper than previously discovered

PINE BAY PROJECT

FLIN FLON PROJECT

BIG ISLAND

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