Highlights: Four high priority near surface target areas outlined for 2025 exploration program; The Visionary Target Area has strong indicators of copper rich VMS targets due to: High grade copper deposit with drill results that include 5.33% Cu over 3.05m and 6.08% Cu over 2.47m; and A flanking high grade gold system with a 200m strike reported drill results that include 140.7 g/t Au over 0.40m and 38.5 g/t Au over 3.0m [...]
Callinex Mines Inc. is pleased to announce the submission of its application for an Advanced Exploration Permit to the Province of Manitoba for the Rainbow deposit at its Pine Bay Camp located 16km from Flin Flon, MB. This permit is a pivotal step towards long-term project development and is the precursor to an environmental license, which allows for full-scale production . The AEP is key in facilitating a 10,000 tonne [...]
Highlights: Drill hole BLU-111, drilled to test shallow target area Blueberry, intersects stringers and bands of sphalerite mineralization hosted within in a setting typical of footwall alteration; Red-brown sphalerite discovered at Blueberry is often an indication of close proximity to VMS discharge systems and potentially a high grade copper, gold, zinc and silver rich VMS deposit; Immediate follow-up is planned at [...]
Callinex Mines Inc. is pleased to provide its 2024 annual letter to shareholders from President and CEO, Max Porterfield: Dear Shareholders, I'm grateful for your support over this last year and I'm excited for what's to come as our team steadily progresses our high-grade base and precious metals rich deposits, expands our newest discoveries and hunts for additional opportunities on our newly expanded land package. Our [...]
Callinex Mines Inc. is pleased to announce that it has entered into a termination and assumption agreement with Teck Resources Ltd. and Voyageur Mineral Explorers Corp. whereby Teck has agreed to terminate its back-in right to acquire up to an additional 90% of certain mineral claims of the Alberts Lake Property, Manitoba . Callinex holds an option to acquire a 100% interest in the Alberts Lake Property in accordance with [...]
Callinex Mines Inc. is pleased to provide a brief update of its continuing 2024 exploration campaign at the 100% owned Pine Bay Project located within the Flin Flon Mining District of Manitoba . The recently consolidated Project area encompasses 11,859 hectares and benefits from a mineral lease, hydroelectric power, an historic 200m deep shaft and three base metal concentrators within trucking distance, with the closest [...]
Callinex Mines Inc. is pleased to provide a brief update of its continuing 2024 exploration campaign at the 100% owned Pine Bay Project located within the Flin Flon Mining District of Manitoba . The recently consolidated Project area encompasses 11,859 hectares and benefits from a mineral lease, hydroelectric power, an historic 200m deep shaft and three base metal concentrators within trucking distance, with the closest [...]
Callinex Mines Inc. is pleased to announce that it has commenced the fully funded 2024 exploration campaign at the 100% owned Pine Bay Project located within the Flin Flon Mining District of Manitoba . The recently consolidated Project area encompasses 11,859 hectares and benefits from a mineral lease, water, hydroelectric power, historic shaft and direct road access to an idle processing facility in Flin Flon, MB [...]
Callinex Mines Inc. is pleased to announce the closing of its previously announced option agreement with Voyageur Mineral Explorers Corp. whereby the Company has optioned a 100% interest in the Alberts Lake Project, Manitoba . Under the terms of the option agreement, Callinex will acquire a 100% interest in the Alberts Lake Project by making the following share issuances to Voyageur: $75,000 of common shares on the date [...]
Callinex Mines Inc. is pleased to announce the closing of its previously announced non-brokered private placement of $2,094,409 , which represents an oversubscription of $594,409 of the originally announced financing . The Financing consists of 753,412 hard dollar units at a price of C$1.25 per HD Unit for gross proceeds of up to C$941,765; and 543,700 Manitoba flow-through units at a price of C$2.12 per FT Unit for gross [...]
Callinex Mines Inc. pleased to announce a non-brokered private placement of up to $1.5 million . The Offering will be used to fund a drilling campaign at the Company's 100% owned Pine Bay Project to expand the Descendent discovery and test other high-priority target areas . The Offering will consist of up to 400,000 hard dollar units at a price of C$1.25 per HD Unit for gross proceeds of up to C$500,000; and up to 471,698 [...]
Highlights: Callinex has received a $250,000 grant from the Manitoba Mineral Development Fund to advance the Pine Bay Project; Proceeds from grant will fund various long lead items to support permitting and future mine development; Company has received over $1m in grants from MMDF to advance high-grade copper discoveries at Pine Bay since 2020; and MMDF is aimed to jump-start mineral and economic development initiatives [...]
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